Posts by Mike DeRosa
A 5 Step Plan for Selecting the Right Fund Accounting Software for Your Nonprofit
Six common reasons to change fund accounting software If your organization struggles with these six challenges, you might have outgrown your current fund accounting system. Reporting is a struggle that takes too much time. Your organization relies too heavily on inefficient, error-prone manual processes. You depend on unwieldy spreadsheets to analyze performance, sometimes causing reporting…Read More
3 Things Sage 100 Customers Need to Know about Sage Intacct
We’re Ready When You Are: 3 Things Sage 100 Customers Need to Know about Sage Intacct We’ve added Sage Intacct to our portfolio of accounting software solutions for a number of reasons. If you are ready to move to the cloud – or are planning to do so at some future date – we are…Read More
I have signed my last paper check!!
Hi Everyone, Before I get started, let me just say I hope you, your family and your team are healthy and safe during this difficult time. Many of us already know someone affected. Our prayers are with you. Sometimes we are the classic example of “The Cobbler whose children had no shoes”. I know…Read More
Outcome Metrics: Measuring What Matters in the Nonprofit World
Amid increasing demand for transparency and accountability, today’s nonprofits are seeking ways to both produce and to demonstrate successful outcomes. Heightened expectations and heightened scrutiny come from several sources—including ever more-engaged funders looking for financial management techniques and principles employed by for-profit businesses. To meet this demand, nonprofit organizations are embracing outcome metrics to measure…Read More
Why Dimensional Accounting?
Frequently I am asked “What does dimensional accounting mean?” The best I can offer is to tell you what dimensional accounting means to me. Dimensional Accounting is the ability to ask a general ledger account “What is in you?” Isn’t it the question we always need answered? “What the heck is going on in this…Read More