What Your Organization Can Do Today to Prepare for the Top 3 Challenges of 2023 

Reading Time: 4 minutes By Neil Taurins, General Manager of MIP Fund Accounting   With the new year in full steam, your organization may already be chipping away at its goals for the year. With common challenges like economic uncertainty, staffing, tech stack considerations, and others facing your organization, we’ve identified these top trends, challenges and recommendations for accounting and…

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Meet MIP People and Streamline Your HR and Payroll Needs 

Reading Time: 3 minutes Have you considered using an accounting solution with integrated HR and Payroll capabilities, so your organization can benefit from increased efficiency and staff satisfaction?    Research from the American Payroll Association estimates that companies who have automated their payroll processes have reduced payroll costs by as much as 80%. A significant portion of the reduced costs results…

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MIP Fund Accounting Wins TrustRadius Award  

Reading Time: 2 minutes Solution named Summer’s Best for Feature Set and Relationship    MIP Fund Accounting®, part of Community Brands, the leading provider of cloud-based software and payment solutions for associations, nonprofits, and K-12 schools, recently added another TrustRadius award to its trophy case. Bestowed with a “Best of Summer” Award for Value, Feature Set, and Relationship in…

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How To Do Bookkeeping For Nonprofits: Keep Your Organization On Track

Reading Time: 10 minutes Table of Contents Important Nonprofit Bookkeeping Vocabulary Statements and Forms Important for Bookkeeping Nonprofit Bookkeeping Best Practices While there are some nonprofit professionals who migrate to this world of charity from a for-profit organization, they are often faced with some major differences between the two industries right off the bat. For instance, no one owns…

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4 Tips to Develop a Nonprofit Budget 

MIP_NewYear_NewBudget

Reading Time: 2 minutes You’ve set your New Year’s resolutions, but what about setting resolutions for your organization’s budget? Use these four tips to ensure your nonprofit is doing everything it can around budget development.

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How to Simplify Urgent Care Centers HR Systems

How to simplify urgent care centers HR systems

Reading Time: 4 minutes Every industry relies on its human resources department to implement seamless workflows to help strengthen and support its workforce. In the healthcare industry, the role of HR is even more crucial as it coordinates and manages valuable employees, implements policies, ensures compliance and even handles matters pertaining to patient welfare and satisfaction. The complexities of…

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Top Digital Transformation Trends in Private Schools

digital transformation trends in private schools

Reading Time: 4 minutes In recent years, we’ve seen major digital transformations across almost every industry. In the education industry, technological advancement has changed the way students interact with peers and teachers. As more schoolwork transitions to web-based platforms, the education industry is becoming increasingly dependent on online learning, making digital transformation even more prevalent. Continue reading to see…

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Ready to Auld Lang Syne Your 2021 Finances? 5 Must-Have Elements for EOY Reports

Closing the Books on 2021

Reading Time: 3 minutes Should auld financial figures be forgotten, and never brought to mind? Should auld financial figures be forgotten, and Auld Lang Syne? No! Financial reporting is not ‘times long past’ – your organization should always leverage and gather insight from each year’s financial statistics. When it comes time to create your end-of-year (EOY) reports, remember, these figures will serve as a roadmap to growth, funding, and mission delivery in the upcoming year.   Effectively…

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4 Ways to Detect and Prevent Fraud in Charities

4 ways to detect and prevent fraud in charities

Reading Time: 5 minutes Charities and nonprofit organizations are beneficial to society in many ways. Promoting generosity and inspiring people to volunteer their time to help worthy causes are just some of the elements that can bring a community together. However, it’s essential to be proactive about detecting and preventing fraud in nonprofit organizations. Many people don’t think of charities…

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What to Look for in a University HR Software

Reading Time: 4 minutes A human resources information system is an electronic database that tracks employee data, pay rates, job descriptions, benefits packages and other information. This tool is crucial for processing large amounts of data with high accuracy, reducing costs, improving reporting quality and promoting efficient decision-making. Having this kind of technology available can create more free time for…

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