Category: "Technology"

How to Tell Your Nonprofit’s Story
February 6, 2018
How to Tell Your Nonprofit’s Story

How do you measure the success and impact of your nonprofit’s mission? Similarly, how do your donors—be they individual, foundations, or corporate—know if their donations are impacting the work of your nonprofit through its mission? Many nonprofits gauge their impact through statistics such as the number of people served, families fed or housed, or the…

From Servers to SaaS: Your Nonprofit’s Journey to the Cloud
January 30, 2018
From Servers to SaaS: Your Nonprofit’s Journey to the Cloud

At some point in your technology journey, you’ll have to decide whether to step up your investment in servers and other infrastructure upgrades—or seek a more cost-effective option. For many businesses and nonprofits, costs related to IT infrastructure, personnel, outside services, and other expenses necessary to keep your critical applications running can consume up to…

Cloud vs. Traditional Fund Accounting Software: Comparing the True Costs
January 17, 2018
Cloud vs. Traditional Fund Accounting Software: Comparing the True Costs

In 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…

Top 5 Myths about Fund Accounting in the Cloud
January 15, 2018
Top 5 Myths about Fund Accounting in the Cloud

In 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…

Nonprofits in the Cloud: It’s More than Cost Savings
January 5, 2018
Nonprofits in the Cloud: It’s More than Cost Savings

Moving 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…

Communication Service for the Deaf; A Sage Intacct Success Story
October 2, 2017
Communication Service for the Deaf; A Sage Intacct Success Story

Communication 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…

Nonprofit IT: How to Get Your Finance Department to the Cloud
August 15, 2017
Nonprofit IT: How to Get Your Finance Department to the Cloud

If 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…

Find Your Return On Mission, (ROM)
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…

How to Get Board Buy-in for a Financial Management System
May 24, 2017
How to Get Board Buy-in for a Financial Management System

You may feel like hanging on to your legacy financial management system is saving you money, when in reality, it’s costing you big time. Your outdated systems and manual processes are costing you productivity—and ultimately, time and money. You may already know the secret to saving time and freeing up resources. Maybe it’s your board…

From Managers to the Board Members: How to Show Them the Data They Want
March 30, 2017
From Managers to the Board Members: How to Show Them the Data They Want

Managing finances for a nonprofit organization means getting visibility into how your organization is achieving its mission. Program managers, CFOs, CEOs, and board members all need insight into different aspects of the financial and operational data to make the right decisions. How can you be sure every decision maker on every level is equipped with…

Why Every Nonprofit Needs Dashboards to Resolve the Visibility Issue
March 23, 2017
Why Every Nonprofit Needs Dashboards to Resolve the Visibility Issue

As a CFO of a nonprofit, you not only face unique challenges in business and finance but also experience significant pressure to prove you’re making the right decisions about your organization. Board members and stakeholders expect to see you’re making informed and successful decisions about your organization’s financial matters. More than ever, donors want transparency…

Is Your Financial Data Safe From the Storms?
March 14, 2017
Is Your Financial Data Safe From the Storms?

Is Winter Storm Stella going to be your deciding factor for finally moving to the cloud?  With this megastorm threatening much of the Northeast, your on-premise systems are in danger of being compromised.  From having redundant data to dispersed geography and backup disaster recovery  (BDR) processes, cloud computing protects organizations of all sizes from a…

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