Category: "Trends"
March 22, 2022
How to Combat Rising Wages Without Breaking the BankFor employers used to having the upper hand in the last 40 years, the Great Resignation is demanding a rethinking of employee relations. For the foreseeable future, power rests with workers, and wages are therefore starting to rise throughout the economy. To put it in perspective, Warehouse club Costco has boosted pay to a minimum…
November 9, 2021
5 Financial Best Practices for Nonprofits#1: Find a Trusted Financial Advisor #2: Go Paperless The benefits of going paperless span from saving the environment to streamlining processes and saving costs throughout the organization. Paper drives manual processes and inefficiencies which sap energy and funds. Going paperless, from invoicing to bill payments to full-blown accounting in the cloud, helps nonprofits to…
October 28, 2021
JMT Consulting and Vena as Life Saving ToolsTools to Navigate a Nonprofit Budget Process In the past few years, we, as a whole, have learned that there’s no excuse for working with outdated technology, especially when it comes to the process of budgeting. When we talk with nonprofits about their budget process, it’s usually accompanied by moans and groans about what an…
August 5, 2021
Promoting Diversity and Inclusion in NonprofitsDiversity and inclusion are specifically important concepts in the nonprofit sector because nonprofits are created to serve the community, made up of people from different backgrounds including different races, ages, genders, and abilities.
July 27, 2021
Attributes of Grant-Winning CharitiesGrants are usually awarded because the charity presents a set of intangible reasons that helped convince the foundation staff and board to make the commitment How often do we find ourselves feeling more than a touch of envy when we hear of another charity – much like our own – winning a grant? Followed by…
July 22, 2021
Can Nonprofits Make Money?In order to function and truly be successful at reaching its goals, a nonprofit must conduct itself as a business, and yes, that means making money It’s a common misconception that nonprofits must end their fiscal year with a balance of zero dollars, or close to it, in order to make their mission successful and…
May 17, 2021
Nonprofits & Cybersecurity: The Rising Risk of AttackCybersecurity is becoming a serious issue for nonprofits. Learn why everyone is at risk and how to put effective defenses in place before it’s too late. Nonprofits and Cybersecurity: Why Mission-Driven Organizations are at Increased Risk of Attack Nonprofits are not immune to cyber attacks. On the contrary, they are at greater risk than ever…
April 29, 2021
3 Essential Technologies Every Nonprofit Finance Department Needs in 2021Is Your Nonprofit Evolving as Technology Evolves? Technology is constantly evolving — and so is your nonprofit and the roles within it. Do you feel confident that your nonprofit is set up in a way that allows it to evolve with a changing technological landscape while still keeping its mission top of mind? If you…
March 3, 2021
2021 Nonprofit Technology Trends ReportThe report shares the results of over 500 nonprofit finance leaders who participated in the survey. Hot off the press is the 2021 Nonprofit Technology Trends Report. Available in the report are the survey results around the topics of funding and donors; programs and services; communication and constituent engagement; market trends; technology; and accounting and…
July 20, 2017
The #GivingTuesday Campaign Planning Timeline for NonprofitsExcited about launching a #GivingTuesday campaign for your nonprofit but don’t really know where to start? We speak with a lot of nonprofit organizations who have good intentions for #GivingTuesday campaigns but don’t see the outcomes they’d hoped for, largely due to lack of planning. Last year, #GivingTuesday campaigns raised $168 million online in addition…
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…
March 3, 2015
Fairly Comparing the Cost of Cloud Applications to Traditional SoftwareAs a nonprofit, comparing a subscription-based (SaaS) cloud application for finance or donor management to similar traditional installed client/server application can be confusing. It is easy, but misleading, to focus on licensing alone as the basis of comparison. In fact, this is not an apples-to-apples comparison since many of the costs associated with applications installed…
