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Romy Andrews – Monday, September 25, 2017

Resource Group Accounting Software Blog

Best Practices for Nonprofits Selecting Accounting Software

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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Kim Anselmo – Tuesday, March 07, 2017

Resource Group Accounting Software Blog

Finding the Right Accounting Software for Your Association

Focus on Your Mission, Not on IT

Focus on Your Mission vs. IT: Findng the Right Accounting Software for Your Association

Whether you're a trade association, a labor union, a professional society, or otherwise, there's nothing simple about managing the financials of a nonprofit association. The day-to-day challenges of dues collections, fundraising, budgeting, and reporting do not let up. It may seem as if you need to build a technology empire just to handle these demands.

What if there was accounting software that worked so well that it gave you clarity on your financials and left you with more time to focus on your association's mission—accounting software that left your sanity intact...?

 

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Romy Andrews – Thursday, February 02, 2017

Resource Group Accounting Software Blog

Pretty, Pretty Pictures for Nonprofits: Using Outcome Metrics to Create Understandable Results

by Saeward Schillaci, The Resource Group

Outcome-Measures-for-Nonprofits

Nonprofits today are operating under growing pressure to be accountable and transparent. In order to secure funding, an organization must demonstrate a high degree of efficiency and sustainability in achieving their mission.

Most nonprofits are happy to oblige, of course, but there are two key issues: first, how can you ensure that your nonprofit’s performance is meeting high enough standards? Second, what parameters best show the state of your organization, and how can those be displayed in a friendly, understandable format?

 

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Romy Andrews – Friday, December 30, 2016

Resource Group Accounting Software Blog

The New Financial Reporting Roadmap for Nonprofits in the New Year

The New Financial Reporting Roadmap for Nonprofits in the New Year by Saeward Schillaci, The Resource Group

If you work for a nonprofit, you probably experience certain financial headaches that are unique to your type of organization. By their very nature, nonprofits are required to have clear goals and transparent finances. A nonprofit needs accurate, understandable financial reporting to show to its boards, committees, and donors as well as to make decisions that will help accomplish the mission of the organization without wasting resources.

Of course, this is easier said than done. Many organizations find themselves spending far too many hours manually manipulating financial data in outdated spreadsheets in order to have reports that show the right information. This, in turn, can mean that getting the most up-to-date information possible can be a major headache for overworked accounting teams. Good software, and hard work are all crucial to nonprofit financial success. Chances are, you already have the "hard work" part covered; however, it's time to find the right financial software solution for your organization so you can achieve maximum success with minimum resources.

Intacct Cloud ERP for Nonprofits

 

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Kim Anselmo – Wednesday, August 31, 2016

Resource Group Accounting Software Blog

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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2019 Accounting Software & Financial Management Buyer's Guide

2019 Accounting Software & Financial Management Buyer's Guide

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