Non­profit

Accounting Today - - Technology - From page 31 See NON­PROFIT on 34

prod­ucts. Now that the .net mi­gra­tion is com­plete, we are go­ing to im­me­di­ately be­gin the cre­ation of a web-based prod­uct.”

Araize plans on adding bank in­te­gra­tion, and more in­te­gra­tion with third-party applicatio­ns through an open API to the Fast­fund On­line sys­tem, while Net­suite’s Carey said, “Our three-year roadmap for the non­profit ver­ti­cal fo­cuses on three pri­or­i­ties: un­prece­dented fi­nan­cial trans­parency to al­low non­prof­its to eas­ily re­port all re­quired fi­nan­cial data to in­ter­nal stake­hold­ers, donors and statu­tory author­i­ties; con­nect­ing dol­lars to out­comes to al­low non­prof­its to cal­cu­late and man­age their or­ga­ni­za­tion based on cost per out­come in real time; and fi­nally, trans­form­ing donor/mem­ber ex­pe­ri­ences to op­ti­mize fundrais­ing and mem­ber­ship rev­enue.”

Not just count­ing beans

CRM is one pop­u­lar ap­pli­ca­tion that a num­ber of ven­dors of­fer. Ac­cu­fund’s Scot­land feels it’s very im­por­tant to of­fer more ca­pa­bil­ity than just ac­count­ing, and his com­pany does so by both ex­tend­ing its of­fer­ing and part­ner­ing with other in­dus­try ven­dors. “Ac­cu­fund pro­vides seam­less in­te­gra­tion be­tween Sales­force and our Ac­cu­fund Ac­count­ing Suite to pro­vide a pow­er­ful, stream­lined so­lu­tion for non­prof­its. The real-time in­te­gra­tion of­fers time-sav­ing ben­e­fits that al­low non­profit or­ga­ni­za­tions to im­prove ef­fi­ciency, re­port­ing and over­all or­ga­ni­za­tional man­age­ment. Be­yond our Ac­cu­fund Ac­count­ing Suite and our Gov­ern­ment Ac­count­ing Suite, we are an in­dus­try leader in rep­re­sen­ta­tive payee soft­ware. Ac­cu­fund is also ex­cited about our con­tin­ued work with en­dow­ments and our newly re­leased En­dow­ment Man­age­ment Sys­tem.”

Araize is another ven­dor that ex­tends its ac­count­ing ap­pli­ca­tion. “We feel it is ex­tremely im­por­tant to pro­vide a to­tal so­lu­tion en­com­pass­ing non­profit ac­count­ing, donor man­age­ment and pay­roll, which pro­vides our users with a sin­gle so­lu­tion and source for sup­port for their crit­i­cal back-of­fice fi­nan­cial re­spon­si­bil­i­ties,” Scarano told us. “Pay­roll is es­pe­cially im­por­tant since we pro­vide the abil­ity to al­lo­cate em­ploy­ees’ salaries and pay­roll taxes to mul­ti­ple pro­grams and grants, and there is seam­less in­te­gra­tion and post­ing of de­tailed pay­roll data from pay­roll to ac­count­ing.”

And Red Wing’s Hil­ton noted that while they do not of­fer CRM or donor man­age­ment, they do of­fer pay­roll: “Red Wing Soft­ware of­fers Cen­ter­point Pay­roll, which can be seam­lessly in­te­grated with Cen­ter­point Fund Ac­count­ing. In ad­di­tion, RVS Util­ity Soft­ware has a di­rect in­ter­face to Cen­ter­point Fund Ac­count­ing.”

Another ven­dor of­fer­ing an­cil­lary soft­ware is GMS: “We of­fer Re­volv­ing Loan Ser­vic­ing Soft­ware. Our RLSS is a per­fect fit for a lot of our client base as or­ga­ni­za­tions such as plan­ning and de­vel­op­ment coun­cils are non­profit or­ga­ni­za­tions that ser­vice clients/com­pa­nies in need. More­over, our two prod­ucts are com­pletely in­te­grated,” Cas­sady ex­plained.

Other ven­dors of­fer even more com­pre­hen­sive applicatio­ns. Ac­cord­ing to Ap­los, their cus­tomers, re­gard­less of size, still need a data­base for their peo­ple, an email plat­form, a web­site, a re­li­able on­line do­na­tion pro­ces­sor, a do­na­tion track­ing soft­ware, and an event reg­is­tra­tion soft­ware in ad­di­tion to their book­keep­ing. “We de­cided to bun­dle our soft­ware so all ac­count­ing sub­scrip­tions come with the com­plete non­profit man­age­ment sys­tem,” Goetz said. He also men­tioned that they have added on­line event reg­is­tra­tion and ticket sales and a web­site builder this year, as well as a com­plete donor man­age­ment sys­tem and on­line do­na­tion pro­cess­ing that is in­cluded in ev­ery sub­scrip­tion.

And, for non­prof­its that need it, both Net­suite and Serenic of­fer com­plete ERP sys­tems.

Here, there, and ev­ery­where

A num­ber of ven­dors we spoke with in­di­cated that they are com­pletely cloud-based, in­clud­ing Ac­cu­fund, Ap­los, Araize and Net­suite. Oth­ers, such as Serenic, GMS, Red Wing Soft­ware and Black­baud, of­fer a va­ri­ety of in-house, cloud-based ac­cess and host­ing op­tions.

Mo­bile ac­cess is also in­creas­ingly im­por­tant to our ven­dors. Some, such as Araize, of­fer mo­bile ac­cess through a PC’S web browser rather than a ded­i­cated IOS or An­droid app.

Ac­cord­ing to Net­suite’s Carey, “Mo­bile ac­cess is crit­i­cal. Net­suite’s mo­bile app fea­tures easy ex­pense re­port­ing, call-log­ging and time-track­ing in a mo­bile in­ter­face filled with mo­bile dash­board portlets and KPIS. Avail­able for IOS and An­droid, the applicatio­ns are de­signed with a mo­bile-first UI for key work­flows, and sup­port push no­ti­fi­ca­tions for time-sen­si­tive ac­tions.”

Ac­cu­fund also em­braces mo­bil­ity. “In this day and age, our clients de­mand mo­bile ac­cess,” Scot­land said. “Ac­cu­fund has re­sponded with a va­ri­ety of mo­bile-ac­cess so­lu­tions. Our browser-based ac­count­ing so­lu­tion, Ac­cu­fund Any­where, al­lows users to man­age their ac­count­ing on any de­vice. Ac­cu­fund’s Soft Clock time­keep­ing app for tablets pro­vides seam­less in­te­gra­tion with our Pay­roll Sys­tem. Our mo­bile Work Or­der app al­lows in-the-field data en­try for Ac­cu­fund’s Work Or­der com­po­nent.”

Noth­ing can go wrong …

Ma­chine learn­ing, ar­ti­fi­cial in­tel­li­gence and voice as­sis­tants are hot top­ics in the ac­count­ing pro­fes­sion. Or­a­cle Net­suite and Black­baud are all in. “With the Or­a­cle ac­qui­si­tion of Net­suite comes tremen­dous abil­ity to lever­age the mar­ket-lead­ing ef­forts of Or­a­cle in the ma­chine learn­ing and ar­ti­fi­cial in­tel­li­gence space,” said Carey. “Or­a­cle de­liv­ers a per­va­sive ap­proach to AI, em­bed­ding AI into its applicatio­ns, and pro­vid­ing an AI de­vel­op­ment en­vi­ron­ment cou­pled with a world-class in­fra­struc­ture to run spe­cial­ized work­loads.”

And Black­baud’s Blan­ton added, “Black­baud’s ‘In­tel­li­gence for Good’ ap­proach com­bines big data, ar­ti­fi­cial in­tel­li­gence, an­a­lyt­ics and ex­per­tise. Our ac­count­ing so­lu­tions al­ready in­clude de­scrip­tive and pre­dic­tive an­a­lyt­ics, as well as ‘smart’ ac­tions like au­to­matic bank rec­on­cil­i­a­tion. Black­baud is re­search­ing sev­eral di­rec­tions to en­com­pass ML/AI within our prod­uct port­fo­lio, in­clud­ing con­tri­bu­tion an­a­lyt­ics, ac­counts payable and fraud de­tec­tion.”

Some, such as Serenic, are in the process of eval­u­at­ing or im­ple­ment­ing the new­est tech­nolo­gies. “Mi­crosoft re­cently an­nounced the con­nec­tion of Busi­ness Cen­tral to the In­tel­li­gent Edge so that on-premise cus­tomers will be able to ben­e­fit from a new level of AI po­ten­tial. Serenic is as­sess­ing the value of this ca­pa­bil­ity for our cus­tomers and mar­ket,” said Bleiker.

Araize is another ven­dor in the

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.