Optimizing Workflows Around Procurement & Integrated Accounts Payable

optimizing efficiency and workflow

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…

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Generating Revenue for K-12 Schools

k-12 revenue

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…

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How Fund Accounting Can Support Your Board

how 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…

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What to Look for in Nonprofit Accounting Software

nonprofit accounting

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…

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Payroll Integration With Accounting Software

Payroll

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…

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MIP Accounting Honored by Annual TrustRadius Top Rated Awards

MIP_2023_Trust_Radius

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…

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Ideas for a Successful Fundraising Campaign for Schools 

fundraising 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…

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Ensure Your Government Organization Is Prepared for the Future

prepare government 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…

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Fundraising Best Practices for Schools 

fundraising 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…

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Why 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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