Nonprofit accounting software: accountability rather than accounting?When it comes to accounting software, it's it's 1. Contraction of it is. 2. Contraction of it has. See Usage Note at its. it's it is or it has it's be ~have easy to get caught up in the numbers. How many digits can the account number contain? How many reports does the software produce? How many users can the application support? You get the idea. Since the accounting staff which will select the software are "bean counters bean counter n. Slang A person, such as an accountant or financial officer, who is concerned with quantification, especially to the exclusion of other matters: ," let's let's Contraction of let us. give them some software with which to count the beans See JavaBeans. . It's hard to find fault with this approach. Traditionally, it's features and service that sell software. While that focus is not likely to change substantially, at least in the near future, some of the major vendors of accounting software to the nonprofit A corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive. Nonprofits are also called not-for-profit corporations. Nonprofit corporations are created according to state law. market see other factors assuming increasing importance. Is bigger better? One way that the nonprofit software market is evolving is that software giants such as Microsoft (Microsoft Corporation, Redmond, WA, www.microsoft.com) The most successful and influential software company. Microsoft's software and Intel's hardware pioneered the PC and revolutionized the computer industry. and Best Software are achieving an increasing presence, largely through the purchase of ongoing companies. Microsoft's Director of Vertical Strategy-Not for Profits, Patrick Fitzhenry, said that he believes that the size of vendors, such as Microsoft and Best Software, provide them with economies of scale in research and development, as well as in providing a variety of products at different needs levels to the nonprofit accounting software market. In particular, Fitzhenry mentioned a new back-end (programming) back-end - Any software performing either the final stage in a process, or a task not apparent to the user. A common usage is in a compiler. A compiler's back-end generates machine language and performs optimisations specific to the machine's architecture. accounting product using Microsoft.Net See .NET. technology that is under development. "At some point in the future," he explained, "a new product will come out that will really be a consolidation of all of our accounting products. People who are customers of all four of our current products will have an upgrade to move to that single product." B2PCommerce Corporation's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Jason Saul Saul, first king of the ancient Hebrews. He was a Benjamite and anointed king by Samuel. Saul's territory was probably limited to the hill country of Judah and the region to the north, and his proximity to the Philistines brought him into constant conflict with them. , also believes that the consolidation that's gone on in industry is a good thing. "So why is Microsoft paying attention Noun 1. paying attention - paying particular notice (as to children or helpless people); "his attentiveness to her wishes"; "he spends without heed to the consequences" attentiveness, heed, regard [to the nonprofit accounting software market]? Why is Intuit in·tu·it tr.v. in·tu·it·ed, in·tu·it·ing, in·tu·its Usage Problem To know intuitively. [Back-formation from intuition. paying attention? Why does Sage (Best) care? Because this is one of the last great untapped business markets out there," said Saul. This "fresh meat" attitude is understandable once you consider the statistics. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Internal Revenue Service, there are roughly 1.8 million tax-exempt tax-ex·empt adj. 1. Not subject to taxation, as the capital or income of a philanthropic organization. 2. Producing interest that is exempt from income tax: tax-exempt bonds. n. organizations in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Even though some of those nonprofits already have accounting software, those that don't don't 1. Contraction of do not. 2. Nonstandard Contraction of does not. n. A statement of what should not be done: a list of the dos and don'ts. , or which really need to upgrade existing software, represent a lot of sales. Estimates of the potential spending in the nonprofit accounting market range in the hundreds of billions of dollars, according to Saul. Even some of the smaller vendors appreciate the consolidation that's gone on in the industry, though for a different reason. Cougar Mountain The lowest and westernmost of the Issaquah Alps, Cougar Mountain is a zone of highlands in suburban Seattle, Washington, rising abruptly from southeast of the intersection of I-90 and I-405. Software's Director of Marketing Jim Stone admitted that, "With the few vendors that are left, it is easier for us to carve out to make or get by cutting, or as if by cutting; to cut out. - Shak. See also: Carve our very specific niche niche: see ecology. niche Smallest unit of a habitat that is occupied by an organism. A habitat niche is the physical space occupied by the organism; an ecological niche is the role the organism plays in the community of organisms found in the in the marketplace, where we are best suited, and put together a good proposition for our customers." At the same time, the very size of software giants such as Microsoft and Best can sometimes work against them. Saul said he believes that many of Microsoft and Best Software's independent software vendors (ISVs) have a better understanding of the needs of nonprofits than the giant companies with which they can partner. According to Serenic Software's CEO and President Jay Malik Noun 1. malik - the leader of a town or community in some parts of Asia Minor and the Indian subcontinent; "maliks rule the hinterland of Afghanistan under the protection of warlords" , whether the organization is small or large, the capability needs are going to be similar. The key is to get the functionality to all organizations, whether it's a direct sale of software, or via subscription models. One size doesn't does·n't Contraction of does not. fit all That understanding of the market is vital when you consider that the nonprofit accounting software market is actually very complex. There are nonprofits of all sizes and configurations. These range from a local, two-person church-based food kitchen to national organizations such as the American Red Cross American Red Cross: see Red Cross. and United Way. The accounting needs of these organizations are very different. Churches and other houses of worship WORSHIP. The honor and homage rendered to the Creator. 2. In the United States, this is free, every one being at liberty to worship God according to the dictates of his conscience. Vide Christianity; Religious test. WORSHIP, Eng. law. are usually considered nonprofit organizations Nonprofit Organization An association that is given tax-free status. Donations to a non-profit organization are often tax deductible as well. Notes: Examples of non-profit organizations are charities, hospitals and schools. , but so are cities and municipalities. Both types of entities have revenues and expenses. How these are handled in each type of entity is very different. While nonprofit accounting software is by itself a vertical market, that market is very stratified stratified /strat·i·fied/ (strat´i-fid) formed or arranged in layers. strat·i·fied adj. Arranged in the form of layers or strata. as well. The for-profit for-prof·it adj. Established or operated with the intention of making a profit: a for-profit organization. accounting software market has a considerable amount of sales of off-the-shelf product, which is sold at retail through computer and office supply stores. In the nonprofit market, much of the software is sold through value added resellers See VAR. (company) value added reseller - (VAR, or "value added retailer") A company which sells something (e.g. computers) made by another company (an OEM) with extra components added (e.g. specialist software). (VARs) that have an understanding of the differences between various types and sizes of entities, and how the software must be adapted to meet their needs. Software vendors need to know what is important to each type of entity at each size. As Serenic Software's Malik said of his years spent in this software market, "What I learned was that there was a lot of point functionality that was very critical to the nonprofit sector." This type of experience and knowledge translates into a more successful solution for the intended customer, he explained. American American, river, 30 mi (48 km) long, rising in N central Calif. in the Sierra Nevada and flowing SW into the Sacramento River at Sacramento. The discovery of gold at Sutter's Mill (see Sutter, John Augustus) along the river in 1848 led to the California gold rush of Fundware's Vice President Michael Michael, archangel Michael (mī`kəl) [Heb.,=who is like God?], archangel prominent in Christian, Jewish, and Muslim traditions. In the Bible and early Jewish literature, Michael is one of the angels of God's presence. Potts said that he sees "An increasing demand [by customers] for specific understanding of specific sub-segments (i.e., human services, religious organizations, and governments.)" In turn, Potts said that this as "driving a feature set that can be tailored to specific industry needs, and supplementing that design with segment-specific content such as customized charts of accounts, special allocations, and the like. The industry must stop selling 'vanilla' products, and deliver specific, concrete solutions to targeted segments." Communication in the triangle triangle, in mathematics triangle, in mathematics, plane figure bounded by three straight lines, the sides, which intersect at three points called the vertices. Any one of the sides may be considered the base of the triangle. of customer, reseller An organization that sells hardware and software to the general public. Resellers purchase products from software publishers and hardware manufacturers. , vendor is important. "We work closely with our reseller network--and speak to about 1,000 nonprofit professionals a day--to stay current on trends and issues," said Robert Robert, Henry Martyn 1837-1923. American army engineer and parliamentary authority. He designed the defenses for Washington, D.C., during the Civil War and later wrote Robert's Rules of Order (1876). Noun 1. Sywolski, CEO at Blackbaud For the supplier of e-learning software, see . Blackbaud Inc. is a supplier of software specifically designed for charities, schools, universities, and other not-for-profit organizations. . "By truly understanding the challenges different kinds of nonprofits face, we are able to develop complete software solutions that meet those needs and customized options based on organizations' specific needs." Accountability The traceability of actions performed on a system to a specific system entity (user, process, device). For example, the use of unique user identification and authentication supports accountability; the use of shared user IDs and passwords destroys accountability. and oversight
Oversight may refer to:
Probably the most far-reaching far-reach·ing adj. Having a wide range, influence, or effect: the far-reaching implications of a major new epidemic. trend in the nonprofit accounting software industry is a result of the anticipated effects of the Sarbanes-Oxley Act See SOX. on nonprofits. The Sarbanes-Oxley Act (sometimes abbreviated as SOX (1) (Schema for Object-oriented XML) An XML schema developed by Veo Systems and Muzino Communications, which was submitted to the W3C. SOX is based on DTD, but adds data typing and reuse mechanisms. ), which kicked in during November November: see month. 2004, was a result of all of the corporate misadventures of the past several years, such as Enron Enron A U.S. energy-trading and utilities company that housed one of the biggest accounting frauds in history. Enron's executives employed accounting practices that falsely inflated the company's revenues, which, at the height of the scandal, made the firm become the seventh , Tyco, and Worldcom The former name of MCI. Based in Jackson, MS, WorldCom, Inc. was a major, international telecommunications carrier. It was founded in 1983 by Bernard Ebbers as Long Distance Discount Service (LDDS), a reseller of AT&T WATS lines to small businesses. . This act requires publicly-traded companies to meet new standards of reporting on internal controls and operating procedures, and holds the management, the board of directors, and the auditors AUDITORS, practice. Persons lawfully appointed to examine and digest accounts referred to them, take down the evidence in writing, which may be lawfully offered in relation to such accounts, and prepare materials on which a decree or judgment may be made; and to report the whole, together of the company much more accountable for the reported results of operations. Many pundits believe that it is just a matter of time before many nonprofits are subject to similar legislation. Many states are in the process of enacting legislation along the lines of Sarbanes-Oxley, especially in the areas which provide protection for whistle-blowers. California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). has already passed The Nonprofit Integrity Act, went into affect on January January: see month. 1. Similar legislation is being considered or has already been proposed in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Massachusetts Massachusetts (măsəch `sĭts), most populous of the New England states of the NE United States. , and several other states, while the Senate Finance
Committee is also considering reforms in this area. MIP MIPSee: Monthly income preferred security Software's Interim General Manager Ray Bechtold voiced the attitude that many of the other vendors also hold. "There is a lot of nervousness in the market right now with the whole accountability and transparency (1) The quality of being able to see through a material. The terms transparency and translucency are often used synonymously; however, transparent would technically mean "seeing through clear glass," while translucent would mean "seeing through frosted glass." See alpha blending. issue. There is concern by nonprofits and their boards with being accountable," Bechtold said. This push toward better controls and a more open understanding of where the money is going doesn't necessarily depend on legislation. To some extent, even with the Sarbanes-Oxley type legislation being considered or enacted at the state or federal level, many nonprofits are simply too small to be subject to many of the accountability provisions. While various government agencies are getting into the act, at the same time there is a growing desire of donors for accountability from charities and other participants in the nonprofit sector. It's not just about legislation and pressure from donors. Today's nonprofit senior executives and boards of directors want to have better information about how their efforts are paying off. "The rules have changed for nonprofit CFOs. Instead of just worrying about managing solid financial operations, CFOs know they must provide an unmatched level of transparency and comply with strict new regulations," said Blackbaud's Sywolski. "Failing to do so can mean the loss of vital funding sources and, at the extreme, their nonprofit status. CFOs must find more efficient ways to operate, absorbing ab·sorb tr.v. ab·sorbed, ab·sorb·ing, ab·sorbs 1. To take (something) in through or as through pores or interstices. 2. To occupy the full attention, interest, or time of; engross. the high cost of compliance while providing better information to their boards, auditors and stakeholders Stakeholders All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government. ." Serenic Software's Malik, hit the nail on the head. "It is indicative indicative: see mood. that these customers are trying to understand what [the software is going to do for me other than give me a better accounting system. How is it going to improve my efficiency?" Malik also noted that "There was a lot of influx of CFOs from for-profits into the nonprofit world. They obviously came from more modern technology sorts of business applications, so I think that the customer base got a little more data hungry." Saul from B2PCommerce agreed that the accounting software customers need more than financial statements. "That trend is changing accounting from tracking just how money was spent, to reporting the value that was created. And that is the linkage linkage In mechanical engineering, a system of solid, usually metallic, links (bars) connected to two or more other links by pin joints (hinges), sliding joints, or ball-and-socket joints to form a closed chain or a series of closed chains. between accounting and performance or accounting and results." According to Saul, "The most powerful trend in the industry is the transforming of what accounting really means to the sector. Some of the consolidation that is going on is [the result of] trying to address some of those concerns by providing a more complete, or suite-orientated, or integrated solution. Because accounting isn't is·n't Contraction of is not. isn't is not isn't be just counting numbers counting number n. A natural number. anymore." Saul also pointed out another fundamental difference between for-profits and nonprofits. "A nonprofit isn't about cash generation. The outcome of many nonprofits is to create an initiative. So therefore yes, financial accounting is a piece, but it is only a piece. You need a broad solution to measure the actual impact that this organization is having." The net result is that you can expect accounting software, especially in the nonprofit arena, to change to accommodate this increasingly desirable accountability. This is a departure from what is currently happening in the for-profit accounting software market. In the markets in which most of the vendors queried by THE NONPROFIT TIMES operate, most are not publicly traded, and therefore are not currently subject to the provisions of Sarbanes-Oxley. Because of this, most vendors are not actively incorporating large feature or structural changes to their for-profit accounting software products to accommodate increasing documentation and better internal control needs mandated by Sarbanes-Oxley. But, some of the vendors of nonprofit software are already in the process of integrating this capability into their accounting software offerings. Software vendors are thinking about the best way to implement this operational transparency. They also need to decide just how far to carry it. When a chaity sends out its solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual mailing bemoaning the fate of Pedro Pedro. For Spanish and Portuguese rulers thus named, use Peter. Pedro in marrying former mistress of enemy. [Ger. Opera: d’Albert, Tief land, Westerman, 371–374] See : Innocence , the three-legged Adj. 1. three-legged - having or as if having three legs; "a three-legged stool"; "a three-legged race" legged - having legs of a specified kind or number; "four-legged animals"; "a peg-legged man" Chihuahua Chihuahua, state, Mexico Chihuahua (chēwä`wä), state (1990 pop. 2,441,873), 94,831 sq mi (245,612 sq km), N Mexico, on the border of N.Mex. and Texas. The city of Chihuahua is the capital. , will it really need, or even want to have to follow up with a report on the family that eventually adopts this homeless animal? Come together, right now ... The apparent need and desire for more transparency and accountability in applying funds and quantifying results is also pushing some of the consolidation that's going on in the industry. According to Blackbaud's Sywolski, "Nonprofit CFOs care deeply about being more effective and efficient in how they manage their organizations. By default, that means having not only the best nonprofit accounting solution, but also having easy access to information from other critical operations." Suites of software are starting to become common, and will become even more so in the future. These suites consist of components that perform the operational function of accounting (ledgers, financial statements, etc.), a component that performs operations required by the type of nonprofit entity, such as donor The party conferring a power. One who makes a gift. One who creates a trust. donor n. a person or entity making a gift or donation. DONOR. He who makes a gift. (q.v.) management, endowment A transfer, generally as a gift, of money or property to an institution for a particular purpose. The bestowal of money as a permanent fund, the income of which is to be used for the benefit of a charity, college, or other institution. management, membership management, or event management, and a component that allows data from all of these constituent CONSTITUENT. He who gives authority to another to act for him. 1 Bouv. Inst. n. 893. 2. The constituent is bound with whatever his attorney does by virtue of his authority. components to be accessed and applied as a team, rather than as bits and pieces. Some vendors, such as Blackbaud and Best/MIP, have been working on this approach for years. Others, such as Kintera with its acquisition of American Fundware, are acquiring the pieces, intending to meld the technologies into a coherent A version of Unix developed by Mark Williams Co., Northbrook, IL, that was noted for its conservative use of resources on Intel-based PCs. whole. However, assembling an integrated suite of applications that enhance the accounting function is not the end goal for several of the software vendors. B2PCommerce's Saul said that he believes that many nonprofits are now, or will soon be looking beyond the software tools and applications. "What organizations are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. now is a solution--tools that are integrated into what the organization does. A lot of the time the issue isn't that the tool doesn't work well. It's that it doesn't fit into the work flow of the organization." At the bottom line, Saul said, the approach software vendors take will have to change. "It's the difference between providing a tool, and providing a solution." One area that's often overlooked when assembling a suite is the commerce aspects of many nonprofits. Many nonprofits are partially or even wholly funded by sales of products. Cougar Mountain Software Cougar Mountain Software is a privately-held company based in Boise, Idaho that markets accounting software to small to mid-sized companies. History Founded by Bob Gossett back in 1982, the company celebrated their 25th anniversary in 2007. has been addressing this market for years with its point of sale (POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale ) and e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. capabilities, something that has not been entirely overlooked by other vendors, such as Blackbaud and Best Software, which have their own POS applications. "A lot of nonprofits have some kind of retail function, like gift shops or other kinds of sales." Cougar Mountain Software's Stone explained. "We are finding a large number of our nonprofit customers are also buying our Point-Of-Sale point of sale n. pl. points of sale A business or place where a product or service can be purchased. Also called point of purchase. point module." Price-point With many nonprofits falling at the lower end of the range in terms of size and financial resources, all of those interviewed for this story agreed that price is an important consideration. Most were also in agreement that a low price alone does not always, or even usually, represent a good value. Serenic Software's Malik claimed that customers want software that offers more than just price. "Yes, they want more value, and they also want more technology." Cougar cougar: see puma. cougar or puma or mountain lion or panther Species (Puma concolor) of large, graceful cat that lives in a wide variety of habitats in the Americas, from southern Alaska to Patagonia. Mountain's Stone agreed with Malik and said that he believes that many nonprofits will benefit financially from a suite solution. "Face it, most nonprofits are on a limited budget and having a single set of software, from a single vendor, means that you are probably going to pay less for the overall suite ... You are also probably going to have an easier time maintaining that system, and that's got to mean lower cost overall." B2PCommerce's Saul noted that nonprofit software vendors must concentrate on the highest return on investment (ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). ) components." MIP/Bests' Bechtold added, "There is always price sensitivity, but I think the real issue is value proposition. Organizations understand that the sole objective is not to go out and find the least expensive software. Ultimately what matters is that the software that gets put into place meets their needs." American Fundware's Potts also thinks that the market is not particularly price-sensitive. "Small clients tend to focus on cost, because of limited resources. Larger clients focus on functionality and ease of use, and might use price as a tie-breaker." With some software, you can shop for a better price for the same piece of software because of the VAR network. They are independent vendors who compete for business. "In the partner model any publisher can publish a suggested list price. The prices may differ (between VARs) but it's not an issue of making more money," said Serenic's Mailik. "Price has to come down to meet different customers' needs." Room for improvement While many experts believe that software for performing the accounting function in a nonprofits is largely on a par with that available at for-profit entities, they also concur CONCUR - ["CONCUR, A Language for Continuous Concurrent Processes", R.M. Salter et al, Comp Langs 5(3):163-189 (1981)]. that there is still room for improvement. They do, however, diverge diverge - If a series of approximations to some value get progressively further from it then the series is said to diverge. The reduction of some term under some evaluation strategy diverges if it does not reach a normal form after a finite number of reductions. a bit in exactly where they expect this improvement to come. One area that everyone seems to agree on is that there is a continuing need for improvement in usability How easy something is to use. Both software and Web sites can be tested for usability. Considering how difficult applications are to use and Web sites are to navigate, one would wish that more designers took this seriously. See user interface and usability lab. . Microsoft's Fitzhenry explained, "Most nonprofits don't have an IT (information technology) department. They have a controller who might do IT some of the time and accounting the rest of the time. So who is the IT department? Probably a couple of volunteers who are computer consultants in the area who come in and help to update the version of Windows." It's important for staff to be able to run reports without help, he said. Usability is only one side of the coin. Keeping systems up and running, frequently only with the availability of volunteer help, is a often a major problem, especially for many smaller organizations. Cougar Mountain's Stone put it succinctly suc·cinct adj. suc·cinct·er, suc·cinct·est 1. Characterized by clear, precise expression in few words; concise and terse: a succinct reply; a succinct style. 2. : "I would submit that for many nonprofits, getting integrated solutions that work and are easy to maintain is one of their most important concerns." The crystal ball To some extent, nonprofit accounting software trails a bit behind what is available in the for-profit market. That means that nonprofit accounting software users can expect to see lots of features in the next generation of releases. These will bring a greater level of integration with the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the than now exists, as well as a greater amount of integration with standalone stand·a·lone adj. Self-contained and usually independently operating: a standalone computer terminal. customer relationship software applications (CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. ). It's not that better CRM integration is necessarily needed, nonprofits embraced Embraced is a Swedish melodic black metal band, formed in Malmö, Sweden in 1993. The band split up in 2000, and reunited in 2004. Line-up
"Nonprofit CFOs are increasingly turning to us for more than a software solution. They are asking us to partner with them to rework re·work tr.v. re·worked, re·work·ing, re·works 1. To work over again; revise. 2. To subject to a repeated or new process. n. the complicated internal processes that have evolved within their organizations over time," said Blackbaud's Sywolski. Software vendors are also concentrating on how to leverage the Internet better. You'll you'll Contraction of you will. you'll you will or you shall you'll will see nonprofit accounting products that are more useable over long distances, so geographically ge·o·graph·ic also ge·o·graph·i·cal adj. 1. Of or relating to geography. 2. Concerning the topography of a specific region. ge distant chapters of an organization can more easily and affordably consolidate Consolidate To combine the assets, liabilities, and other financial items of two or more entities into one. Notes: This term is generally used in the context of consolidated financial statements. results, rather than operate have hundreds of chapters doing their own accounting or outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. it. Both Cougar Mountain's Stone and Microsoft's Fitzhenry predicted that many accounting applications will incorporate Internet portals to open up the accounting and information system to widely dispersed dis·perse v. dis·persed, dis·pers·ing, dis·pers·es v.tr. 1. a. To drive off or scatter in different directions: The police dispersed the crowd. b. users. Application service provider (ASP asp, popular name for several species of viper, one of which, the European asp (Vipera aspis), is native to S Europe. It is also a name for the Egyptian cobra (Naja haja). ) applications, where the application is located on host servers and accessed over the Internet exist in the for-profit market, and are likely to migrate into the nonprofit market as well. This eliminates the need for the nonprofit to perform such tasks as software updates or even data backup, which will be a huge draw for smaller groups with highly limited personnel resources. MIP/Best Softwares' Bechtold also pointed out another major area of focus that will impact the nonprofit accounting software market in the near future--planed giving. With this aspect gaining increasing importance in the market, it will also gain increasing prominence prominence /prom·i·nence/ (prom´i-nins) a protrusion or projection. frontonasal prominence with the vendors which service the market. If the past is any indication, the things that you can count on in future software releases are that nonprofit accounting software will continue to become more feature rich and functional, and that this enhanced functionality will continue to become easier to use.
ACCOUNTING SOFTWARE
Product AccuFund Accounting Cougar Mountain
Suite (Standard) FUND Suite
Vendor AccuFund Inc. Cougar Mountain
Software
Operating System Windows 98,Windows 2000, Windows 2000,
Windows NT, Windows XP, Window NT,
Windows XP, Windows
XP Pro
Is the product Fund Accounting Fund Accounting
Fund Accounting,
General Accounting
or Both
The product Both Both
is sold
direct from your
firm, through a
reseller or both
Number of seats One, $895-$1,095 One//varies by number
in base model and depending of seats
cost for addi- on version
tional seats
Available modules Core system includes $2,999, includes
and the pricing: general ledger, encumbrances, project/
budgeting, accounts grant reporting,
payable, bank budgeting, cross period
reconciliation cash reporting
receipting,
financial report
designer, financial
report Excel
export, report and
forms designer
for $3,995 for single
user; accounts
receivable with
inventory, $1,295;
purchasing with
inventory, $1,295;
requisitions (requires
purchasing), $1,295;
payroll, $1,695;
employee timesheet
entry, $1,295;
human resources
(requires payroll),
$1,295; fixed
assets, $1,295;
utility billing,
$2,495; work orders
(requires utility
billing), $1,295;
business and use
tax, $1,295.
Your software Windows 98, Windows 2000, Windows
packages are Windows 2000, XP Pro
available in Windows NT Windows XP
Does your software Yes Yes
run on a network?
Which networks? Novel, Windows for Work- Peer-to-peer,
groups, Peer-to-peer, Windows 2000,
Windows Windows XP
NT, Windows XP, Linux
Do you provide Yes No
software upgrades
from your Web
site?
How often are Quarterly Every few months
updates available?
Do you charge No No
for updates?
Does your company No No
perform or plan
to operate
as an ASP
(Application
Service Provider)?
What is the Pentium III 800, 128 1.5 Ghz processor,
minimum hardware MB RAM, 10 GB free 1.5 GB hard
configuration hard drive space drive, 128 MB RAM
needed?
What hardware Pentium 4,1 GHz, 256 2 Ghz processor,
configuration RAM, XP Professional, 5 GB hard
do you recommend? 20 GB drive drive, 256 MB RAM
What is 25 percent of license Annual
your technical fees for unlimited Technical Support
support policy? phone support and Agreement, price
all upgrades based on level of
service needed
Contact AccuFund, Inc. Cougar Mountain
400 Hillside Ave. Software
(781) Needham, 7180 Potomac Drive
Mass. 02494 Boise, Idaho 83704
(781) 433-0233 (800) 388-3038
www.accufund.com www.cougarmtn.com
Product ForFund Accounting Fund Accounting
Software Series
and Donor Records
Vendor Mirasoft Executive Data Systems
Operating System Windows 98,Windows Windows 98,
2000,Windows NT, Windows 2000,
Windows XP, Macintosh Windows NT, Windows XP
Is the product Fund Accounting Fund Accounting
Fund Accounting,
General Accounting
or Both
The product Both Both
is sold
direct from your
firm, through a
reseller or both
Number of seats One, additional One, $400-$500 for
in base model and seats $500 additional seats.
cost for No extra charge
additional seats above two seats
Available modules General ledger, $2,000; General ledger,
and the pricing: accounts receivable, $1,000; accounts
accounts receivable, $800;
payable, encumbrances, accounts payable,
purchase orders, $800; payroll, $1,000;
project/grant reporting, purchase orders,
budgeting, fixed included; project/
assets, cross period grant reporting
reporting are included; included;
payroll, $999.95; budgeting, included;
encumbrances, $800;
fixed assets, $800;
cross period
reporting, $500;
invoicing, $800;
inventory, $800,
bank reconciliation,
$400
Your software Windows 98,Windows 2000, Windows 98,
packages are Windows NT, Windows XP Windows 2000,
available in Windows NT, Windows XP
Does your software Yes Yes
run on a network?
Which networks? Novel, Windows Novell, Peer-to-
for Workgroups, peer, Windows
Peer-to-peer, NT, Windows XP
Windows NT,
Windows XP
Do you provide Yes No
software upgrades
from your
Web site?
How often are One-two times a year 12-18 months
updates available?
Do you charge Free with Miracare Yes, free with
for updates? Maintenance Agreement support contracts
Does your company Yes No
perform or plan
to operate as
on ASP
(Application
Service Provider)?
What is the Pentium class, 64 Pentium III and 32 MB
minimum hardware MB RAM, 500
configuration MB disk drive space
needed?
What hardware Pentium class, 64 MB Pentium III and 32 MB
configuration RAM, 500
do you recommend? MB disk drive space
What is One hour a month 30 days free; annual
your technical included with support contracts
support policy? maintenance agreement available with
unlimited toll-
free calls and
free updates
Contact Mirasoft Executive Data Systems
865F Cotting Lane 1640 Powers Ferry
Vacaville, Calif. 95688 Road, Bldg. 14
(800) 414-3863 Marietta, Ga. 30067
www.mira-soft.com (800) 272-3374
www.execdata.com
Product Microsoft Business MIP Fund Accounting
Solutions, Advantage
Great Plains
Vendor Microsoft Business Best Software
Solutions
Operating System Windows 2000, Windows XP Windows 2000,
Windows NT,
Windows XP
Is the product Both Fund Accounting
Fund Accounting,
General Accounting
or Both
The product Through a reseller Through a reseller
is sold
direct from your
firm, through a
reseller or both
Number of seats in One, cost for Five, cost for
base model and additional seats additional seats
cost for varies by edition varies by model
additional seats
Available modules * Prices vary, General ledger, $6,900;
and the pricing: following are ranges: accounts receivable
General ledger, billing, $1,200;
$1,500-3,000; ac- accounts receivable
counts receivable/ reporting $1,200;
payable, $1,000: accounts payable,
-2,000; encumbrances, $2,600; encumbrances,
$2,000-3,500; project $1,200; purchase
accounting $4,000- orders, $1,200;
6,500; grant project/grant
management, $4,000- reporting included in
6,000; payroll, general ledger,
$1,500 to $10,000. payroll price,
$3,800; bud-
eting, 2,400; fixed
assets, 3,800; cross
period reporting in-
eluded in the
general ledger;
bank reconciliation,
$395; forms
designer, $395;
additional modales
available
Your software Windows 2000; Windows 2000,
packages Windows NT, Win- Windows NT,
are available in dows XP Windows XP
Does your software Yes Yes
run on a network?
Which networks? Windows XP Windows NT Windows XP
Do you provide Yes Yes
software upgrades
from your
Web site?
How often are Decline to provide Annually
updates available?
Do you charge Yes Updates are included
for updates? in maintenance plan
Does your company No No
perform or plan
to operate
as an ASP
(Application Ser-
vice Provider)?
What is the Dual Xeon 700 MHZ, Server. At least one
minimum hardware 2GB RAM, Pentium-class
configuration CD-ROM or Xeon processor
needed? (1.5 GHz or
faster), 1 GB RAM,
CD ROM drive,
100 Mbps Ethernet
connection from
server to networks
What hardware Dual Xeon 700 Workstation: Single
configuration MHZ, 4GB RAM, Pentium-class
do you recommend? CD-ROM processor 500 MHz,
256 MB RAM,
500 MB hand disk
space, 1024x768
resolution, 100
Mbps for network
components
What is Basic support Technical support
your technical required in the policy included in
support policy? first year general support
Contact Microsoft Business Best Software
Solutions 12301 Research Blvd.
1 Microsoft Way Austin,Texas 78759
Redmond,Wash. 98052 (800) 811-0961
(701) 281-6500 www.mip.com
microsoft.com/
business solutions
Product Peachtree Premium Quickbooks: Nonprofit
Accounting 2005 Edition
Vendor Best Software SB, Inc. Intuit Inc.
Operating System Windows 98, Windows 2000, Windows 98,
Windows NT, Windows XP Windows 2000,
Windows XP
Is the product General Accounting General Accounting
Fund Accounting,
General
Accounting
or Both
The product is Both Both
sold direct from
your firm, through
a reseller or both
Number of seats One, $499.99, multi-user One, $379
in base model $999.99
and cost for
additional seats
Available modules General ledger, $379 includes general
and the pricing: accounts receiv- ledger, accounts
able, accounts receivable, accounts
payable, purchase payable, purchase
orders, payroll, orders, budgeting,
budgeting, cross fixed assets
period reporting
included in
Peachtree Accounting.
Your software Windows 98,Windows Windows 98,
packages are 2000, Windows NT, Windows 2000,
available in Windows XP Windows XP
Does your software Yes Yes
run on a network?
Which networks? Novel, Peer-to- Novel, Peer-to-
Peer Windows peer Windows NT,
NT, Windows XP Windows XP
Do you provide No Yes
software upgrades
from your
Web site.
How often are Annually Annually
updates available?
Do you charge Yes Yes
for updates?
Does your company No No
perform or plan
to operate
as an ASP
(Application
Service Provider)?
What is the 300 MHz Pentium, 350 MHz Pentium
minimum hardware 64 MB RAM or equivalent,
configuration 96 MB RAM
needed?
What hardware 450 MHz Pentium II, 500 MHz, Intel
configuration 128 MB RAM Pentium or equivalent,
do you recommend? 256 MB RAM
What is 30 days free support Support plans available
your technical for first-time for purchase
support policy? customers; paid support
plans available
Contact Best Software Intuit. Inc.
1505 Pavilion Place 2700 Coast Ave.
Norcross, Ga. 30093 Mountain View,
(800) 228-0068 Cailf. 94043
www.peachtrec.com (650) 944-6000
www.quickbooks.com
ACCOUNTING SOFTWARE
Product Cougar Mountain Donor2 Accounting
FUND Revenue Center
Vendor Cougar Mountain Donor2/ Systems
Software Support Services
Operating System Windows 2000, Windows 2000,
Window NT, Windows XP
Windows XP, Windows
XP Pro
Is the product Fund Accounting Both
Fund Accounting,
General Accounting
or Both
The product Both Both
is sold
direct from your
firm, through a
reseller or both
Number of seats One//varies by number One, $750
in base model and of seats
cost for addi-
tional seats
Available modules $1,099, includes General ledger, $1,400;
and the pricing: order entry, accounts receivable
accounts receivable, $700; accounts
inventory payable, $700;
purchase orders,
$1,050; payroll,
$1,400; budgeting
(N/C);
Your software Windows 2000, Windows 2000,
packages are Windows XP Pro Windows XP
available in
Does your software Yes Yes
run on a network?
Which networks? Peer-to-peer, Windows NT,
Windows 2000, Windows XP
Windows XP
Do you provide No Yes
software upgrades
from your Web
site?
How often are Every few months Quarterly
updates available?
Do you charge No Free with
for updates? support contract
Does your company No No
perform or plan
to operate
as an ASP
(Application
Service Provider)?
What is the 1.5 Ghr processor, Pentium III ,128 MB RAM,
minimum hardware 1.5 GB hard 210 MB of free
configuration drive, 128 MB RAM hard drive space
needed?
What hardware 2 Ghz processor, Pentium 512 MHz
configuration 5 GB hard clients with 512 MB
do you recommend? drive, 256 MB RAM RAM; Pentium 1000
MHz server with 2
GB Ram
What is Annual Technical Unlimited support
your technical Support
support policy? Agreement, price
based on level of
service needed
Contact Cougar Mountain Donor 2/ Systems
Software Support System
7180 Potomac Drive 5550 77 Center
Boise, Idaho 83704 Drive, Suite 160
(800) 388-3038 Charlotte, N.C. 28217
www.cougarmtn.com (800) 548-6708
www.donor2.com
Product Fund Accounting Fund-E-Z
Non-Profit
Starter Kit
Vendor Executive Data Fund E-Z
Systems Development Corp.
Operating System Windows 98, Windows 98,
Windows 2000, Windows 2000,
Windows NT, Windows XP Windows NT, Windows XP
Is the product Fund Accounting Fund Accounting
Fund Accounting,
General Accounting
or Both
The product Both Both
is sold
direct from your
firm, through a
reseller or both
Number of seats One, $200-$300 for One, $1,000
in base model and unlimited seats. unlimited users
cost for
additional seats
Available modules General ledger, General ledger,
and the pricing: $400; accounts $1,980; accounts
payable, $400; receivable accounts
payroll, $500; payable en-
bank reconciliation, cumbrances, purchase
$400; fundraising, orders, project/grants
$500 reporting, budgeting,
cross period
reporting, direct;
and indirect
allocations,
fundraising are
included
Your software Windows 98, Windows 98,
packages are Windows 2000, Windows 2000,
available in Windows NT, WIndows XP Windows NT, Windows XP
Does your software Yes Yes
run on a network?
Which networks? Novel, Peer-to-peer, Novel, Windows for Work
Windows NT, Windows XP groups, Peer-to-
peer, Windows
NT, Windows XP
Do you provide No Yes
software upgrades
from your
Web site?
How often are 12-18 months Several times per year
updates available?
Do you charge Yes, free with Yes
for updates? support contracts
Does your company No Under consideration
perform or plan
to operate as
on ASP
(Application
Service Provider)?
What is the Pentium III and 32 MB 128MHz, 50
minimum hardware MB disk space,
configuration 64 MB RAM
needed?
What hardware Pentium III and 32 MB 256 MG RAM,
configuration 1 GB hard drive
do you recommend?
What is 30 days free; annual First year free, $490
your technical support contracts additional years
support policy? available with
unlimited
toll-free calls and
free updates
Contact Executive Data Systems Fund E-Z
1640 Powers Ferry Development Corp.
Road, Bldg. 14 106 Corporate
Marietta, Ga. 30067 Park Drive
(800) 272-3374 White Plains, MY 10604
www.execdata.com (877) 696-0900
wwwfundez.com
Product MIP Fund MIP Fund
Accounting Intro Accounting Pro
Vendor Best Software Best Software
Operating System Windows 2000, Windows 2000,
Windows NT, Windows NT,
Windows XP Windows XP
Is the product Fund Accounting Fund Accounting
Fund Accounting,
General Accounting
or Both
The product Through a reseller Through a reseller
is sold
direct from your
firm, through a
reseller or both
Number of seats in One, depends on One, depends
base model and the module on the module
cost for
additional seats
Available modules General ledger, General ledger, $2,795;
and the pricing: $1,295; AR accounts receivable
Intro split into reporting,
accounts receivable $695; accounts
reporting, $395 receivable billing
and accounts $895; accounts payable,
receivable billing, $1,495; encumbrances,
$495; accounts $695; purchase orders,
payable $695; project/ $695; project/grant
grant reporting reporting (included in
included in general ledger);
general ledger, payroll, $2,495;
payroll, $1,195; budgeting, $1,495;
budgeting, $695; cross fixed assets, $2,195;
period reporting cross period reporting
included general (included in general
ledger, bank ledger); several others
reconciliation, $395;
forms designer,
$395
Your software Windows 2000, Windows 2000,
packages Windows NT, Windows NT,
are available in Windows XP Windows XP
Does your software Yes Yes
run on a network?
Which networks? Windows NT Windows XP Windows NT, Windows XP
Do you provide Yes Yes
software upgrades
from your
Web site?
How often are Annually Annually
updates available?
Do you charge Updates are Included in
for updates? included with paid maintenance fee
maintenance
Does your company No No
perform or plan
to operate
as an ASP
(Application Ser-
vice Provider)?
What is the Server. Single Server. Single
minimum hardware Pentium-Class Pentium-Class
configuration Processor 500 MHz Processor 500 MHz
needed? or higher, 512: or higher, 512:
MB RAM, 2 GB MB RAM, 2 GB
hard disk space, hard disk space,
CD ROM drive, 100 CD ROM drive, 100
Mbps for network; Mbps for network;
What hardware Workstation: Single Workstation: Single
configuration Pentium-Class Pentium-Class
do you recommend? Processor 500 Processor 500
Mhz or higher, 256 Mhz or higher, 256
MB RAM, 500 Mb MB RAM, 500 Mb
hard disk space hard disk space
display capable of display capable of
1024x768 resolution, 1024x768 resolution,
100 Mbps for network 100 Mbps for network
What is Annual phone support Annual phone support
your technical is 20 percent: is 20 percent:
support policy? of the current price of the current price
of as licensed of as licensed
software; annual software; annual
software maintenance software maintenance
Contact is 10 percent of the is 10 percent of the
current price of all current price of all
licensed software licensed software
Contact Best Software Best Software
12301 Research Blvd. 12301 Research Blvd.
Austin, Texas 78759 Austin, Texas 78759
(800) 811-0961 (800) 811-0961
www.mip.com www.mip.com
Product Serenic Navigator-- Serenic Navigator--
Standard Professional
Vendor Serenic Software Serenic Software
Operating System Windows 98, Windows 98,
Windows 2000, Windows 2000,
Windows NT, Windows XP Windows NT Windows XP
Is the product Both Both
Fund Accounting,
General
Accounting
or Both
The product is Both Both
sold direct from
your firm, through
a reseller or both
Number of seats One, additional One, additional
in base model seat $1,175 seat $2,400
and cost for
additional seats
Available modules System manager, (Cost are at 20-user
and the pricing: $1,675; user price level) system
session, $1,175; manager, $5,195; user
general ledger with session, $2,375;
cross period general ledger with
reporting, cross period reporting,
1,995; accounts 5,995; grant
payable, management, $4,995;
$1,535; purchase accounts payable,
order with $2,795; purchase
encuimbrances, order with encumbrances,
$1,505; requisitions $2,795; requisitions
with commitments, with commitments,
$1,295; cash $2,095; cash management,
management, $3,695; advanced
$1,885; advanced budgeting, $4,395;
budgeting, $1,275; advanced allocations,
advanced allocations, $4,395; workflow
$1,275; currency management
management, $1,295; and approvals, $4,995;
accounts receivable, investment: management,
$1,535;sales order, $8,995; currency
$1,855; inventory, management, $1,295;
$2,095; project accounts receivable,
accounting, $2045; $2,795; sales order,
fixed assets, $2,795; inventory,
$1,955; payroll, $3,995; project
$4,075; advanced human accounting, $5,995;
resources, $1,400 fixed assets,
design tools, $3,795; payroll,
$2,100 $7,900; advanced
human resources, $6,500,
design tools, $2,100;
document manage-
ment, $2,895,
management, $16,995.
Your software Windows 98, Windows 98,
packages are Windows 2000, Windows 2000,
available in Windows NT, Windows XP Windows NT, Windows XP
Does your software Yes Yes
run on a network?
Which networks? Novel, Windows Novel, Windows
For Workgroups, For Workgroups,
peer-to-peer, peer-to-peer,
Windows NT, Windows NT,
Windows XP,TCP/IP Windows XP,TCP/IP
Do you provide Yes Yes
software upgrades
from your
Web site.
How often are Periodically Periodically
updates available?
Do you charge Yes Yes
for updates?
Does your company No No
perform or plan
to operate
as an ASP
(Application
Service Provider)?
What is the Pentium, 233 MHz Pentium, 233 MHz
minimum hardware client with client with
configuration 128 MB RAM, 128 MB RAM,
needed? Pentium 233 MHz Pentium 233 MHz
server with 1 server with 1
GB RAM running GB RAM running
Windows NT/2000 Windows NT/2000
server server
What hardware Pentium 512 MHz Pentium 512 MHz
configuration clients with 512 MB clients with 512 MB
do you recommend? RAM, Pentium 1000 RAM, Pentium 1000
MHz server with 2 GB MHz server with 2
RAM runningWindows GB RAM runningWindows
2003 server 2003 server
What is Annual maintenance Annual maintenance
your technical is mandatory: for is mandatory: for
support policy? updates and updates and
improvements. improvements.
Support mandatory Support mandatory
first year only. first year only.
Contact Serenic Software Serenic Software
7175 W. Jefferson Ave. 7175 W Jefferson Ave.
Lakewood, Colo. 80235 Lakewood, Colo. 80235
(877) 737-3642 (877) 737-3642
www.serenic.com www.serenic.com
Product The Financial Edge
Vendor Blackbaud
Operating System Windows 2000; Windows XP
Is the product Fund Accounting
Fund Accounting,
General Accounting
or Both
The product Both
is sold
direct from your
firm, through a
reseller or both
Number of seats One, additional seats $500
in base model and
cost for addi-
tional seats
Available modules General ledger, $2,000; accounts
and the pricing: receivable, 2,000; accounts
able, $2,000; purchase orders,
r1,500 ; project /grantreporting,
$1,500; payroll, $3,000; budgeting,
$1,500; fused assets, $2,000; cross
period reporting, included in base
rice; allocaton management
1,500
Your software Windows 2000; Windows XP
packages are
available in
Does your software Yes
run on a network?
Which networks? Windows 2000 and Windows 2003
Do you provide Yes
software upgrades
from your Web
site?
How often are Quarterly
updates available?
Do you charge No
for updates?
Does your company No
perform or plan
to operate
as an ASP
(Application
Service Provider)?
What is the Pentium III/Celeron 350 MHz,
minimum hardware 256 MB RAM
configuration
needed?
What hardware Pentium IV or Class 700 MHz,
configuration 256 MB RAM
do you recommend?
What is Unlimited with current
your technical maintenance agreement
support policy?
Contact Blackbaud
2000 Daniel Island Dr.
Charleston, S.C. 29492
(800) 443-9441
www.blackbaud.com
Product FundWare
Vendor Kintera
Operating System Windows 2000,Windows 2003
Is the product Both
Fund Accounting,
General Accounting
or Both
The product Both
is sold
direct from your
firm, through a
reseller or both
Number of seats One, $650
in base model and
cost for
additional seats
Available modules General ledger, $2,395; accounts
and the pricing: receivable, $2,395; accounts
payable, $1,995; encumbrances
and purchase orders are included
with accounts payable module;
project/grant reporting, $1,595;
payroll, $2,395; budgeting, $2,395;
fixed assets, $1,395; cross period
reporting included with general
ledger module; allocation manage-
ment, $1,995; advanced financial
reporting tool, $1,995; bank
reconciliation, $1,295; Excel-based
(live data link) reporting tool,
$1,295
Your software Windows 2000, Windows 2003
packages are
available in
Does your software Yes
run on a network?
Which networks? Windows 2000 Server, Windows
2003 Server
Do you provide Yes
software upgrades
from your
Web site?
How often are Quarterly
updates available?
Do you charge No, included with support
for updates?
Does your company Yes
perform or plan
to operate as
on ASP
(Application
Service Provider)?
What is the Pentium III 600 MHz for server,
minimum hardware no minimum for desktop
configuration
needed?
What hardware Pentium III 1266 MHz
configuration for server
do you recommend?
What is Various plans ranging from
your technical Internet-based to unlimited
support policy? phone support
Contact FundWare (Kintera)
6430 S. Fiddler's Green Circle, Ste. 500
Greenwood Village, Colo. 80111
(800) 551-4458
www.fundware.com
Product Non profit books
Vendor B2P Commerce
Operating System Windows 98SE,Windows 2000,
Windows XP
Is the product Fund Accounting
Fund Accounting,
General Accounting
or Both
The product Direct from firm
is sold
direct from your
firm, through a
reseller or both
Number of seats in One; $699 for five-user license
base model and
cost for
additional seats
Available modules General ledger, accounts receiv-
and the pricing: able, accounts payable,
project/grant reporting,
budgeting prices all included in base
product price of $399
Your software Windows 98SE, Windows 2000,
packages Windows XP
are available in
Does your software Yes
run on a network?
Which networks? Novel, Peer-to-Peer,
Windows XP
Do you provide Yes
software upgrades
from your
Web site?
How often are Semi Annually
updates available?
Do you charge Included with Premier Support plan
for updates?
Does your company No
perform or plan
to operate
as an ASP
(Application Ser-
vice Provider)?
What is the 64 MB RAM, 105 MB disk space,
minimum hardware 300 MHz or higher, Windows
configuration 98SE/2000/XP 256 color VGA or
needed? SVGA or higher resolution.
What hardware Same as above
configuration
do you recommend?
What is Free for installation. Additional
your technical port provided for customers
support policy? a purchase Premier Support for
$199 a year
Contact B2P Commerce Corp.
1001 West Van
Buren, 5th Floor
Chicago, Ill. 60607
(866) 327-9672
www.b2p.com
Product Serenic Navigator--
Fundamentals
Vendor Serenic Software
Operating System Windows 98, Windows 2000,
Windows NT, Windows XP
Is the product Both
Fund Accounting,
General
Accounting
or Both
The product is Both
sold direct from
your firm, through
a reseller or both
Number of seats Three, additional seat $995
in base model
and cost for
additional seats
Available modules General ledger, $1,995;Accounts
and the pricing: receivable, $1,995;AP, $1,995; en-
cumbrances, included in base
price; purchase orders, $995; pay-
roll, $ 3,995; budgeting, $995; cross
period reporting, included in base
price; system manager, $2,995.
Your software Windows 98, Windows 2000,
packages are Windows NT, Windows XP
available in
Does your software Yes
run on a network?
Which networks? Novel, Windows For Workgroups,
peer-to-peer, Windows NT,
Windows XP, TCP/IP
Do you provide No
software upgrades
from your
Web site.
How often are Periodically
updates available?
Do you charge Yes
for updates?
Does your company No
perform or plan
to operate
as an ASP
(Application
Service Provider)?
What is the Pentium, 233 MHz client with
minimum hardware 128 MB RAM, Pentium 233 MHz
configuration server with 1 GB RAM running
needed? Windows NT/2000 server
What hardware Pentium 512 MHz clients with
configuration 512 MB RAM, Pentium 1000
do you recommend? MHz server with 2 GB RAM
runningWindows 2003 server
What is Annual maintenance is mandatory
your technical for updates and improvements.
support policy? Support mandatory first year only.
Contact Serenic Software
7175 W. Jefferson Ave.
Lakewood, Colo. 80235
(877) 737-3642
www.serenic.com
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