March 22, 2022

How to Combat Rising Wages Without Breaking the Bank

For employers used to having the upper hand in the last 40 years, the Great Resignation is demanding a rethinking of employee relations. For the foreseeable future, power rests with workers, and wages are therefore starting to rise throughout the economy. To put it in perspective, Warehouse club Costco has boosted pay to a minimum…

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10 Strengths Nonprofits can Leverage to Attract and Keep Employees
January 27, 2022
10 Strengths Nonprofits can Leverage to Attract and Keep Employees

10 Strengths Nonprofits can Leverage to Attract and Keep Employees From the Nonprofit Experts Many industries continue to suffer labor shortages as employees reevaluate their work experiences. In what some are calling “the Great Resignation,” employees are leaving their jobs at historic rates to pursue better career opportunities. The last couple of years have completely…

5 Financial Best Practices for Nonprofits
November 9, 2021
5 Financial Best Practices for Nonprofits

Staying on top of your organization’s finances is extremely important, especially in the nonprofit industry – where every penny goes towards achieving your mission. Not only are a nonprofit’s financial decisions scrutinized by the Board, but nonprofits are also under the microscope of the public. Chyla Graham, President of CNRG Accounting Advisory, says, “if nonprofits…

JMT Consulting and Vena as Life Saving Tools
October 28, 2021
JMT Consulting and Vena as Life Saving Tools

Tools 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a Nonprofit Budget Process In the past few years, we, as a whole, have learned that there’s no excuse for working with outdated technology, especially when it comes to the process of budgeting.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…

Promoting Diversity and Inclusion in Nonprofits
August 5, 2021
Promoting Diversity and Inclusion in Nonprofits

Diversity and inclusion are specifically important concepts in the nonprofit sector because nonprofits are created to serve the community, made up of people from different backgrounds including different races, ages, genders, and abilities.

Generating Reliable Revenue for your Nonprofit
July 30, 2021
Generating Reliable Revenue for your Nonprofit

Optimize key sources of revenue for Nonprofits such as fees from programs, goods, or services, government grants, and investments with JMT.

Attributes of Grant-Winning Charities
July 27, 2021
Attributes of Grant-Winning Charities

Grants are usually awarded because the charity presents a set of intangible reasons that helped convince the foundation staff and board to make the commitment How often do we find ourselves feeling more than a touch of envy when we hear of another charity – much like our own – winning a grant? Followed by…

Nonprofit Passion and the Need to Digitally Transform
July 26, 2021
Nonprofit Passion and the Need to Digitally Transform

Nonprofit organizations need very strong fund accounting and grant management support I admit I am new to the technology world of nonprofits, having come from enterprise solutions in the manufacturing and supply chain world for multi-billion-dollar organizations. Though nonprofit organizations tend to be much smaller, that does not seem to make their needs for certain…

Can Nonprofits Make Money?
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…

MIP vs. QuickBooks: Affordable Accounting Software for Nonprofits
June 8, 2021
MIP vs. QuickBooks: Affordable Accounting Software for Nonprofits

Explore whether MIP or Quickbooks is the better accounting software for your nonprofit based on the key differences. Replacing an introductory accounting solution like QuickBooks with a mid-market product such as MIP Fund Accounting is one of the most important decisions a nonprofit will make. And one of the most difficult. Upgrading to an objectively…

Nonprofit Self-Esteem: The Columbia Syndrome
June 1, 2021
Nonprofit Self-Esteem: The Columbia Syndrome

Many nonprofits feel the weight of being “less than…” Does your nonprofit’s self-esteem suffer from The Columbia Syndrome? Peter Heller is the Founder of Heller Fundraising Group, a New York City-based fundraising consulting firm that works with local, national and international nonprofits on capital campaigns. This post was originally published on the Heller Fundraising Group…

Drive Efficiency and Success with Sage Intacct: Learn More at Wednesday Wisdom
May 27, 2021
Drive Efficiency and Success with Sage Intacct: Learn More at Wednesday Wisdom

On Wednesdays, Sage Intacct product experts will share best practices, tips, and other ways Sage Intacct’s innovation and existing modules can help you get the most out of your Sage Intacct investment. If you can’t join on Wednesdays, register anyway and you’ll be able to watch a recording on demand. These sessions are around 30…

Sage Intacct Budgeting & Planning vs. Vena
May 25, 2021
Sage Intacct Budgeting & Planning vs. Vena

With FP&A software becoming important for nonprofits, learn how to pick the right solution from two leading options. Sage Intacct Budgeting & Planning vs. Vena: Two Great Options, One Right Choice As nonprofits contend with rising expectations, increasing competition, and evolving funding sources, the need for effective financial planning and analysis becomes urgent. Most nonprofits…

Nonprofits & Cybersecurity: The Rising Risk of Attack
May 17, 2021
Nonprofits & Cybersecurity: The Rising Risk of Attack

Cybersecurity is becoming a serious issue for nonprofits. Learn why everyone is at risk and how to put effective defenses in place before it’s too late. Nonprofits and Cybersecurity: Why Mission-Driven Organizations are at Increased Risk of Attack Nonprofits are not immune to cyber attacks. On the contrary, they are at greater risk than ever…

Sage Intacct vs. MIP Fund Accounting: The Ultimate Comparison Guide for Nonprofit Financial Professionals
May 12, 2021
Sage Intacct vs. MIP Fund Accounting: The Ultimate Comparison Guide for Nonprofit Financial Professionals

Sage Intacct or MIP Fund Accounting power a large percentage of all the finance departments in the nonprofit sector Out of a crowded market for accounting solutions, nonprofits consistently choose Sage Intacct or MIP Fund Accounting. These two solutions power a large percentage of all the finance departments in the nonprofit sector, but a few…

3 Essential Technologies Every Nonprofit Finance Department Needs in 2021
April 29, 2021
3 Essential Technologies Every Nonprofit Finance Department Needs in 2021

Is Your Nonprofit Evolving as Technology Evolves? Technology is constantly evolving — and so is your nonprofit and the roles within it. Do you feel confident that your nonprofit is set up in a way that allows it to evolve with a changing technological landscape while still keeping its mission top of mind? If you…

How to Add a New MIP User Account
April 26, 2021
How to Add a New MIP User Account

Recently hired a new member to your nonprofit finance team and need to set up a new user account in your MIP Fund Accounting system? The process of adding a new MIP user account consists of 2 steps: 1. Create the user account and select the database(s) that the account will have access to: Go…

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