Category: "Budgeting and Planning"
January 17, 2018
Cloud vs. Traditional Fund Accounting Software: Comparing the True CostsIn the good old days, comparing the cost between different financial management solutions was fairly straightforward. They were built on similar technology platforms and were going to be deployed in roughly the same fashion. The only considerations were subtle differences in system requirements and pricing. The advent of subscription-based (SaaS) cloud applications for fund accounting…
October 3, 2017
Using Sage Intacct for Multiple Budget ReportingBeing able to comply with FASB and funder guidelines for compliance reporting is a requirement for every nonprofit organization. To truly realize your nonprofit’s potential, you need the ability to plan, forecast, and deliver meaningful insight to the leaders of your organization. In this post, I’ll discuss, reporting strategies and tools every Intacct user can…
March 16, 2017
Why Your Nonprofit Needs to Measure KPIs (and How to Get Started)When working with nonprofit organizations, I see the same common financial management challenges time and again: lack of visibility, data pulled from too many sources without integration, disparate types of data, and extensive use of manual processes like spreadsheets to analyze, track, and report. Does any of this sound familiar in your organization? Because of…
March 3, 2017
Why Your Grant Management isn’t Working (and How to Fix it)A special breed of nonprofits, Community Action Agencies are the primary source of direct support for the more the 34.5 million people living in poverty in the United States. Community Action Agencies and Head Start Programs serve more than 16 million individuals and more than 3 million families every year. While exhibiting at the Annual…
February 9, 2017
How to Plan for Better Nonprofit Financial Management in 2017While 2016 might be over, 2017 is off to a fast start. It’s important for financial managers to have the right planning in place for their nonprofits in the new year. Between reports and taxes and grants and compliance, things can get lost in the mix. Don’t fear getting lost in the chaos—we put together…
November 11, 2016
3 Important Reasons Nonprofits Need to Switch from QuickbooksNonprofits, it’s time to make the switch from Quickbooks for your financial management systems. While Quickbooks may seem like an obvious answer for nonprofits, it is not the solution you need. At JMT, we have worked with over 1,000 nonprofit organizations during the last 22 years to systematically evaluate their financial reporting and operational requirements and identify…
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 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…
