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:…
December 7, 2020
To Boldly Go: How AI Will Revolutionize Nonprofit Financial ManagementThis 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…
December 1, 2020
2020 #GivingTuesday Client HighlightJMT 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…
November 23, 2020
4 Top Features for Nonprofits in Sage Intacct 2020 Release 4Sage 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…
November 17, 2020
How Nonprofit Finance Leaders Can Support Agile Program PlanningThis 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…
October 1, 2020
When to Consider Moving Your Nonprofit to a Cloud ERP PlatformNonprofits 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…
September 23, 2020
Protect with Tech: The Importance of Investing in Secure, Modern Technology at NonprofitsThis 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…
September 8, 2020
Nonprofit CFOs Agree – Cloud Financials Key in Running a Nonprofit TodayThis 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…
June 22, 2020
Sisyphus Looks Inward: Nonprofit Short and Long-Term Decision Making Starts with Honest Self-AssessmentThis article is the second installment in a guest blog series by Russell C. Pomeranz, President and CEO of Claverack Advisory Group. You can click here to read part one, “Sisyphus Had It Easy: The Case for Nonprofits to Prioritize Long-Term Solutions Even When Short-Term Challenges Abound.” Upon finding out in part one of our series…
June 16, 2020
AP Auditing 101: A Guide for BeginnersEfficient nonprofit organizations pay their vendors, suppliers, utility companies, contractors, and others who provide services or goods in a timely manner. Not giving proper attention to the accounts payable process can really tie a knot in organizational plans, resulting in tense vendor relationships and audit-related headaches. As an accountant, you need to advocate for reliable and…
May 26, 2020
Two Truths and a Lie: Fundraising in a PandemicMy dear friends, colleagues, soul sisters and brothers in the Development department… I see you. You work your tails off when times are flush, and now in the middle of this pandemic and economic fallout, you’re pushing yourself to even more extreme limits. You carry the weight of the organization’s worry within you. You pore…
May 11, 2020
How Accounts Payable Automation Can Strengthen Your Business Continuity PlanThis post was published as part of our guest blog series by our software partner, AvidXchange, the industry leader in automating invoice and payment processes. With today’s reality forcing businesses to quickly implement and put their continuity plans to the test, it’s becoming clear which core processes are critical to maintaining operations. Accounts payable (AP)…
April 27, 2020
Sisyphus Had It Easy: The Case for Nonprofits to Prioritize Long-Term Solutions Even When Short-Term Challenges AboundPhilosophers would contend that Sisyphus had it rough, rolling his rock up a hill only to see it roll back before he reached the top – then doing it all again, over and over, in perpetuity. As agonizing as Sisyphus’ plight may have been, it’s nothing compared to the existential financial and mission challenges nonprofit…
April 21, 2020
The Three-Step Program to Paperless EfficiencyThis post was published as part of our guest blog series by Altec, the provider of DocLink — a robust document management and workflow solution helping businesses manage their document lifecycles from start to finish. We are excited to welcome them as a exhibitor at our annual INNOVATE 2021 conference next year, and thank them…
March 30, 2020
CancerCare – Connecting Anyone Affected by Cancer With Help and HopeThere are over 1.5 million nonprofits in America, and all of them do important work. In such a crowded field, however, some organizations have a more significant imprint than others. CancerCare is a great example. The organization celebrated its 75th anniversary in 2019. As every nonprofit knows, sustaining the mission for year after year is…
March 20, 2020
COVID-19: What Nonprofits Need to KnowThis week has been… weird. The onset of COVID-19 in the US has changed virtually every facet of our world, and it feels like it happened almost overnight. While taking care of your health, your family, and your mental health should be top priority, you are likely facing obstacles related to your nonprofit. How do…
February 18, 2020
5 Questions to Ask Before Your Nonprofit’s Next Software ImplementationIs your nonprofit scouting the arena of back-office systems in the pursuit of increased organizational efficiency and mission success? In the world of software and technology, JMT is referred to as a “Value-Added Reseller” (“VAR”) of the products we represent. As in other industries, many software publishers choose to work with a network of partners…
