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Best Practices for Nonprofits Selecting Accounting Software

Romy Andrews – Monday, September 25, 2017

by Gary Volland, The Resource Group

Best-Practices-for-Nonprofits-Selecting-Accounting-Software

Nonprofits have unique needs when it comes to accounting. From fund accounting to grant administration, program management to compliance reporting – nonprofit organizations often rely heavily on software to achieve their mission. So how do you know when it’s time to select a new accounting software solution for your organization?

 

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3 Pricing Factors for BI360 Cloud

Romy Andrews – Wednesday, September 06, 2017

by Saeward Schillaci, The Resource Group

3-Pricing-Factors-for-BI360-Cloud

Solver’s BI360 Cloud is a Corporate Performance Management (CPM) solution that provides mid-market businesses with budgeting, reporting, data warehouse, and dashboard functionality. BI360 is a popular business intelligence solution that uses the Excel interface and has historically been sold as on-premises software, with the option of subscribing to a web portal. However, as the market continues to shift more and more towards cloud-based financial software, Solver has recently released BI360 Cloud as a true cloud-based solution, in addition to continuing to offer BI360 as an on-premises option. 

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6 Characteristics that Customer Reviews Reveal about BI360

Romy Andrews – Wednesday, August 09, 2017

by Saeward Schillaci, The Resource Group

6-Characteristics-that-Customer-Reviews-Reveal-about-BI360

If you’re interested in a mid-market Corporate Performance Management (CPM) solution, Solver’s BI360 is a popular option that integrates with a variety of enterprise resource planning (ERP) and financial accounting platforms, including Microsoft Dynamics GP and Sage Intacct.

Like many CPM solutions, BI360 has three key components to improve business decision-making and efficiency: reporting, budgeting, and dashboards. The data necessary for these three functions is collected from all types of software and all aspects of your business through BI360’s data warehouse. For more information about the basic structure and functionality of BI360, check out this blog comparing BI360 to Microsoft’s Management Reporter.

 

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How Intacct Stacks Up Against 5 Cloud-based Competitors

Romy Andrews – Wednesday, July 12, 2017

by Saeward Schillaci, The Resource Group

How-Intacct-Stacks-Up-Against-5-Cloud-based-Competitors

If you've ever spent more than a few minutes looking at reviews of restaurants, you know that a simple numerical rating system doesn't give a potential customer all the information they need. A Thai restaurant in your area might have 5-star reviews, but you could end up choosing to eat at a 4-star burger joint instead. There are lots of factors to making a dining decision, including location, price, type of food, ambience, speed of service, and preferences of friends. Plus, once you've thought everything over, you might still end up making your restaurant choice based on a whim rather than objective characteristics.

Of course, comparing different accounting software is much more complicated than picking whichever restaurant has the highest reviews. A software buyer needs to consider what type of solution would work best for their company, including major factors such as whether to use a cloud-based or an on-premises model, whether vertical market software or horizontal market software would better suit the company's needs, and the current size of the business as well as any planned future growth. With all of this in mind, this article focuses on describing the differences and similarities between Intacct and five other cloud-based competitors, all of which are horizontal market focused and intended for small and medium-sized businesses (SMBs).

Alright, here's an apples and bananas comparison of Intacct and five other popular cloud-based accounting solutions, followed by in-depth descriptions of each:

 

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Find the ROM (Return on Mission) for Nonprofits

Kim Anselmo – Friday, June 09, 2017

Find the Return on Mission for Nonprofits

For most nonprofit organizations when it comes to finance, the focus has traditionally been to minimize overhead costs. Unfortunately, the area that suffers the most is investment in systems. Debits and credits used to be the only focus, but now most nonprofits have corporate cards, shifting the conversations to expense management. This becomes a barrier for nonprofits as they often have more complete reporting needs.

 

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