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AcctTwo Blog

AcctTwo’s Head of Nonprofit, Allison Webb Guests on Vanderbloemen Webinar

Allison Webb, Head of NFP at AcctTwo, and William Vanderbloemen, CEO at Vanderbloemen, discussed planning for financial transitions with systems, processes, and people recently on a webinar. It is becoming more and more critical to have nonprofit succession plans for accounting and back-office staff vs. succession planning for leadership roles. Watch the webinar, hosted by Vanderbloemen, to hear their full discussion – below are highlights from the conversation.   

Topics: Faith-Based

How to Use a Nonprofit KPI Dashboard To Measure Your Success

Halfway through our six-part blog series on nonprofit outcomes, we have explored why outcomes are so important (funders insist on seeing results) and why they’re so obscure (lack of good data). In this article, we’ll address the most important subject of all: The metrics for your nonprofit KPI dashboard you can use to measure your own success in terms of outputs and outcomes.

The good news is that these metrics exist, and when tracked correctly, they put success in the clear, quantifiable terms that funders insist upon. The bad news is that defining success isn’t simple, and tracking it isn’t either. Think of your own organization: Are you certain you’re fulfilling the core mission and values, and if so, to what extent?

Topics: church accounting KPI Faith-Based non-profit General

Key SaaS Metrics Show You the Path to Long-Term Growth

The annual and monthly recurring revenue is the driving force behind B2B (or B2B2C) SaaS and subscription-based businesses, but presents a unique set of challenges, particularly in the early and growth stages. While recurring revenue is integral to long-term financial health, early- and growth-stage businesses must establish cash flow and recapture startup and operational costs at a time when they may still be determining product-market fit. Measuring key SaaS metrics can provide critical insights into organizational health, help businesses optimize their sales and marketing, and ultimately position them for long-term growth.

Topics: KPI Cloud Computing / SaaS Accounting SaaS saas intelligence saas intelligence product General

AcctTwo’s Head of Nonprofit, Allison Webb, Guests on MinistryPlatform’s User Group

AcctTwo’s Head of Nonprofit, Allison Webb, recently spoke at MinistryPlatform’s “Evaluating Church Finances Post-COVID” User Group. Allison and Glenn Wood, Seacoast Church’s Administrator, discussed how to approach your churches finances during these changing times.

Topics: Faith-Based

Sage Intacct's Release 2 2021 Review

Sage Intacct Release 2 for 2021 is live and AcctTwo's Customer Success Team is hosted an overview webinar on Thursday June 10th. Senior Customer Success Manager, Anthony Della Selva, reviewed the latest release and took a deep dive into some of the new features and benefits.

Topics: Faith-Based General

Are You Overlooking Under-Performance in Your KPIs for Nonprofits?

This is the second blog in our series exploring outcome KPIs for nonprofits. In our previous article, we wrote about how today’s nonprofits need to track the outputs and outcomes of their efforts – the actual impact of their mission in action. Why? To build and maintain the confidence of funding sources that expect transparency and accountability like never before.

Before we address how to measure and track nonprofit outcomes in later posts, we need to debunk a common myth: That most nonprofits understand their performance already. Rather, most organizations make some attempt to understand it but come up shorter than they realize.

Topics: church accounting KPI church ministry Faith-Based non-profit General

The Strategic Role of Today's CFO Requires Intelligent Tools

In the same way that many of today’s disruptive technologies started in the consumer space and then moved into the business world, a lot of the disruptive business technologies such as cloud, mobile, and social started in areas such as marketing and sales, then moved into other functional areas, such as accounting, finance, payroll, and human capital management.

The finance function has become one of the new frontiers for technological innovation and disruption. Technology has begun to completely change the strategic role of today’s CFO by automating or eliminating much of the work being done by humans.

Topics: General strategic CFO

How to Integrate Stripe with ERP Software AND Get Actionable Insights

Companies are transforming their business technologies at a faster rate than ever. The COVID pandemic has accelerated that transformation. At AcctTwo, we curate, integrate, and optimize best-in-class financial management solutions. We've found that, even when the best possible technologies for a customer's industry and business model are implemented, there are usually "last mile" gaps that need to be solved for - gaps in process, automations, integrations, or in the ability to get meaningful insights from the systems. A great example of this is evident in our partnerships with Sage Intacct and Venn Technology. Find out how to integrate Stripe with Sage Intacct to fulfill your need for more actionable insights from your finance and payments data.

Topics: SaaS integration saas intelligence General Stripe

5 Steps to Include in the Succession Planning Process

You have risk management processes in place for vital processes within your organization – you should also have risk management processes in place for top talent. Be prepared before chaos happens by undertaking back-office succession planning proactively. Here are the five steps to include in your succession planning process.

Topics: business continuity succession Planning General

AcctTwo Implements Nonprofit Financial Software for Boys & Girls Club

With new nonprofit financial software and specialized help from AcctTwo, the accounting team at Boys & Girls Club of Greater Dallas have automated complex scholarship tracking, a simplified their chart of accounts, and now have the insights and visual dashboards they need to demonstrate the impact and financial health of their organization.

Topics: Not-for-profit Industry Faith-Based not-for-profit General