Posts Tagged: "fund accounting"
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…
December 11, 2020
What’s New in MIP Fund Accounting v2020.3The MIP Fund Accounting v2020.3 release will go live on December 14, 2020. This release contains high-quality updates such as reporting enhancements, defect fixes, new tools to provide feedback, and more. Continue reading for more details on what is included in the MIP Fund Accounting v2020.3 release. Updates within this release include: New opportunities to provide feedback:…
August 21, 2019
Blackbaud Financial Edge versus Community Brands MIP Fund AccountingThe number of ERP solutions suitable for nonprofit accounting is growing, and making a decision on which one to go with can be tough. The following is a hard-nosed look at two platforms that have been around for decades, but have managed to keep up with market demand in an increasingly competitive landscape. Before we…
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 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 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…
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…
December 17, 2014
Follow the Yellow Brick Road to Financial ConfidenceWe all know the story of the “Wizard of Oz” and Dorothy’s journey to follow the yellow brick road in order to reach Emerald City. She chose the path of the unknown and despite all obstacles, the path took her where she needed to be. Like Dorothy’s journey, it is frightening to many nonprofits to…
July 15, 2013
Sage Nonprofit Solutions is Now AbilaAs many of you may have seen through email communications and press reports, Sage Nonprofit Solutions has completed the next step in their transition to being an independent company. The company that produces the products known as Sage 100 Fund Accounting (aka “MIP”), Sage Fundraising 50, Millennium and Sage Grant Management will now be known…
