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…
3 Signs It’s Time to Up Your Allocation Game and Get True Performance Insights with Dynamic Allocations
Gain a fuller picture into your organization to fuel informed decision-making Allocating, or attributing, revenue and expenses across dimensions helps you better understand the whole operational picture of your organization. It provides clearer insight into the performance of business units, departments, products, projects, funds, and more, since you can derive the complete picture of revenue…
The Rise of the Data-Driven Nonprofit Finance Leader
The Evolving Role of Nonprofit Financial Leadership Time is the scarcest resource of today’s nonprofit finance leaders. As a nonprofit finance leader, you need to find ways to get away from day-to-day accounting tasks and create time for strategic executive priorities. Recent surveys show that on average, finance leaders set a goal of spending 50%…
10 Reasons Why Staffing and Recruiting Agencies Choose Sage Intacct
As a finance leader of a staffing or recruiting agency, you know that moving to a new accounting system is a big undertaking, and you may choose a new vendor only once or twice in your career. If you are considering a move to a new accounting and financial management system, make sure you select…
Life After QuickBooks: Why it’s Time to Step Up to Sage Intacct for Business-Class Financial Software
Is It Time To Make Your Move? For many small and mid-sized businesses, Intuit QuickBooks is the preferred choice for financial software in the organization’s early days—and for solid reasons. QuickBooks is well-known and easy to use, and it offers the basic functionality that almost any business can use to get off the ground. …
DeRosa Mangold Consulting is one of Bob Scott’s VAR Stars for 2021
DeRosa Mangold Consulting has been selected as a member of the Bob Scott’s VAR Stars for 2021, a group of 100 organizations honored for their accomplishments in the field of midmarket financial software Members of the VAR Stars were selected based on factors such growth, industry leadership and recognition, and innovation. Selection is not based…
3 Reasons to Make Your Planning More Dynamic
Today having a clear picture of your business’s situation is critical with the constant change driven by disruption and market volatility. We’ve identified three reasons why you need to make your planning more dynamic now. Dynamic planning can help your organization ensure that the right people are continuously involved in the strategic management process, receiving…
5 Telltale Signs Your Nonprofit has Outgrown QuickBooks
The pains of growing beyond the capabilities of QuickBooks A good fit for a small nonprofit, QuickBooks wasn’t built for the complex needs of an expanding nonprofit. Many small nonprofits manage accounting operations with small business software such as Intuit® QuickBooks®. QuickBooks is a great bookkeeping solution for small nonprofits, but as your organization grows…
5 Ways to Drive Faster Crisis Recovery with Your Hospitality Accounting System
The COVID-19 pandemic has impacted industries across the board, but few have been hit harder than hospitality. Hotels have had to find ways to cut costs as travelers postpone or cancel trips, and restaurants have pivoted from dine-in to off-premises. With efforts to contain the virus still ongoing, uncertainty is an ever-present obstacle in business…
Mastering the Complexity of Revenue Management
Revenue management is among the top challenges with loosely defined regulations, evolving revenue recognition rules under Accounting Standards Codification (ASC) 606, and stiff penalties for noncompliance. It can often overmatch the resources and expertise of many finance teams. Faced with these hurdles, companies must automate revenue management processes to gain efficiency, strengthen compliance, and improve…