Budgeting and Planning for 2025: Challenge Accepted!
Generated by AI and edited by Heather Broberg, Senior Manager, Accounting Technology Solutions Budgeting and forecasting are critical components of financial planning for any organization, yet they often pose significant difficulties. These processes are essential for setting financial goals, allocating resources efficiently, and making informed strategic decisions. However, the complexities involved can make budgeting and…
2024 Update on Retirement Plans: Cyber Best Practices
Cybersecurity remains a crucial concern for retirement plan administrators and sponsors. Ensuring the security of sensitive data and maintaining compliance with regulatory requirements is essential to protect plan participants and maintain trust. GRF hosted a 2024 Update on Retirement Plans webinar on May 16th, 2024, which outlined key cybersecurity best practices recommended by the Department…
Illustrating Your Nonprofit’s Story with Dynamic Dashboards
Dynamic dashboards are essential for nonprofits, turning complex data into compelling visual narratives. They simplify the presentation of financial and operational metrics, aiding in decision-making and enhancing communication with stakeholders. On Wednesday, April 4, 2024, GRF hosted an informative webinar, “Illustrating Your Nonprofit Story with Dynamic Dashboards,” featuring Ahkeeia Ward, CPA & EA, and Elinor…
I’m Often Asked, “What’s the Difference Between an ERP and a CRM?”
By Jim Norton, CPA, Principal, Accounting Technology Solutions It all starts to sound like alphabet soup after a while, but modern organizations are increasingly dependent upon cloud technology to get things done. In fact, remote work demands that data reside in the cloud so that work can be done anywhere and at any time. Over…
Top Three Takeaways from Sage Transform 2022
This year’s Sage Transform conference took place October 10-14 in sunny Orlando, Florida. And, like every Sage Intacct-led event, it was not only a great time for networking, but an informative event with news and updates from Sage. Below are our top three takeaways from the event. 2022 Sage Transform Key Takeaways New partnership with…
How to Solve Your Multi-Entity Nonprofit Financial Management Challenges
As a nonprofit leader, you likely think of financial management as a necessary evil—bogging down your staff and creating bottlenecks or compliance problems. But it doesn’t have to be that way. In fact, with the right technology, managing your finances can be easy, effective, and offer new insights into your organization. This is especially true…
How Multi-Entity Nonprofits Can Improve Financial Management
Nonprofits have unique obstacles to effectively managing their finances. For starters, you’re doing most everything on a dime, and then depending on your industry, you have compliance regulations and other metrics to worry about. If you’re running a multi-entity nonprofit, all of this gets more complicated. That’s where technology has emerged as a beneficial tool…
Tips & Tricks of the Month from Sage Intacct: GL Outlier Detection
This year Sage Intacct launched an upgrade feature for users called “Outlier Detection for General Ledger”. Sage Intacct is the first and only mid-market cloud accounting solution to use AI to increase confidence in the accuracy of general ledger transactions. This new feature has the ability to auto-generate flags for entries that don’t match past…
Tips & Tricks of the Month from Sage Intacct: Interactive Custom Report Writer
Meet your specific reporting needs with Sage Intacct Interactive Custom Report Writer (ICRW). The ICRW is a modern visual reporting tool that delivers ease and speed of report creation. It offers an enhanced user experience along with analytical tools to address complex reporting needs. Learn More
Tips & Tricks of the Month from Sage Intacct: Customization
A great Sage Intacct tip is that you can customize your account to better suit your organization’s needs, creating a custom workspace that is appropriate and suited just for you. The system allows you to create custom dashboards in order to view the reports that matter most to you in a concise and real-time manner….