While nonprofit financials provide unique challenges, they can be solved with the right ERP system.

In this article, we will discuss what we discovered from working with nonprofit organizations, with a look at how to find the right ERP for your organization. (At the end of the article, we have provided a complete transcript for the accompanying video and podcast.)

How to Choose the Right ERP for Your Nonprofit

With so many choices, it may seem difficult to select a software package that will work well for your nonprofit. Here are a few tips to help charitable organizations find the right ERP for their requirements.

What is Your Mission?

To understand what…

To determine which integrations you need for NetSuite, you must look at the ecosystem that your business or organization operates in, including all the parties your company interacts with on a daily, weekly, and monthly basis.

Here are some must-have integrations to make your NetSuite implementation a success.

1. Bank Integrations

One of the most crucial NetSuite integrations you will need is to your bank. The ability to bring financial details from the bank into NetSuite for reconciliation is critical. There are also other important pieces of data that will need to be sent to NetSuite regarding payments, such ACH or wire payments…

Looking ahead to next week: We’re kicking off a summer series on legacy upgrades with a webinar and live podcast on “Sunsetting Legacy Software with a Forecast for Cloud ERP.”

Go to https://www.erpadvisorsgroup.com/events/legacy-erp-software to register!

We wanted to share our most popular article for March 2021 — Five Post-Go-Live Tips for Your ERP Implementation.

One of the most important tips from this article: Spend time with the end users.

Read the complete article and listen to our podcast on this topic at erpadvisorsgroup.com/blog/post-go-live-tips-erp-implementation.

What will happen now that we have entered 2021? What solutions are organizations gravitating towards in these ever-changing times? Which ERP vendors stand to come out on top?

We utilized our experience with multiple clients in numerous industries to give our predictions for alternative vendors that could see increased uptake in the coming year. There is no doubt that 2020 was a year of challenges for many industries, but it was also a year of growth for a lot of businesses as well.

What we are seeing is that almost all of our clients are looking at best-of-breed, SaaS-based solutions…

2020 won’t soon be forgotten. In the world of Enterprise Resource Planning, just as everywhere else, we encountered unprecedented challenges that forever changed the way we do business. But the most important aspect is: we survived it, and the lessons we learned made us stronger.

All of us are now better equipped to face the obstacles of uncertainty with the knowledge that even in the middle of a global pandemic, sound strategies will prevail. Here is what we learned from 2020 — and how we can forge forward with ERP to persevere, and even thrive, in overcoming adversity.

Scrambling to Work from Home

When Safer-at-Home…

As we head into 2021, the ERP landscape has changed, and it continues to evolve. Coming off a year like 2020, it feels like an impossible task to forecast what might happen in the days and weeks ahead of us.

And while it may seem downright reckless or foolish to offer our predictions in the face of such unpredictability, we do see certain trends that can help our clients be better prepared for the year ahead. We want you to succeed, and in that spirit, here is our forecast for where we believe ERP is headed in 2021.

The Year of Best-of-Breed ERPs

The next…

Is there a way to guarantee ERP implementation success? When it’s time to go live, there’s no turning back. You just spent a lot of money on a new enterprise software system, so it better work. When your organization has invested time and money on an ERP implementation, you need to make sure your go-live goes as smoothly as possible.

There are several ways that a go-live can go wrong. But we have found that proper preparation and planning can mitigate the risks and facilitate the transition to a new ERP system.

Here are our top 16 tips on how…

As you get ready to start your implementation of an ERP system, you may have your project plan worked out, your implementation partner selected and your team ready to go. But even if you are prepared, there are still a few things every CFO (or anyone else running a project) should know.

1. There is No Such Thing as a Perfect ERP Implementation

As much as we may want perfection, it simply doesn’t exist in the world of ERP implementation. No matter how good your plan is or how thoroughly you have gone over every possible scenario, there are going to be problems. Issues will arise that no one, not you…

Nonprofits play a vital role in providing aid to those who need it most. If you are running such an organization, you know how difficult it can be to keep track of what is coming in from donations and what is going back out to fund the programs you support.

Here are some of the issues that can be solved with budgeting software — and hopefully make it easier for your organization to assist people in need.

Issue #1: Overwhelming Financials

Trying to keep up with every aspect of the financials for a nonprofit organization can be overwhelming. Financial Planning and Analysis, or FP&A…

ERP Advisors Group

ERP Advisors Group is one of the top independent enterprise software advisory firms. We are technology independent, focusing on serving mid-sized organizations.

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