Monthly Archives

October 2013

Fraud – Don’t Let It Happen To You

By | Nonprofit | No Comments

Fraud conceptIt’s always sad to read about fraud within the nonprofit sector we all love so much.

The most recent story in The Washington Post reports on how fraud is a problem affecting all types and sizes of nonprofits (which you can read here):  Inside the hidden world of thefts, scams and phantom purchases at the nation’s nonprofits

The report  highlights the potential for fraud and financial shenanigans, and how even large trusted institutions with significant infrastructure can be vulnerable.

It’s a great reminder how important formalized internal controls, board oversight to real financials, and financial software selection, set up, controls and audit trails are. These are the key bulwarks to spare nonprofits from this type of financial trauma and embarrassing publicity.

At Welter Consulting we help clients ensure proper security and controls every day. The report makes for sober reading, but there are guidelines and controls that can significantly improve security and drive accountability.

Take steps now to protect the reputation of your organization and ensure that your funds are safely directed to your mission and not falling prey to bad players.

MIP Fund Accounting Is Back

By | MIP Fund Accounting | No Comments

The truth is – MIP Fund Accounting never really left.  It has gone through several name changes.  The terrific fund accounting software that we all know as MIP has had at least three different names in the last five years:  Sage MIP Fund Accounting, Sage 100 Fund Accounting, and Abila Fund Accounting.

This has been due to company changes in ownership and brand.  The good news is that the same dedicated team that develops and supports MIP Fund Accounting has remained intact and committed to the software.  So even as the product is transforming for the future, with subscription and hosted modules, new mobile functionality and new enhancements to the current modules, continuing efforts to make the software increasingly easier to use – the company Abila is going back to its roots and is bring back the name we have been using in the field.

Welcome back MIP!

The History of MIP Fund Accounting from Abila on Vimeo.

Keep your passion focused on promoting healthy living

By | Healthcare | No Comments

iStock_000019788409LargeNonprofit Healthcare organizations have long been crucial community assets for ensuring that children, elderly, expectant mothers and those in need have access to the services needed for wellness.

You need funding to continue to provide those services and sound financial tracking and reporting of existing funding is the best measure to safeguard existing funding as well as position your organization for new awards.

Promoting healthy living, educating and servicing the health of your community and caring for the disabled, sick or injured are key functions of health organizations and Hospitals who trust Abila for our comprehensive yet easy-to-use fund accounting and fundraising software solutions.  It is our goal to help you focus your attention where it should be – on treating and supporting all persons with dignity and compassion.

Fund Accounting 100:

  • Easily create accurate, specialized financial reports for both internal and external key stakeholders with different reporting needs
  • Demonstrate accountability with unlimited budget versions and flexibility to accurately track and report on multiple funds, across multiple cost centers through varying budget periods
  • Maintain a clear audit trail no matter how simple or complex fund allocation, grant administration or data segmentation is for your organization
  • Configure and customize your system exactly how your organization needs to track and report on data

Fundraising:

  • Strengthen relationships with your supporters through targeted communications, solicitations, and acknowledgements
  • Easily track and manage donor-advised funds and donor-directed designations for highly-specialized fundraising campaigns
  • Capture donations via the Web, streamline online donation data entry, manage your grateful patient or sustaining giving program and maintain PCI-compliance with ease with complete payment processing right from the software
  • Grow your special events with the ability to plan, organize, and manage all aspects of your fundraiser within the system

The power of an integrated solution:

  • Improve accountability with organization-wide transparency and data consistency
  • Reduce duplicate data entry with seamless integration between the systems
  • Ensure data integrity of funds raised and disbursed
  • Control administration costs by leveraging solutions designed to work together

Welter Consulting is your one-stop resource to get the right solution, the best technology fit, and the expertise to implement and use those systems to the fullest in order to help the most people.

 

Tribal Organizations Turn to Welter Consulting

By | Abila, Native American Tribes, Nonprofit | No Comments

iStock_000025770792LargeNative American Tribal organizations have complex financial accounting needs.  Understanding those needs, Welter Consulting knows that Native American Tribal Councils, Education, and Healthcare organizations require solutions that address the financial tracking and reporting necessary for these tribal entities.

Abila software (formerly Sage Fund Accounting, MIP) has been used by Native American Tribal organizations for almost three decades. “The software has a great reputation among Native American Tribal organizations for good reasons,” said Vicki Welter, founder of Welter Consulting LLC.  “Abila’s Chart of Account structure makes it easy for Finance Directors to track multiple organizations within the tribe, address multiple fiscal years and cross fiscal year reporting, and provide the Council and other stakeholders comprehensive financial statements and reports.”

Abila Fund Accounting is used by over 8,000 nonprofit and government organizations.  Abila Fund Accounting has won multiple Campbell Awards for its feature set and customer satisfaction.

Welter Consulting helps Native American Tribal Organization purchase, implement and get the most from Abila Fund Accounting. Clients have their choice of custom onsite training, classroom training, or online web-based training to ensure staff members gain proficiency on the software.

Welter Consulting is headquartered in Lynnwood, Washington and serves Native American tribes as well as nonprofit organizations throughout the United States.