Posts Tagged: "cloud-based financial management"
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a Nonprofit Budget Process In the past few years, we, as a whole, have learned that there’s no excuse for working with outdated technology, especially when it comes to the process of budgeting.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…
May 24, 2017
How to Get Board Buy-in for a Financial Management SystemYou 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 Your outdated systems and manual processes are costing you productivity—and ultimately, time and money.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…
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…
April 13, 2017
Save Time and Free Up Resources With Cloud-Based Financial Management SystemsIf you work for a nonprofit, odds are you’re looking for ways to save time and free up resources so that your organization can focus on its primary mission. But when it comes to financial management systems, that desire can sometimes be misguided. For instance, many nonprofit finance managers believe that hanging on to their…
March 23, 2017
Why Every Nonprofit Needs Dashboards to Resolve the Visibility IssueAs 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…
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…
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…
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…
November 17, 2016
How Nonprofits Optimize Giving Tuesday with the Right TechnologyWith bellies full and coupon clippings in hand, shoppers of America step it into high gear as soon as Thanksgiving dinner ends. There’s Black Friday, Small-Business Saturday, Cyber Monday, then (our personal favorite) Giving Tuesday. While the other days may focus on great deals for your Christmas list (while boosting the economy), Giving Tuesday isn’t…
November 3, 2016
Nonprofits Need to Choose Management Systems and Providers with CareToday’s nonprofit organizations have unique operational needs that most basic software can’t support. Choosing a management system and a software provider can be a daunting process; however, these decisions are necessary for the continued success of your nonprofit. Here are several tips for finding a cloud-based management solution that meets your needs as well as an experienced…
