August 30, 2016
Fundware: Death of a Giant or Evolution of Cloud Computing?
Although it was no surprise to anyone familiar with Fundware and its history over the past 15 years, I was still saddened to hear the announcement from Blackbaud that it was discontinuing support. This is pretty much as official as you can get when it comes to the end-of-life for software. When I started…
August 8, 2016
Management Reporting vs Compliance ReportingNonprofit organizations are well-versed in the reporting process. Showing transparency and sharing information with the board of directors, the membership, funders and granting agencies requires a lot of communication and detailed reports. There is a difference between preparing management reports and compliance reports and it starts with presentation. Reliable data and detailed reports are…
August 1, 2016
Grow Your Nonprofit By Following Key MetricsCurrent, reliable data is essential for a nonprofit organization to grow and move closer to the mission. However, having data isn’t enough. Your leaders need to know what to do with it. When choosing performance indicators or metrics to monitor, they need to be aligned with your strategic plan and you need to know how…
July 19, 2016
JMT Consulting Group Named to Accounting Today’s VAR 100 list for 2016JMT Consulting Group is pleased to announce they have been named to Accounting Today’s VAR 100 list for 2016. The Top 100 VARs are chosen from organizations specializing in the sale and implementation of Enterprise Resource Planning (ERP) and accounting software. “JMT Consulting is honored to be included in Accounting Today’s VAR 100 list…
July 6, 2016
Nexonia Announces New Expenses Integration with AbilaJMT Consulting group is excited to announce that Nexonia, a leader in time and expense management software, has officially partnered with Abila to provide customers with seamless two-way expense integration with both Abila MIP Advance™ and Abila MIP Fund Accounting™. We believe Nexonia to be the most intuitive time and expense management software on…
June 27, 2016
Charitable Solicitation ComplianceBy James Gilmer, with Harbor Compliance As more nonprofits move toward faster, more comprehensive donor management and fundraising technology solutions, connecting with prospective and recurring donors is easier than ever. In the rush of expanding your mission and base of support, it’s easy to leave charitable solicitation compliance behind. Properly maintaining your nonprofit’s registration with…
April 25, 2016
VISIBILITY DOESN’T CURE BLINDNESSIt seems as if every day we are hearing the buzz word “visibility” more and more when it comes to financial management and analytical software. And well we should as one of the key benefits of modern financial management solutions such as Intacct is the visibility they can provide to the finance team, the organization’s…
April 12, 2016
Is your organization set to comply with the new “Uniform Guidance” for Federal Grants?The Office of Management and Budget (“OMB”) recently implemented new rules known as “Uniform Guidance” that now combines what was eight different sets of rules related to federal grant administration (known as OMB Circulars) into a single set of rules. The idea was to simplify, clarify and make compliance easier for Federal grant recipients and…
April 5, 2016
JMT Consulting Group Kicks Off INNOVATE 2016April 5, 2016 – ORLANDO, FLORIDA— After months of planning, JMT Consulting Group is excited to formally declare that INNOVATE 2016 is now underway! This annual education and training conference is specifically tailored for nonprofit financial professionals of all levels to provide technical product training, financial management best practices and the latest technology innovations for nonprofit…
March 31, 2016
Nonprofit Impact and Efficiency Through Innovative Performance Management: 3 Important Reasons for your Nonprofit to Demonstrate Impact.By Thilo Bracken, Performance Management Practice Manager and Director Client Success at JMT Consulting Group, a national consulting firm serving the needs of nonprofit organizations in the US. Five years ago many would agree that we need to demonstrate impact in order to engage the target population, secure funding, and validate that we serve the…
March 29, 2016
Debunking the term ‘Data-based decision making’ for NonprofitsThe phrase “data-based decision making” has woven its way through seemingly every industry and every functional area within, and nonprofit organizations are no exception. A standard leadership response to the inquiry about whether or not the organization bases its decisions on solid, proven data is almost universally affirmative. What many leaders consider appropriate data upon which to…
March 24, 2016
JMT Congratulates Clients Awarded NYN Media Front-Line HeroesBy Sam Murphy, JMT Marketing Associate JMT Consulting Group would like to congratulate several of its client organizations on nurturing some of New York Nonprofit Media’s new Frontline Heroes. This is an exciting achievement for the individuals in these organizations, as they have exhibited the traits of the “Front-Line Hero”: commitment, leadership, innovation–true behind-the-scenes human service practitioners. In…
March 23, 2016
Nonprofits, use your Budget process as a Crystal BallBy Jacqueline Tiso, CEO & Founder of JMT Consulting, a national consulting firm serving the needs of non-profit organizations in the United States. I had the pleasure of having lunch recently with a number of Nonprofit CFOs and finance staff where the topic of budgeting came up. Specifically, the discussion centered on the tools everyone…
February 12, 2016
Celebrating 25 Years of Service to NonprofitsThis is a very special week for me as it marks JMT’s 25th year. I can actually remember as if it was yesterday how it all started. It was September, 1990 and I was sitting at home enjoying being an at-home mom when I got a call from one of the nonprofits I had worked…
February 1, 2016
How JMT Helps NonprofitsAt a recent conference, JMT’s own Andy Harleman was interviewed on a variety of topics including how JMT helps nonprofit organizations with fund accounting software for the finance department, donor management and fundraising solutions for the development team as well as a variety of other tools and services designed to help organizations manage and maximize…
January 22, 2016
Board Fiduciary ResponsibilityAll nonprofit board members have a fiduciary responsibility to diligently oversee the financial operations of the nonprofits they govern. Failure to receive timely, accurate information from the organization’s finance team can prevent the board and the finance committee from successfully executing on this responsibility, possibly creating disastrous consequences for the board when there is financial…
January 15, 2016
True Fund Accounting and Why MIP MattersWhat makes accounting software “nonprofit accounting software” and are they all the same? Many of us can get terribly confused when researching accounting software for nonprofit organizations. Some solutions in the marketplace state that a product is “built for nonprofits” and there are others that claim to “work well for nonprofits”. How are we…
