Category Archives: Fund Accounting

Why Doesn’t Anyone Read These Reports?

Posted on in Best Practices, Compliance, Fund Accounting, Reporting

Sometimes working in nonprofit finance can be frustrating.  A tremendous effort goes into carefully planning, recording and reporting financial information to meet regulatory and funder reporting requirements and provide actionable decision support information to the organization’s management team.  What we hear very frequently is that managers in some organizations seem… Read more

Sage Nonprofit Solutions is Now Abila

Posted on in Abila, Fund Accounting, Fundraising, Industry News, Nonprofit, Sage Fund Accounting, Sage Fundraising Online, Sage Grant Management, Sage MIP Fund Accounting

As many of you may have seen through email communications and press reports, Sage Nonprofit Solutions has completed the next step in their transition to being an independent company.  The company that produces the products known as Sage 100 Fund Accounting (aka “MIP”), Sage Fundraising 50, Millennium and Sage Grant Management… Read more

JMT’s Focus on Nonprofits Earns Distinction as a Top ERP Reseller

Posted on in Best Practices, Cloud Computing, Fund Accounting, Hosted Solutions, JMT News, Nonprofit, Sage Fund Accounting, Sage MIP Fund Accounting

At JMT, we are proud to once again be distinguished as one of the leading providers of ERP software to the mid-market by Bob Scott. What distinguishes JMT on this list is that we are the largest firm that exclusively serves the non-for-profit space. Our focus on nonprofits and the… Read more

Sage Nonprofit Solutions is now an Independent Company!

Posted on in Fund Accounting, Fundraising, Nonprofit, Sage Fund Accounting, Sage Fundraising Online, Sage MIP Fund Accounting

Last month we all were given the official news that Sage Nonprofit Solutions was being sold to Accel-KKR, a private equity firm.  This week, that sale was finalized and Sage Nonprofit Solutions is legally an independent company, no longer a part of Sage North America.  Congratulations to our colleagues at… Read more

5 Tips for Creating an Effective RFP for Business Application Software

Posted on in Best Practices, Fund Accounting, Fundraising, Nonprofit

Many large (and some small) nonprofit organizations and most state and local government agencies have formalized procurement policies that require the use of an arm’s length, competitive bidding process for purchases over a particular amount, also known as a Request for Proposals (RFP).  Regardless of the rationale for the policy… Read more

Best Practices for Selecting Nonprofit Financial Software

Posted on in Best Practices, Budget Planning, Cloud Computing, Education, Fund Accounting, Hosted Solutions, Intacct, Nonprofit, Sage Fund Accounting, Sage MIP Fund Accounting, Technology

This month we are proud to feature JMT’s Executive Seminar Series topic “A CFO’s Guide to Evaluating Nonprofit Financial Systems”.  At JMT, we are dedicated to helping our nonprofit clients advance their mission through optimized systems and processes.  In some cases this involves identifying appropriate financial management software if the… Read more

Software vs. Solution

Posted on in Best Practices, Fund Accounting, Fundraising, Nonprofit, Technology

Why work with an independent value-added reseller versus a software publisher directly? If you have ever approached a software vendor about their product, it probably went something like this:   “Do you have budget for a purchase?” “When do you plan to buy?” “Are you the decision maker?” “Who is our… Read more

What is Nonprofit Accounting Software?

Posted on in Fund Accounting, Nonprofit, Reporting, Technology

I spoke recently with a prospective client that asked a simple question:  What makes nonprofit accounting software “nonprofit accounting software”?  I realized at that moment that there are software products in the marketplace that bill themselves as being “built for nonprofits” and there are others that claim to “work well… Read more

The 3 Most Compelling Reasons Nonprofits Should Consider Switching from QuickBooks

Posted on in Fund Accounting, Nonprofit, Technology

At JMT, we have worked with over 1,000 nonprofit organizations during the last 22 years to systematically evaluate their financial reporting and operational requirements and identify “best fit” solutions that will help them optimize their financial management systems and processes.  One of the key things we have learned during that time… Read more

Bob Scott’s VAR Stars 2012 Announced

Posted on in Best Practices, Charter Schools, Community Healthcare, Education, Faith Based, Fund Accounting, Head Start, Health Care, Housing, JMT News, Museums, Nonprofit, Sage Fund Accounting, Sage MIP Fund Accounting, Technology

  Bob Scott’s VAR Stars 2012 Announced     JMT Consulting Group, Inc. has been selected as a member of the Bob Scott’s VAR Stars for 2012, a group of 100 organizations honored for their accomplishments in the field of midmarket financial software Members of the VAR Stars were selected… Read more

Nashville Lunch & Learn November 16

Posted on in Cloud Computing, Fund Accounting, Intacct, Nonprofit, Sage Fund Accounting, Sage MIP Fund Accounting

Join JMT Consulting for a free gourmet lunch and a discussion about the typical accounting dilemmas facing nonprofits.  We’ll compare and contrast two leading financial accounting solutions, Intacct and Sage (MIP) Fund Accounting that can make your organization more effective.  You’ll also have a unique opportunity to network with other local nonprofit… Read more