5 Things Your Finance Director Wants You To Know The nonprofit world is experiencing enormous change. More competition for funding, higher demand for services due to growing numbers of constituents and the increasing donor demand for more information with which they can be confident your organization can achieve maximum...
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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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This is the third post in our blog series: Best Practices for Selecting Nonprofit Accounting Software Once your nonprofit accounting software requirements are documented and prioritized, the search begins for the right software and implementation vendor – or, as we like to call it, a partner. The internet makes...
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Many Non-Profit organizations that are using Quickbooks or a similar low-end solution for their accounting software are finding that they need something more robust. The reasons for this can vary considerably. For example, some organizations need better controls. Or, maybe they need more financial reporting flexibility or easier integration...
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5 Ways Nonprofits Benefit from the Cloud – As a nonprofit, you have many stakeholders who require accurate information on budget, grants, outcomes, and more – and their requests usually come with a need to have the information now. If this causes chaos and either a rejection of the...
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This is the second post in our blog series: Best Practices for Selecting Nonprofit Accounting Software – The Importance of Documenting Your Requirements No one wants to do it but documenting requirements from process owners, stakeholders and executive leadership will make or break the selection and implementation success of...
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If Accountability and Transparency are the Destination, Your Nonprofit Accounting System is the GPS More accountability, greater transparency, presenting the case for more funding – it all begins with an accounting solution that provides the necessary reporting quickly and accurately. Are you using a compass or a GPS? Managing...
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If you are like most non-profits, you probably spend days, if not weeks, if not months working on your budgets. You may even create more than one version of your budget for contingency purposes. For example, what happens if Grant A doesn’t get approved or if the state cuts...
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This is the first post in our blog series: Best Practices for Selecting Nonprofit Accounting Software Having easy access to mission-critical financial information is key to the growth for nonprofits, especially if you are expanding your services, opening new locations and winning more grants. However, too many nonprofit business...
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If you’re a not-for-profit and want to track the performance of each fund, program, project, and grant, you’ve been out of luck… until now. Also referred to as multi-dimensional accounting, the dimensions capability of Intacct cloud accounting software allows you to track revenues and expenses for all of your...
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