Have your reporting requirements demanded such a high level of detail that your organization has expanded the nonprofit chart of accounts in an attempt to deliver that information? Has the result been a chart of accounts that spans dozens of printed pages and is so cumbersome that very few...
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Automatic expense allocations is a basic feature found in most mid-market financial accounting software packages. This feature allows you to gain the flexibility and value of automating a potential time consuming task of allocating various revenues and expenses across different financial dimensions. You would think that such a simple...
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We all know that financial management for nonprofits continues to be a challenge that is often underestimated. I have typically found that financial management is viewed in the simplest format, primarily with outdated reports and other information that provide very little real visibility as to the reality of an...
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Nonprofit organizations run their operations based on the generosity of their donors and grant programs, as well as with the support of volunteers and often a handful of paid staff. Irregular income, strict budget governance, and payroll often present unique budget challenges that require close attention. Tackle these challenges...
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I attended a local Users Group meeting last week for one of the leading Association Management software applications and a user asked about the new Revenue Recognition standard for non-profits. She wondered whether the Association Management solution that we were all there to discuss would be ready when the...
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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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The nonprofit finance department of the future is mobile, agile, and insightful. The nonprofit finance department of the future has arrived today. The continued evolution of cloud based software tools has created an unparalleled opportunity for nonprofit organizations to better leverage staff and improve efficiency by reducing reliance on...
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Legacy Nonprofit Software: it has probably served you well for decades. You’ve learned to live with its inability to integrate with other mission-critical software in use within your organization. You’ve kept a stiff upper lip when its reporting shortcomings became obvious and resorted to spreadsheets. You’ve made weekend and...
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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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We have been selling and supporting mid-market financial accounting (ERP) software solutions at Maner Costerisan for over twenty years. During that time, we’ve primarily focused on selling and supporting Microsoft Dynamics GP (formerly Great Plains). In recent years, however, we have also sold and supported Intacct, the leading cloud-based ERP...
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