Posts by Eric Oliver
Supercharge Nonprofit Financial Reporting
Reading Time: 2 minutes MIP Fund Accounting’s reporting module increases efficiency and decreases manual work. DrillPoint Reports lets organizations drill-down into data.
Read MoreMIP Fund Accounting Wins TrustRadius’ 2024 Most Loved Award
Reading Time: 2 minutes We’re feeling the love at MIP Fund Accounting® because we’ve been recognized as one of TrustRadius’ top 101 Most Loved Software Solutions for 2024. February 13, 2024 — Today, TrustRadius announced the winners of its 2024 Most Loved Awards, selecting MIP Fund Accounting, a best-in-class fund accounting solution for nonprofits, among its winners. TrustRadius analyzed…
Read MoreMaximizing Your “Use It or Lose It” Budget
Reading Time: 2 minutes Ensuring your department uses the allocated budget funds before the end of the fiscal year is crucial if it is “use it or lose it.” Your department may forfeit any unused funds at the end of the fiscal year, and future year budgets could be reduced due to underspending in previous years. Here are some…
Read MoreNonprofit Accounting Resolutions for a More Efficient 2024
Reading Time: < 1 minute This interview originally appeared in Accounting Today on Jan. 26, 2024. MIP Fund Accounting’s General Manager of Nonprofit Solutions Neil Taurins shared ways to combat the accounting and staff shortage by finding ways to increase efficiency. “With the new year underway, it’s a great time to consider making resolutions or re-evaluating decisions around streamlining financial processes to create…
Read MoreMake Your New Year Financial Cybersecurity Resolutions
Reading Time: < 1 minute This interview originally appeared in Small Business Currents on Dec. 20, 2023. MIP Fund Accounting’s General Manager of Nonprofit Solutions Neil Taurins shared best cybersecurity practices for nonprofits. “Nonprofits can be a target for cyberattacks, and with an influx in donations, the year-end holiday season is an active time for cyber criminals targeting access to financial data. Nonprofits…
Read MoreCreating Operational Efficiencies for Nonprofits: 3 Steps to Success
Reading Time: 2 minutes As nonprofits work to maximize funding to serve beneficiaries better and look for ways to increase efficiency, examining your organization’s technology could be the key to unlocking future success and sustainability. Research shows nonprofits use an average of six pieces of technology to accomplish operational and administrative tasks. Each piece comes with separate and complicated…
Read MoreGrant Resources for Boys & Girls Clubs
Reading Time: 4 minutes How your Club creates safe places and empowering programs to ensure all children have the opportunity for a great future varies, but securing the funding to accomplish your mission is critical. With a significant portion of grant funding, how you handle the grant lifecycle is crucial for mission success. From identifying grants to apply for,…
Read MoreThe Shortcut to an Accounting Shortage Solution
Reading Time: < 1 minute This interview originally appeared in StrategicFinance on Nov. 27, 2023. MIP Fund Accounting’s General Manager of Nonprofit Solutions Neil Taurins shared ways to solve the accounting shortage. “The accounting shortage is here and could worsen in the future with the perfect storm of an aging workforce nearing retirement age and fewer students pursuing degrees in accounting. But…
Read MoreAccounting in 2024: Artificial Intelligence, Tech Innovation and more
Reading Time: < 1 minute This interview originally appeared in Accounting Today on Nov. 24, 2023. MIP Fund Accounting’s General Manager of Nonprofit Solutions Neil Taurins shares his perspective on the trends that will define 2024. “This year was transformative. It saw the emergence of artificial intelligence tools, increased cloud technology adoption rates, innovation to address staffing issues, and so much more,” Taurins…
Read MoreTraining and Upskilling: The Benefits of Investing in Professional Development
Reading Time: 3 minutes Staff training benefits your organization’s accounting team by upskilling and retaining quality staff. Investment in employee training is crucial for organizations looking to grow and succeed. An additional benefit is that employees at organizations that provide professional development have greater job satisfaction and longevity. That makes investing in training programs important for staff retention, as…
Read More5 Benefits Of Workflow Management Systems
Reading Time: < 1 minute This interview originally appeared in The Nonprofit Times on Oct. 18, 2023. MIP Fund Accounting’s General Manager of Nonprofit Solutions Neil Taurins shares his perspective on implementing workflow management systems. “Nonprofit finance managers are turning to workflow management solutions to increase organizational efficiency, decrease repetitive workflows and re-work, and boost employee satisfaction,” Taurins shared. To read the article…
Read MoreMIP Cloud and the Future of Fund Accounting
Reading Time: 2 minutes The future of computing– and fund accounting– is in the cloud. While legacy technology can be cumbersome and expensive, cloud solutions like MIP Cloud offer easy maintenance with automatic updates, backups, and the latest cybersecurity features that keep financial data secure. MIP Cloud has several benefits over legacy systems, including: “By moving to the cloud,…
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