GRF Cybersecurity Risk Assessment and Scorecard Blog Series Identifying and mitigating website risks Data breaches are costly, and the monetary risk is massive. According to a recent IBM report, the average total cost of a data breach in the U.S. is $8.64 million, but even a smaller number can be devastating, depending on the…
GRF Cybersecurity Risk Assessment and Scorecard Blog Series Organizations use their online presence to attract donors, members, and clients from around the globe – often using videos, pictures, and interactive resources to engage these visitors. It is essential for web pages and content to load quickly because delays in load time could mean the…
GRF Cybersecurity Risk Assessment and Scorecard Blog Series The threat of cyberattacks is frightening, persistent, and can affect any organization, big or small. One way to mitigate this risk is to be sure your computer software and operating systems are up to date. Software vendors regularly release system updates, or “patches,” which are designed…
This post was originally published on the Sage Intacct Blog We are less than 4 months away from Sage Transform — formerly known as Sage Intacct Advantage. Sage has expanded its annual conference to include more of the Sage Medium Segment product portfolio! Whether you’re new to the annual customer and partner conference, or a long-time…
This post was originally published on the Sage Intacct Blog When faced with a pandemic, the world shifted, changing long-held policies, social norms, and philanthropic practices that had been thought of as immovable — in many ways having a positive impact on the sector. How do we take that same spirit of change into the…
This post was originally published on the Sage Intacct Blog Financial reporting is a key work product of the nonprofit accounting team. Reporting delivers value in the areas of compliance, analysis, planning and strategy, and organizational transparency. Accurate, easy-to-understand reports and dashboards help instill confidence when you’re communicating with the Board and donors/funders. Recently, two…
Why nonprofits are moving financial management to the cloud At a minimum, a modern accounting system should automate and streamline core financial management functions such as Accounts Receivable, Accounts Payable, and Financial Close. But you can hardly fuel your growth and need for accountability and transparency by simply automating the minimum. Nonprofits have accounting, tracking,…
The Year-End Tax Planning Series provides a roadmap for taxpayers navigating the many tax planning opportunities available this year. The content includes guidance for the various provisions enacted to help US taxpayers recover from the economic hardship associated with the COVID-19 pandemic. Tax Credits for Families Tax Strategies for Small Business Tax Advanced Savings Strategies…
Energy Tax Credit for Homeowners For 2021, homeowners may be able to take a tax credit of 26% of the costs of qualified solar electric property, solar water heating property, small wind energy property, geothermal heat pump property, and fuel cell property. The credit remains at 26% of the qualifying costs for systems installed in…