Posts by MIP Team
Optimizing Workflows Around Procurement & Integrated Accounts Payable
Reading Time: 4 minutesNonprofit organizations like yours can use accounts payable automation technology to manage financial transactions. Though many accounting solutions include accounts payable functions, they tend to lack the ability to control complex accounts payable procedures. With accounts payable software, your organization can reduce manual tasks and eliminate human error. Along with providing dashboards and analytics, the…
Read MoreGenerating Revenue for K-12 Schools
Reading Time: 5 minutesK-12 schools across the country face many challenges, one of the most pressing being funding. With tight budgets and limited resources, schools often struggle to provide the education and services that students need. Fortunately, several creative ways can generate revenue for K-12 schools to help boost funding and improve the educational experience for students. How…
Read MoreHow Fund Accounting Can Support Your Board
Reading Time: 6 minutesEffective board governance is crucial for the success and sustainability of nonprofit organizations. One key aspect of board governance is financial oversight and stewardship. Fund accounting, a specialized approach to financial management, can play a significant role in supporting and empowering nonprofit boards in their governance responsibilities. What a Board Should Know About Finances When it…
Read MoreWhat to Look for in Nonprofit Accounting Software
Reading Time: 4 minutesNonprofits have unique financial responsibilities and compliance standards. Accurate and systematic accounting is necessary for organizations to grow and keep operations running. Unlike businesses that focus on maintaining profitability, nonprofits need fund accounting software that centers around accurate recordkeeping and financial organization. When exploring different accounting software options for a nonprofit organization, there are some…
Read MorePayroll Integration With Accounting Software
Reading Time: 5 minutesEfficient management of payroll processes is crucial for organizations of all sizes. Traditionally, payroll and accounting tasks have been handled separately, leading to potential inefficiencies, errors, and time-consuming manual work. However, with the advent of technology, integrating payroll systems with accounting software has emerged as a game-changer, offering significant benefits and streamlining operations. Below, we…
Read MoreMIP Accounting Honored by Annual TrustRadius Top Rated Awards
Reading Time: 2 minutesOur leading fund accounting solution wins 10 Top Rated awards, including a first place ranking in Nonprofit Accounting MIP Accounting by Momentive Software today announced it has been recognized by the 2023 TrustRadius Awards as a Top Rated product in 10 award categories. They ranked first in Nonprofit Accounting and as Top Rated in the…
Read MoreGrant Reporting Best Practices for Nonprofits
Reading Time: 5 minutesGrant reporting provides a way for organizations to demonstrate their impact and accountability to funders. Request a demo for grant reporting software.
Read MoreOpportunities Abound: Takeaways from the 2023 Trends and Insights Report
Reading Time: 2 minutesOpportunity is defining 2023 for nonprofits, education, and local government organizations. From capturing new market opportunities to investing in opportunities to increase efficiency, organizations are finding new ways to meet the needs of their beneficiaries, despite an uncertain economic environment.
Read MoreIdeas for a Successful Fundraising Campaign for Schools
Reading Time: 5 minutesSchools rely on fundraisers to complete various goals and provide excellent student experiences. Before planning your next campaign, exploring fundraising ideas and event options can enhance your campaign with an option that suits your school. What Can You Do With School Fundraisers? Your school fundraiser ideas can support many causes. Highlighting a specific goal or…
Read MoreEnsure Your Government Organization Is Prepared for the Future
Reading Time: 5 minutesWhen your local government wants to prepare for future needs and increase its resilience, you must implement the right strategies. Adopting new technology and methods can help your government branch better respond and react to challenges, regardless of what they entail. When you have the right resources, you can continue serving your community and meeting…
Read MoreFundraising Best Practices for Schools
Reading Time: 5 minutesSchools use fundraisers to help build budgets for essential facilities and programs, from renovations to arts initiatives. As you begin planning your next campaign, knowing the school fundraising best practices can help your institution streamline and maximize efforts and donations. Participate in the Season of Giving The giving season starts at the end of the…
Read MoreWhy Nonprofits Have Struggled With Change and How to Adapt to Shifting Needs
Reading Time: 4 minutesRunning a successful nonprofit organization can be a challenge in the best of times. When circumstances are less than ideal, many nonprofits struggle to adapt to changes. They often find themselves facing new challenges both in terms of meeting the needs of the groups they serve and in their own survival. A 2022 report from…
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