Category: "Cloud Technology"
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…
January 15, 2018
Top 5 Myths about Fund Accounting in the CloudIn the mission-driven nonprofit world, fund accounting software can sometimes slip down the priority list. It’s not always easy to allocate budget dollars to back-office infrastructure that doesn’t directly support the nonprofit agenda and harder to find the time and expertise to make it all work. Some of the obstacles include: Capital investment for software…
January 5, 2018
Nonprofits in the Cloud: It’s More than Cost SavingsMoving your nonprofit financials to the cloud from an on-premises solution can significantly reduce your costs. There are other benefits you may not have considered, though—pluses that are just as beneficial as bottom-line savings. Your fund accounting becomes more efficient, compliance is easier, and you have a better view of your organization’s performance. A closer…
October 2, 2017
Communication Service for the Deaf; A Sage Intacct Success StoryCommunication Service for the Deaf (CSD) is a 501c nonprofit organization based in the United States and New Zealand, providing a plethora of services to the deaf. They recently worked with JMT Consulting Group to enhance their financial management solution by implementing Sage Intacct and Nexonia. We recently sat down with Brad Hermes, CFO and…
August 15, 2017
Nonprofit IT: How to Get Your Finance Department to the CloudIf you’re an IT Director or CIO at a nonprofit organization, you may be experiencing something that sounds a little like this: In the last few years, you have moved a lot of systems from your internal network servers. Your Development department has migrated to a cloud-based donor management system like Salesforce. Your Program people…
July 25, 2017
Find Your Return On Mission, (ROM)Nonprofit organizations face increased demands for services from their communities. But when it comes to internal needs, traditionally they have been tasked to minimize overhead costs. And unfortunately, the area that suffers the most is the investment in systems. This puts significant strain on their finance teams, as many now have corporate cards, shifting from…
May 17, 2017
How to Know When it’s Time to Ditch QuickbooksAs Nonprofits Grow, They Quickly Outgrow Quickbooks Quickbooks offers an effective introductory accounting system for new, small businesses. It’s easy to use, efficient and provides solid reports. However, as nonprofits grow, organizations invariably face new financial management challenges and they quickly find that Quickbooks isn’t a scalable solution for their accounting needs. Data entry and…
April 27, 2017
Get Accessibility Anywhere with Cloud-Based Financial ManagementMore Nonprofits are Switching to Cloud-Based Financial Management Systems The trend is clear. Cloud-based options offer benefits that include automated billing and revenue management, simplified compliance with regulations, cheaper IT support and increased efficiency for organizations. One of the most alluring assets provided by cloud-based systems, however, is the incredible mobility they provide. The mobile…
January 19, 2017
Cloud Accounting Software: Everybody’s Doing It, Should Your Nonprofit?If you’re like most nonprofits, you’re always on the lookout for the most effective ways to further your mission while being fiscally responsible. This often leads to outdated financial management systems for nonprofit organizations who choose to hang on to their legacy systems in an effort to save money. The problem is these legacy systems…
September 21, 2016
A Cloud Solution Should Provide More Value, Not Create More WorkNonprofit organizations need to remain focused on the mission, not distracted by software systems. Whether you have a strong IT team or not, a cloud-based financial management solution may provide more value and versatility than you may think. Here are three benefits for replacing inefficient software with a cloud-based solution. The technology available to nonprofit…
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…
June 10, 2015
7 Reasons to Move to Cloud Financials NOWIt’s always tempting to put off making a change for another day. But in today’s always-on business environment, you need a financial system that’s designed to work the way that you do. Don’t wait for a crisis to make your move to a cloud financial system. The time to act is now. Discover how cloud…
