Archive for the ‘Finance Management’ Category

End of Year MIP Planning for CFO’S

Tuesday, November 3rd, 2015

Don’t let the end of the year be the end of you! Our MIP experts and TeamNFP certified business partners will help you get a handle on priorities and “how-to do it more efficiently”. Not just a presentation, it is a conversation with experts on their recommendations, tips, and tricks to help you survive the end of your year — whenever it happens!

Our panelists include CPAs and financial and audit experts with more than 100 years of experience with nonprofits of all kinds and sizes, with special experience working with nonprofits doing business with government agencies.

  • Suzanna Braun, Capitol NPS
  • Michael Golub, NP Solutions
  • Ron Hopkins, NP Solutions
  • Laura Jorstad, NFP Partners

This is eligible for CPE credit and is aimed at the financial manager but key staff are encouraged to attend also.

End of Year planning subjects to be discussed:

  • HR & payroll
  • Encumbrances, payments & more government stuff
  • EOY planning for multiple year ends  or when your year end is NOT 12/31
  • Preparing for the auditors in 2016 & making 2017 even easier using some special MIP features
  • Best practices for small organizations; what to do on Jan. 2

Originally presented Nov. 2015

Slides:EOY Planning for CFOs Webinar Nov 2015

Payroll Wars: How to Choose What to Use

Tuesday, May 5th, 2015

What happens when you get a panel of users and experts together to discuss an issue like how to make payroll management more efficient and accurate and less dreaded by staff who have to get everything ready? You don’t get a payroll war but you do get a lively discussion on the pros and cons of using MIP Payroll module, 3rd party payroll companies, and products like Payroll TM8 that bridge the gap and solve problems.

There are legitimate reasons to do it in house and equally good reasons to do it out of house. Panelist Patricia Miele, Patricia Miele Consulting suggested that you change your focus from payroll to the needs of your General Ledger. Other issues to consider include unique payroll requirements caused generally due to grant overlap.

Her high five to decide were:

  1. Payroll size
  2. Organizational culture, stability
  3. Complexity of Accounting (multiple funds)
  4. Complexity of Accounting (other segments)
  5. Complexity of pay codes

She also recommended other factors to consider:

  • Multiple State payrolls
  • Timekeeping solutions
  • Other products & services desired

Special thanks to our other panel members, Michael Golub, CEO of NonProfit Solutions headquartered in Riverside, California, Q Johnson, Managing Member of TeamNFP, and especially our guest customer Cito Venegas, CFO of  the National Older Worker Career Center in Washington D.C.who shared his experiences.

Originally presented May 2015.

Download slides: TeamNFP-PayrollWars-2015.ppt

Speaking the Same Financial Language Webinar

Tuesday, May 20th, 2014

How can you help your staff, board, and others understand financial terms that you know backwards and forwards? Karen Millican who has spent many years working as the CFO of nonprofits knows the challenge and has come up with a process so that everyone really understands what the words and the finances mean. This means the organization can arrive at better decisions when it comes to money allocation.

Presenter: Karen Millican, MBA, Business Tutor, LLC

Millican Speaking The Same Language Webinar Slides