Best-in-Class Accounting Software
for Nonprofits & Governments
Your organizations are faced with a dilemma when selecting software to effectively meet your ERP requirements. The juxtaposition between industry-specific and for-profit accounting software vendors has always been a challenge.
For-profit accounting software is more comprehensive in scope yet lacking in specialized functionality for governments and nonprofits. On the other hand, vertical software vendors provide specialized functionality like fund management and grant management, but will lag in providing the latest, most modern technology platforms.
It takes a special strategy to provide the best of all worlds:
great industry functionality AND the most modern technology
at an affordable cost.
Microsoft, in partnership with Tangicloud as an Industry Solutions Vendor, delivers what you need for sustained success with the Fundamentals App, powered by Microsoft Dynamics 365 Business Central.
Fundamentals is an industry solution for Business Central which traces its success back to the year 2000, years before Microsoft acquired the Business Central product.
SUPERIOR FUND ACCOUNTING & ERP SOFTWARE
TRACKS FUNDERS, GRANTERS, RESTRICTIONS & DETAILED DATA FOR REPORTING
Our team of industry experts has worked with thousands of nonprofits and governments. We listened to your colleagues tell us about their need for modern and effective software. And from that work and experience, Tangicloud has built an ERP solution with the features you need.
- Unlimited funds with automatic due-to/due-from transactions, for easy-to-use, but powerful processing results.
- Budgetary control with spending alerts
- Paperless approvals for all transactions and documents
- Define time and usage restrictions for a flexible, but secure operating environment.
- Handling releases from restriction easily.
- Tracking detailed information about your funding sources will help you in your fundraising efforts.
- Grant management tracks awards, expenditures and indirect cost recovery.
- Flexible bank accounts will help you handle multiple funds and currencies with confidence.
When you want a superior fund accounting experience, trust Tangicloud.
MANAGE YOUR EXPENSES PROACTIVELY
TO OPERATE WITHIN BUDGET
Fundamentals allows you to view budget availability in real-time. This will help you avoid accidental over-spending. And you can generate electronic approvals and exceptions so that your managers are aware before problems occur. Generate detailed transactions for planned expenses from your user requisitions (i.e. commitments) and purchase orders (i.e. encumbrances). This will give you end-to-end visibility of spending activities.
- Real-time capture of planned and actual expense throughout the procurement cycle helps you manage your projects more effectively.
- User-defined budget control and document approval rules will empower your managers to catch problems before they happen.
- Microsoft Outlook email integration is great. It will allow you a paperless review and approval system. The result? You’ll work with a happy board, and have a reduction of your storage and paper costs as well.
- The ability for remote users to enter purchase requests and expense reports will improve operating efficiencies. You may even make it home on time tonight!
SAVE TIME AND MONEY BY AUTOMATING PROCESSES
AND ELIMINATING SPREADSHEET SUBSYSTEMS
People say that “the devil is in the details.” Nothing illustrates this more than when it comes to entering data by hand. Numbers can be transposed and deadlines missed. Think of the hours wasted in double-checking budget overruns by hand. But, with Fundamentals, many of your transactions can be automated for faster, more accurate workflows.
- Automated due-to/due-from transactions cut data entry time significantly.
- Recurring journal entries and invoices are a point of review, not a task to complete.
- Real-time allocation of line items across funds, grants, departments, programs, etc. keep you on track for mission success.
- Import and export budget plans from/to Microsoft Excel for your own clear analysis.
- Automatic billing for grant reimbursements will help with cash flow.
- Paperless approvals, alerts and notifications using Microsoft Outlook help your office go green.
- Data integration to external systems using Microsoft Excel and web services make sure you’re focused on mission impact and not IT demands.
INTEGRATION TO THE WORLD’S OFFICE?
TANGICLOUD USES MICROSOFT’S DYNAMICS 365 ERP PLATFORM
You’ve probably been working with Microsoft Office for years. Programs like Excel, Word and Outlook email are practically second nature. Wouldn’t it be nice if your accounting software were as easy to use? And what if it integrated naturally into the Microsoft Office environment? That is, after all, what a true ERP software should do. And today, this is all possible with Tangicloud, powered by Microsoft Dynamics 365. Microsoft has designed our user experience to fit with their Office products. So, here are some exciting things you can do:
- Receive invoices via email and have them entered as accounts payable invoices
- Import and export data from/to Excel for complex analysis
- Increase organizational efficiency by using Microsoft Outlook to approve budgets and purchases
- Train staff on your accounting system faster because of the familiar Microsoft Office user interface
- Use Power BI to view dashboards and key performance measures
- Email reimbursement invoices so you can speed up cash collection
SATISFY YOUR NEED FOR INFORMATION WITH
REAL-TIME REPORTING, DRILL DOWN & DRILL-ACROSS
Every transaction and document in Fundamentals is posted in real-time, so your reports and inquiries are always instant, and up-to-date. First, drill-down from reports to see detailed transactions. And then navigate transactions to see source documents, attachments, and the impact across all your sub-ledgers and general ledger,
- Easily run standard nonprofit & government financial statements
- Cash forecasting and cash flow statements help communicate your fiscal well-being
- Drill-down from reports to detail transactions and source documents for better auditability
- Use “smart-lists” to reduce the need to run reports and drill down from on-screen balances
- Filter on-screen lists to refine your searches by columns and amounts
- View charts and graphs, then drill down to detail transactions to help manage your organization better and faster
FUNDAMENTALS—
YOUR COMPLETE VERTICAL ERP SOLUTION
Fundamentals is your leading fund accounting and ERP software solution. We give you the features, power, and processing speed you deserve, so you can make your organization’s mission a success. Contact us today for more information.