Nonprofit News

What your nonprofit needs to do to prepare for the new FASB rules.

July 20, 2017 by Karen O'Connor
Introduction Twenty four years is a long time in our world. It's longer than some of us have been in the workforce. (Not me, but that's another post.) While it may be challenging to process the new FASB changes, which ...
Read More

Summer Projects Series Revisited | Six software cleanup projects to tackle this summer.

July 7, 2017 by Karen O'Connor
We're having another beautiful summer. While it can be a little hard to focus on projects when the sun is shining, summer is often a less busy time of year for many of our nonprofits and therefore can be a great ...
Read More

How-to plan for scalability when selecting an accounting software.

March 31, 2017 by Karen O'Connor
INTRODUCTION: No one wants to hear the words, "you've outgrown your software system", but it happens. Wouldn't it be nice to have it happen less often? We're going through a software transition ourselves right now. One ...
Read More

Four Key Financial Reports Every Nonprofit CFO Needs to Use

March 16, 2017 by Karen O'Connor
We are inundated with data in our world today. Being able to sift through this data to understand it and, more importantly, to take action from it is critical to your organization's ultimate success. But, where to ...
Read More

Five things finance departments need to do now to prepare for staffing turnover.

October 7, 2016 by Karen O'Connor
It's never fun when a key employee gives their notice. It's especially stressful if they are the only employee who knows how to use your financial software. But, there are things you can do to help minimize the stress ...
Read More

Nonprofit Tips | Five Budgeting Pitfalls to Avoid

September 1, 2016 by Karen O'Connor
Abila recently released their “Building a Better Budget: The Nonprofit Budget Roadmap ›” eBook, and Soft Trac is planning a Budget Session at our upcoming customer conference. Budgets are a hot topic right now. There's ...
Read More

Finance and Fundraising Working Together | PART 6 - Evaluate Opportunities for System Integrations

May 12, 2016 by Karen O'Connor
Read More

Finance and Fundraising Working Together | PART 5 Make Time for Each Other

May 5, 2016 by Karen O'Connor
Abila recently released their  Nonprofit Finance and Fundraising Collaboration Study - Opportunities for a More Collaborative Nonprofit ›. With more than half of fundraisers (55%), and close to half of finance staff ...
Read More

Finance and Fundraising Working Together | PART 4 - Build a Shared Terminology and Metrics Cheat Sheet

April 27, 2016 by Karen O'Connor
Abila recently released their  Nonprofit Finance and Fundraising Collaboration Study - Opportunities for a More Collaborative Nonprofit ›. With more than half of fundraisers (55%), and close to half of finance staff ...
Read More

Finance and Fundraising Working Together | PART 3 - Training 101

March 31, 2016 by Karen O'Connor
Abila recently released their Nonprofit Finance and Fundraising Collaboration Study - Opportunities for a More Collaborative Nonprofit ›. With more than half of fundraisers (55 percent), and close to half of finance ...
Read More