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Kim Anselmo – Thursday, November 10, 2016

Accounting Software: Care & Feeding for Nonprofits

Nonprofit Accounting Software: Care & Feeding

This is the seventh and final post in our blog series: Best Practices for Selecting Nonprofit Accounting Software

The typical accounting software lifecycle is 5-10 years for nonprofits, so you’re looking at a long-term investment. Keeping your new accounting software viable is achieved by implementing upgrades and proactive maintenance.

You just need to plan for it: all vendors have different schedules, with some offering major upgrades every year, quarter and some releasing new service packs every month. All of the above is greatly simplified with cloud accounting software.

Below are additional guidelines to ensure that you get the most out of your nonprofit accounting software so that you can instead focus more of your energies towards achieving your mission.

 

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Kim Anselmo – Tuesday, October 18, 2016

Accounting Software Implementation: Tips and Tricks for Nonprofits

Accounting Software Implementation: Tips and Tricks for Resource Group

This is the sixth post in our blog series: Best Practices for Selecting Nonprofit Accounting Software

Congratulations! You've decided upon the right accounting software for your nonprofit, gotten approval from your board and signed on the dotted line. This is truly an accomplishment, but now is when the rubber hits the road – it's time for implementation.

This journey can last anywhere from 3 weeks to 9-12+ months depending on the size of your nonprofit and degree of complexity. This blog post will help ensure a smooth implementation of your new accounting software.

 

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Kim Anselmo – Wednesday, August 31, 2016

Is Your Nonprofit Ready for ASC 606?

Is Your Nonprofit Ready for ASC 606?

If you're confused about Accounting Standards Codification (ASC) 606: Revenue from Contracts with Customers, you're not alone.

The effective date of the new revenue standard has been deferred until December 15, 2017 for non-public entities, but that still doesn't leave nonprofits with much time to prepare.

Here's some background and what we recommend.

 

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Kim Anselmo – Sunday, August 21, 2016

Orchestrating Successful Nonprofit Accounting Software Demos

Nonprofit Accounting Software DemoThis is the fifth post in our blog series: Best Practices for Selecting Nonprofit Accounting Software

In order for you and your team to make a final decision on which nonprofit accounting software is right for your organization, we recommend that you have your short list of accounting software providers come in and demo their proposed system.

Most nonprofits don't really think about how to get the most out of these demos. Many just let the presenter perform their standard dog-and-pony show, invite half their organization to attend and then struggle to determine which presenter is the best fit for them. Often, some of the attendees really like one presenter more because of their personality than substance, where the best fit software may have been presented by someone not as strong in presenting.  

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Kim Anselmo – Monday, August 15, 2016

How to Evaluate Nonprofit Accounting Software Proposals

How to Evaluate Nonprofit Accounting Software ProposalsThis is the fourth post in our blog series: Best Practices for Selecting Nonprofit Accounting Software

Once you've identified your final nonprofit accounting software candidates from vendors and partners, you'll next need to evaluate their proposals.

Considering that the effort is like comparing apples to oranges, here's how to effectively compare so you can choose wisely by leveling the playing field. 

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2019 Accounting Software & Financial Management Buyer's Guide

2019 Accounting Software & Financial Management Buyer's Guide

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