There’s never been more accounting software or enterprise resource planning (ERP) systems than there are today, with several claiming nonprofit expertise. However, QuickBooks has become the most popular accounting software for nonprofits without even trying. Why then are so many nonprofits moving away from QuickBooks? Is it because QuickBooks...
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Intacct cloud accounting software is increasingly chosen by nonprofits to maximize their “return on mission,” including foundations, healthcare providers, associations, social services, and faith-based groups. More specifically, Intacct does this by offering three things that save nonprofits a bundle. The first is a standard discount on the software. The second...
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This is the fifth post in our blog series: Best Practices for Selecting Nonprofit Accounting Software In order for you and your team to make a final decision on which nonprofit accounting software is right for your organization, we recommend that you have your short list of accounting software...
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Just yesterday, on August 19th, the Financial Accounting Standards Board (FASB) announced changes to how nonprofits present their financial reporting. This is the first change to these standards since the current rules were established in 1993. The new rules are designed to help nonprofits do a better job of telling...
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This is the fourth post in our blog series: Best Practices for Selecting Nonprofit Accounting Software Once you’ve identified your final nonprofit accounting software candidates from vendors and partners, you’ll next need to evaluate their proposals. Considering that the effort is like comparing apples to oranges, here’s how to...
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The question isn’t whether or not you’ve heard the word “transparency” – no doubt you have – maybe several times a day. But rather, what does transparency mean for your organization? The team at Zimmerman Lehman define “transparency” this way: “Transparency involves how much you tell the public about...
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Cloud computing is taking the world by storm and many nonprofits are already taking advantage of this powerful technology. Approximately 90% of worldwide nonprofits are using cloud-computing services. Cloud-based solutions can save money, streamline productivity, and support efforts toward achieving your mission. Lighten your load and get a better...
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There’s an adage about hot properties in real estate that can be summed up in three words: location, location, location! If we were to apply the same idea to nonprofit software solutions, hot applications could be summed up in three words as well: features, features, features! Nonprofits want software...
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The goal for every not-for-profit is to increase the financial support of donors, and at the very least, maintain the current level of support. Numbers matter and donors want to see how their money has impacted your mission. Key steps to gaining financial support include: Generating an annual report...
Read MoreAre you are part of a not-for-profit organization and would like to better manage your constituent information, donation pipeline, benefits, events and fundraisers? If so, you won’t want to miss our upcoming webinar, now’s the time to register! MIG will review Microsoft Dynamics CRM benefits and best practices for...
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