Posts Tagged: "cloud solutions for nonprofits"

January 7, 2025
JMT Consulting + Sage Intacct: Forging a Smarter Financial Path for United WayJMT Consulting + Sage Intacct: Forging a Smarter Financial Path for United Way For more than two decades, JMT Consulting has stood as a trusted partner for United Way organizations, offering customized financial management solutions that have transformed the way these nonprofit organizations operate and give back to their communities. With 28 United Way clients…

January 2, 2025
Accelerate your business growth with proven CFO techDiscover how Sage Intacct can empower your financial leadership and transform your business DOWNLOAD THE GUIDE Uncover the transformative potential of technology in finance with “The CFO’s guide to strategic growth.” Designed for visionary CFOs, finance leaders, and teams, this guide will elevate your strategic decision-making and propel growth through innovative tools like Sage Intacct….

November 13, 2024
Unlock the Secrets of Successful CFOsResearch Report: The secrets of successful CFOs Download the report We asked over 1,200 finance leaders to reveal their secrets to lasting impact – from leveraging Al to true work-life balance. Unlock their strategies for increased impact, true agility, and automated workflows that drive growth. “A passionate CFO doesn’t just manage finances; their energy and…

July 26, 2021
Nonprofit Passion and the Need to Digitally TransformNonprofit organizations need very strong fund accounting and grant management support I admit I am new to the technology world of nonprofits, having come from enterprise solutions in the manufacturing and supply chain world for multi-billion-dollar organizations. Though nonprofit organizations tend to be much smaller, that does not seem to make their needs for certain…

February 23, 2018
The True Costs of Nonprofit Budgeting with ExcelExcel is the go-to reporting and budgeting tool for countless finance teams, including financial planning and analysis (FP&A) professionals. In fact, there are more than one billion users worldwide—that’s about one in seven people! Excel is comfortable and familiar, but for growing nonprofits, it can be a real drag on your budgeting processes and productivity….

February 6, 2018
Outputs vs. Outcomes: What’s the Difference and Why Does It Matter?Donors want to know if their donations are impacting the work of your nonprofit through its mission. Increasingly, this means telling your story through numbers—something that nonprofits don’t always do well. Marc J. Epstein, co-author of the book, Measuring and Improving Social Impacts: A Guide for Nonprofits, Companies, and Impact Investors, says that “The need…

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…

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 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…

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 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 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…