From the category archives:

Budget Planning

Silverware in a pocketThis month we are proud to feature JMT’s Executive Seminar Series topic “A CFO’s Guide to Evaluating Nonprofit Financial Systems”. 

At JMT, we are dedicated to helping our nonprofit clients advance their mission through optimized systems and processes.  In some cases this involves identifying appropriate financial management software if the systems you have in place are not adequate.  Given that most nonprofit organizations tend to keep the same accounting software in place for seven years or longer, getting educated and making an informed, deliberate decision on new software may seem daunting.

Recognizing this, JMT is offering a live Executive Seminar series in cities across the country this month (March 26-28).  Over a free gourmet lunch, our consultants will help CFO’s and other senior finance staff to understand key issues related to nonprofit financial software evaluation including:

  • Distinguishing features from requirements and priorities
  • Establishing a credible financial rationale for the project
  • Factors to consider when comparing potential solutions
  • The technology landscape, including the Cloud, hosting and other infrastructure factors

As part of this seminar, we will be comparing the merits of two widely-used financial management systems, Intacct and Sage 100 Fund Accounting (MIP), to illustrate the issues discussed above. 

Whether you have an immediate need or are looking ahead to a project in 2014 or beyond, you can expect to walk way better equipped to manage a successful transition for your organization.

 

If you use Sage MIP Fund Accounting and you’re in the Boston area, mark your calendar and join us November 15 from 9:00 – 11:00 for a User Group Meeting.

Learn how the Advanced Financial Reporting Capabilities of Sage Fund Accounting can help you:

  • Master the tools within MIP to build reports and learn how to communicate effectively
  • Use the budget module to track the evolution of your budget and forecast future performance
  • Use formatting and report groups to summarize or aggregate data to meet the unique requirements of internal and external audiences

User Group Meeting Details

  • Boston User Group Meeting
  • Tuesday, November 15, 2011
  • 9:00 – 11:00 am
  • Location:  Year Up, 133 Federal Street, 11th Floor, Boston, MA 02110

Register here.

These informal meetings provide the opportunity for each software user to meet other software users in their area, and to share ideas about nonprofit practice and product functionality.

We promote an open forum – so bring your questions and share with others in an informal setting.

 

 

 

JMT Consulting Group announced today a special Solution Spotlight track for nonprofit organizations attending JMT’s annual conference INNOVATE 2011.

One of the Solution Spotlight sessions will be “Saving Money for Nonprofits Through Hosted Solutions” and will be presented by Stanley Kania, CEO of Software Link, Inc.  In addition to the insights shared at the session, INNOVATE attendees have the opportunity to access Sage MIP Fund Accounting in a hosted environment during the conference.

“Software Link and JMT will offer INNOVATE attendees a chance to work with hosted software while at the conference,” explains JMT Consulting Group CEO and Founder Jacqueline M. Tiso.  “The software used during the Sage MIP Fund Accounting training sessions at INNOVATE will be hosted and available for attendees to access via their laptops.”

The INNOVATE Solution Spotlight track includes:

The 7th annual INNOVATE conference will be at Mohegan Sun in Connecticut April 27-28. INNOVATE  is a two-day conference for nonprofit and public sector organizations interested in improving their working knowledge of popular software Sage MIP Fund Accounting and Sage Fundraising 50.

Ever wish you could cut through the grunt work, number-crunching and duplicate files that come with every budget cycle?

You are not alone.

With Sage Active Planner time wasted on reconciling numbers on spreadsheets can be eliminated giving you time for the more important strategic analysis of the data.

As you are closing in on the end of the budget process, are you and your team frustrated by the constant deluge of multiple versions of spreadsheet workbooks?  Save your sanity and avoid crashing email!

Please join us April 12 3:00 – 4:00e for a webcast on Sage Active Planner.  The event is free and online.  You may register here.

“Sage Active Planner is well-suited to the iterative nature of a nonprofit’s planning process.  By eliminating IT involvement and extensive user training, we’ve reduced our annual budget cycle by almost a month.”

Sage Active Planner will transform your budget nightmare into a truly collaborative budgeting and planning process.  With shorter planning cycles and time to focus on continuous performance improvement, you’ll help your organization realize its strategic goals.  For more information click here.