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CPA Practice Advisors Honors AccuFund with 5-Star Rating

CPA Practice Advisors Honors AccuFund with 5-Star Rating for its Nonprofit Accounting System. 
AccuFund receives top marks for scalability, core functions, capabilities, reporting, integration and support. Product strengths detailed in AccuFund’s 5-Star Review include:

•    Both on-premise and online/cloud version available
•    Strong set of core modules
•    Excellent selection of add-on modules
•    Seamless integration with Salesforce
•    AccuFund for Nonprofits provides a degree of flexibility in its product offerings, giving users the choice of a traditionally installed product, an online version of that same product, or AccuFund Anywhere, the cloud-based version of the product.

Here's a First-Hand account of AccuFund in action with the New Mexico-based Friends of  the Cumbres & Toltec Scenic Railroad.

Read the Full CPA Practice Advisors Review.

Read the Full AccuFund 5-Star Rating Press Release.

Registration Opens for AccuFund Spring Training

AccuFund has opened registration for its 2016 Spring Training Program.  This includes four online courses May 10-13, 2016 and three on-site courses to be held in Las Vegas, NV  from May 16-20, 2016.  Both on-site and online courses include significant hands-on lab time to reinforce what is being learned during the course.

The online courses are geared towards users wanting to learn correct processing in AccuFund's most popular modules including Accounts Payable, Accounts Receivable and Payroll.  There is also a New User course, geared to new staff in the finance department that need to understand the AccuFund software paradigm and how to most effectively use the software.  Each of the online courses are a 5 hour course.  The online courses will run during the week of May 10 -13, 2016.

The report writer courses will be taught in Las Vegas, NV and are three courses including Financial Report Writer - 2 days, Standard Report Writer - 2 days and Advanced topics for the Standard Report Writer - 1 day.  The report writer courses will run the week of May 16-20, 2016.

Click HERE for registration information.

NEW! Accounting and Fundraising Integration Case Study

When organizations streamline their accounting and fundraising processes, they spend less time on administrative duties and more time servicing their donors and fulfilling their mission.  That’s exactly what happened with our featured client, The Friends of the Cumbres & Toltec Scenic Railroad, in this Case Study. They automated and centralized their accounting and fundraising functions. 

How did they do it? Using AccuFund’s Accounting Suite and AccuFund CRM.  Here are some excerpts from the Case Study:

•    “The ability to set up a separate budget just for the projects committee and then run reports based on their budget versus actual spent, including encumbrances, allows us to be more on top of our expenditures. I can get expenditures posted and reports run so the projects committee can see how much they've spent on individual projects. That's a huge benefit.”
•    “In the 16 years I’ve been here, it was the easiest audit we've ever gone through and I attribute that to AccuFund.”
•    “It's made a huge difference by allowing us to know whether checks are posted in the accounting system. It’s very accurate and reliable and it allows me to reconcile my CRM to what I have in the bank and see that we're tracking properly.”

Read The Friends of the Cumbres & Toltec Scenic Railroad Case Study

AccuFund Unveils 2015-16 Nonprofit Accounting Survey Results

The 2015-2016 Nonprofit Accounting Insights & Analysis Survey sought information central to nonprofit accounting management, including the amount of time spent inside and outside an organization’s financial system pulling and manipulating data, as well as specific software features used to manage nonprofits.

AccuFund commissioned publisher Nonprofit PRO to survey its readers (nonprofit finance professionals and top organization management) to benchmark nonprofit financial management. Nearly 300 nonprofit professionals participated in the survey.

Key Findings Include:

•    More than half of all respondents struggle with reporting non-financial performance data.
•    Overall majority don’t enjoy the automation of reporting with 73% spending up to 5 hours per week manipulating data outside their financial system and 27% spend more than 6 hours per week.
•    95% report having under 5 accounting staff members; the reporting bottleneck can’t be solved by manual intervention.

View the 2015-2016 Nonprofit Accounting Insights & Analysis Survey Infographic for complete details.

Read the full press release.

New Modules and Features in latest Upgrade to AccuFund Accounting Suite.

AccuFund announces the availability of Version 5.04 of the AccuFund Accounting Suite. With this latest release, AccuFund introduces the Entity Consolidator and Work Orders modules, along with new system features and module enhancements that continue to improve system usability and convenience. Read the full press release.