February 24, 2021

3 Characteristics of a Best-In-Class ERP Solution

Identifying a business solution that is best fit to meet the needs of an organization is often a daunting task. To help simplify the search, we’ve highlighted a few characteristics to consider the next time you’re looking for a new ERP solution for your nonprofit. Three characteristics of a best-in-class cloud-based ERP include: Integration –…

Follow Us
Subscribe to Blog Updates
Top Features for Nonprofits in Sage Intacct 2021 Release 1
February 17, 2021
Top Features for Nonprofits in Sage Intacct 2021 Release 1

Available on February 19, 2021 Sage Intacct 2021 Release 1 may be one of the most exciting releases yet! In this blog, we’ll share the top new features and updates that most benefit nonprofits, including improvements in: Accounts Receivable AI and Machine Learning Reporting Consolidation If you’re looking to take full advantage of Sage Intacct…

5 Questions Nonprofits Are Asking About Revenue Recognition
February 16, 2021
5 Questions Nonprofits Are Asking About Revenue Recognition

1. What is the purpose of ASU 2018-08 and ASC 606? With ASC Topic 606, FASB seeks to bring US GAAP standards for revenue recognition into closer alignment with international standards (IRFS) so there can be greater clarity and consistency in treatment across nations, industries, and markets. ASU 2018-08 improves and clarifies the scope and…

Net Promoter Score: What It Is and How It Can Improve Your Sage Intacct Experience
January 29, 2021
Net Promoter Score: What It Is and How It Can Improve Your Sage Intacct Experience

On an annual basis, our valued Sage Intacct clients can expect to be asked to participate in a NPS survey administered by a third party on behalf of the publisher. NPS stands for Net Promoter Score and it has become a standard key performance indicator of customer loyalty and success for businesses since 2003. SaaS…

Nonprofit Grants Tracking & Billing Made Easy with Sage Intacct
January 26, 2021
Nonprofit Grants Tracking & Billing Made Easy with Sage Intacct

If your nonprofit manages several grants or relies on grants for a majority of your funding, you should consider implementing a modern grant management solution to make sure you are operating at maximum efficiency and compliancy. Continue reading to learn about a solution we have vetted and found best suits the grant management needs of…

Is Your Accounting Software Impeding Mission Fulfillment?
January 19, 2021
Is Your Accounting Software Impeding Mission Fulfillment?

Is Your Accounting Software Impeding Mission Fulfillment? Whether extraordinary (such as changes necessitated by the pandemic) or routine (managing projects according to the requirements of the grant, responding to constituents or donor, or preparing for a board meeting) – today’s demands mean that your systems must be as agile as you are. In nonprofit accounting,…

Interactive Custom Report Writer Delivers Fast, Real-Time Advanced Reporting
January 13, 2021
Interactive Custom Report Writer Delivers Fast, Real-Time Advanced Reporting

When Interactive Custom Report Writer (ICRW) from Sage Intacct was announced, every ICRW session at Advantage was sold out. This wasn’t surprising. This powerful tool in the hands of your financial accounting reporting expert will deliver incredible results. What is Interactive Custom Report Writer? Sage Intacct ICRW is a modern, visual reporting tool that delivers…

5 Tips to Make Financial Forecasting More Efficient with AvidXchange
January 11, 2021
5 Tips to Make Financial Forecasting More Efficient with AvidXchange

The information in this post was originally shared by Terry Gren (Sr. Channel Manager, AvidXchange) in the on-demand video, 5 Tips to Make Financial Forecasting More Efficient with AvidXchange. A JMT Consulting software solution partner, AvidXchange is an AP automation tool for nonprofits that want to streamline their AP process, improve workflow, increase visibility, optimize…

10 Ways You’ll Benefit from Sage Intacct Budgeting and Planning
December 15, 2020
10 Ways You’ll Benefit from Sage Intacct Budgeting and Planning

This post was published as part of our guest blog series by our software partner, Sage Intacct, the fastest-growing, most robust nonprofit financial management solution available. The need for control over the budget has never been greater. Equally critical today is the need to quickly adjust plans with minimal confusion. If you’re struggling with Excel…

What’s New in MIP Fund Accounting v2020.3
December 11, 2020
What’s New in MIP Fund Accounting v2020.3

The MIP Fund Accounting v2020.3 release will go live on December 14, 2020. This release contains high-quality updates such as reporting enhancements, defect fixes, new tools to provide feedback, and more. Continue reading for more details on what is included in the MIP Fund Accounting v2020.3 release. Updates within this release include: New opportunities to provide feedback:…

To Boldly Go: How AI Will Revolutionize Nonprofit Financial Management
December 7, 2020
To Boldly Go: How AI Will Revolutionize Nonprofit Financial Management

This blog post was written by Sage Director of Industry Marketing Nonprofit, Joan Benson, and originally appeared on the Sage Intacct blog. Nonprofit organizations are frequently adjusting their goals and priorities to meet changing societal and financial trends. Working with small budgets and lean staffing, nonprofits often don’t have the resources needed to truly innovate…

2020 #GivingTuesday Client Highlight
December 1, 2020
2020 #GivingTuesday Client Highlight

JMT Consulting was founded almost 30 years ago with one simple goal – to help nonprofits achieve their missions. We are immeasurably thankful for each nonprofit we have had the opportunity to serve over the years and even more thankful to bear witness to the impacts each has had in the communities they serve. This…

4 Top Features for Nonprofits in Sage Intacct 2020 Release 4
November 23, 2020
4 Top Features for Nonprofits in Sage Intacct 2020 Release 4

Sage Intacct 2020 Release 4 went live on November 15, 2020 and includes a number of features and enhancements to ensure users can work smarter and more efficiently than ever. In this blog, we’ll share the top four release features that most benefit nonprofits: Changes to the 1099 Form NEC  Updates to the Purchasing Allocation function The brand-new Receive a…

How Nonprofit Finance Leaders Can Support Agile Program Planning
November 17, 2020
How Nonprofit Finance Leaders Can Support Agile Program Planning

This post was written by our software partner, Vena Solutions, and originally published on the Vena Solutions blog. Powered by certified planning experts, Vena’s FP&A interface pairs the best parts of Excel and the ability of a full finance-led planning solution so you can streamline your workflows without upending your processes. Looking to level up…

When to Consider Moving Your Nonprofit to a Cloud ERP Platform
October 1, 2020
When to Consider Moving Your Nonprofit to a Cloud ERP Platform

Nonprofits are struggling to adapt to the COVID-19 pandemic, just like everyone else. But they have arguably had it worse than other organizations for several reasons. First, during an economic downturn, charitable donations tend to slow down. Nonprofits with reliable funding sources in normal times are having to make do with limited, sometimes shoestring financial…

Protect with Tech: The Importance of Investing in Secure, Modern Technology at Nonprofits
September 23, 2020
Protect with Tech: The Importance of Investing in Secure, Modern Technology at Nonprofits

This post contains the full text transcript of an interview conducted by Paul Clolery (Editor-in-Chief, The NonProfit Times) featuring nonprofit experts Jacqueline Tiso (Founder & CEO, JMT Consulting) and Emily Sachs (Nonprofit Executive & Consultant, Sachs Associates). Read along as they discuss the rising data security risks and other challenges facing organizations in times of…

Nonprofit CFOs Agree – Cloud Financials Key in Running a Nonprofit Today
September 8, 2020
Nonprofit CFOs Agree – Cloud Financials Key in Running a Nonprofit Today

This post was published as part of our guest blog series by our software partner, Sage Intacct, the fastest-growing, most robust nonprofit financial management solution available. In the mission-driven nonprofit world, accounting and financial management can sometimes slip down the priority list. It’s not always easy to allocate budget dollars to back office infrastructure that…