Tracking donor restrictions and understanding the implications of those restrictions on revenue recognition are common challenges for nonprofits — especially if they try to manage these important metrics with spreadsheets. Updated revenue recognition standards for nonprofits issued as part [...]
Americans donated over $410 billion to nonprofits in 2017, up 5.2% from the previous year. Yet research also shows that between the years 2000 and 2016, the percentage of the population that donates to any cause fell from 66% [...]
Your accountants may be working from home, but what about your accounting processes? In many cases, working from home means “making do” with a lesser version of the office that lacks the same tools, data, and easy collaborative opportunities. Accountants [...]
Sage Intacct became one of the leading financial management solutions on the market for lots of reasons: flexibility, advanced automation, intuitive features, complex accounting capabilities, and the list goes on. However, a compelling feature that distinguishes it from much [...]
A recent survey of 350 decision-makers at nonprofits nationwide reveals some troubling trends. The majority of respondents believe that having better outcome measures – ways to track the impact of specific investments – would help to support their top [...]
The annual Sage Intacct Advantage conference is an opportunity for the company to lay out its vision for the future and show off innovative new product features. One of the key themes of this year’s conference was achieving Finance [...]
Blockchain. Cryptocurrencies. Bitcoin. These seem to be hot topics in today’s daily business news. It’s all still a bit of a mystery to most of us. It started with bitcoin (a cryptocurrency) in 2013, and the idea of a digital [...]
The Accounting Close process is a time-critical activity with an often unforgiving deadline. It requires the synchronization of people, processes and systems to produce the results necessary to satisfy the needs of management and other stakeholders. No matter the size [...]
As the need for faster and more efficient accounting processes grows, so has the desire for automated technology and systems. Recognizing this trend, Sensiba San Filippo (SSF) has recently partnered with Sage Intacct, a leader in integrated accounting systems. [...]
The ABCs of Risk Management Internal Controls for Non-Finance Professionals You’ve heard the words in business circles —COSO, ERM, SOX, and COBIT. Looks like alphabet soup. But what do they mean? If you think these all relate to risk management, then you [...]
