[Preview] Nonprofit Best Practices: Cloud Financials
January 29, 2011 | By Tom Thornton
Chief Operating Officer, JMT Consulting
Tom brings over 15 years of experience with software solutions for not-for-profit and public sector organizations as part of Micro Information Products, Sage and nFocus Software. Tom’s extensive industry and operational experience allow him to guide the overall execution of all aspects of JMT’s business including Marketing, Sales, Delivery and Support. In addition to his experience in professional services, sales, and business development with software solutions, Tom was Director of Product Management for Sage Software, where he was responsible for new product development for all of their nonprofit accounting and fundraising solutions. Under Thornton’s leadership, Sage MIP Fund Accounting received three consecutive Campbell Awards recognizing MIP’s extremely high user satisfaction.
February 23, 2018The True Costs of Nonprofit Budgeting with Excel
Excel is the go-to reporting and budgeting tool for countless finance teams, including financial planning and analysis (FP&A) professionals. In fact, there are more than one billion users worldwide—that’s about one in seven people! Excel is comfortable and familiar, but for growing nonprofits, it can be a real drag on your budgeting processes and productivity….
February 22, 2018How Can Nonprofits Measure Success and Impact?
How do you know if your nonprofit is making an impact—if your mission is a success? The answer to this question affects everything about your organization, from day-to-day operations to the success of your fundraising efforts. The National Council of Nonprofits alludes to five actions: Identify what success looks like to you. Make a plan…
May 21, 20187 Steps to Nonprofit Risk Management
Nonprofits face risk on all sides. In a March 2016 report, Oliver Wyman and SeaChange Capital Partners list some of the difficult conditions under which nonprofits must operate. Among these are: Tackling society’s hardest problems Limited funding Increasing costs for services Recruiting and retention Ever-changing operating environment These experts conclude, “It is no surprise that…
September 8, 2020Nonprofit 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…