Posts Tagged: "cloud-based accounting"
November 9, 2021
5 Financial Best Practices for Nonprofits#1: Find a Trusted Financial Advisor #2: Go Paperless The benefits of going paperless span from saving the environment to streamlining processes and saving costs throughout the organization. Paper drives manual processes and inefficiencies which sap energy and funds. Going paperless, from invoicing to bill payments to full-blown accounting in the cloud, helps nonprofits to…
October 28, 2021
JMT Consulting and Vena as Life Saving ToolsTools to Navigate a Nonprofit Budget Process In the past few years, we, as a whole, have learned that there’s no excuse for working with outdated technology, especially when it comes to the process of budgeting. When we talk with nonprofits about their budget process, it’s usually accompanied by moans and groans about what an…
July 22, 2021
Can Nonprofits Make Money?In order to function and truly be successful at reaching its goals, a nonprofit must conduct itself as a business, and yes, that means making money It’s a common misconception that nonprofits must end their fiscal year with a balance of zero dollars, or close to it, in order to make their mission successful and…
May 17, 2017
How to Know When it’s Time to Ditch QuickbooksAs Nonprofits Grow, They Quickly Outgrow Quickbooks Quickbooks offers an effective introductory accounting system for new, small businesses. It’s easy to use, efficient and provides solid reports. However, as nonprofits grow, organizations invariably face new financial management challenges and they quickly find that Quickbooks isn’t a scalable solution for their accounting needs. Data entry and…
April 27, 2017
Get Accessibility Anywhere with Cloud-Based Financial ManagementMore Nonprofits are Switching to Cloud-Based Financial Management Systems The trend is clear. Cloud-based options offer benefits that include automated billing and revenue management, simplified compliance with regulations, cheaper IT support and increased efficiency for organizations. One of the most alluring assets provided by cloud-based systems, however, is the incredible mobility they provide. The mobile…
