AvidXchange: Association Management

FEBRUARY 2, 2024

. • Industry: Community Association Management • Accounting System: Enumerate (formerly Topps) • Customer Since: 2018 Accounts Payable Tasks Consume Valuable Community Manager Time PMSI works with a wide variety of condo and community associations in the Southeast, providing a range of services depending on their unique needs.

Process 130

Process Association Management Georgia Florida 130

AvidXchange: Association Management

NOVEMBER 9, 2022

Thirty-six percent of survey respondents are focusing their investments on automation, including accounts payable (AP) solutions that replace manual back-office processes like invoice processing and bill pay that are critical to operations. Where are companies putting their technology investment dollars?

Survey 130

Survey Cost Technology Process 130

AvidXchange: Association Management

MAY 30, 2023

Finance Employees Want to Know They’re Doing Meaningful Work 10% don’t feel at all connected to the mission or purpose of their organization. Educating finance employees on the impact of their insights and how they drive business results can lead to higher career satisfaction. . …

Association Management 130

Association Management Tools Technology Industry 130

Association Analytics

FEBRUARY 14, 2023

We could rely on the accounting system, but only for things that were created and contained within a journal entry. If it’s not enough to consider the human resource impact, consider this instead: while I was working full-time, I obtained my business degree and took many very useful courses in marketing, economics, statistics, and finance.

Discount 321

Discount Leadership Tools Resources 321

AvidXchange: Association Management

DECEMBER 17, 2021

Why should you as a finance pro for a community association management (CAM) company start using accounts payable (AP) automation for homeowner association (HOA) management? Reason 1: More time to provide services to customers As a finance pro, your ultimate mission is not to spend big portions of your time doing paperwork.

California 130

California Process Survey Association Management 130

Reid All About it

APRIL 5, 2024

Hear how to build and maintain trust on teams, spot potential trouble early, and foster a culture of accountability for project success. Explore ways to enhance visibility, financial communications, accountability, improve management of financial resources, and optimize the impact of financial reporting and messaging. 1 CAE credit. .

Revenue 256

Revenue Price Denver Tools 256

AvidXchange: Association Management

APRIL 27, 2021

After all, they’re responsible for communicating with boards, maintaining properties, and managing finances. Often, these systems can connect with others, such as accounting, to streamline processes. The process is both time consuming and tedious when accounting for the quantity over time.

Association Management 130

Association Management Products How To Software 130

Nimble AMS

FEBRUARY 3, 2022

These tools can help you minimize busywork, grow your membership with intelligent tech, straighten up your finances and much more. Whether you’re looking for tools for accounting, event management, fundraising or something else in your operation, we’ve got you covered. Accounting and Payment Tools.

Tools 141

Tools Software System Library 141

NXUnite

DECEMBER 13, 2023

Mission-Driven Startups That Serve Nonprofits The following mission-driven companies offer a wide range of services to nonprofits, covering areas such as technology, finance, governance, and marketing. With a powerful team, expansive network, and innovative marketing strategies, they’ll make sure your business’s impact is felt.

Software 130

Software Discount Tools Resources 130

Nimble AMS

JUNE 22, 2023

No surprise here: The finance professionals on your board are focused on numbers. You will also have advanced accounting functionality that meets FASB regulations and PCI compliance. 4. With seamless upgrades, your organization will have the benefit of always being on the same version of the product as everyone else. Membership.

How To 106

How To Software Revenue Technology 106

Nimble AMS

NOVEMBER 25, 2022

Board reports also summarize committee reports about governing finances or other vital organizational activities. Accounting: Incoming and outgoing payments . Accounts: People who set up accounts with your association, such as members or businesses, and their payment and personal information .

Software 127

Software Association Management Proposal Committee 127

Reid All About it

APRIL 12, 2024

Hear how to build and maintain trust on teams, spot potential trouble early, and foster a culture of accountability for project success. Explore ways to enhance visibility, financial communications, accountability, improve management of financial resources, and optimize the impact of financial reporting and messaging. 1 CAE credit.

Revenue 256

Revenue Strategy Price Newsletter 256

Associations Now

JANUARY 18, 2019

Despite evidence that embracing modern tech helps strengthen finance departments, only 1 in 10 appear to be taking a tech-forward approach, according to an AICPA survey. More than 80 percent of “digital finance leaders” claim, respectively, that they’re offering compelling digital experiences and that they’re able to meet the public’s needs.

Report 72

Report Survey Team Process 72

AMG

MAY 1, 2023

Financial Management As an HOA community manager, you must manage the finances effectively. Ensure that all expenses are accounted for, and there are enough funds to cover essential expenses such as insurance, maintenance, and upgrades. Create a realistic budget and maintain a reserve fund for emergencies.

Tips 105

Tips How To Communications Leadership 105

Achieve

JANUARY 12, 2022

However, nonprofit accounting is essential to effective operations at the organization. . how nonprofit organizations manage their finances will dictate the organization’s operational success. accounting for nonprofits. , but it allows accounting teams to make financial decisions that will lead the organization to future growth.

Report 59

Report Revenue Team Cost 59

Associations Now

SEPTEMBER 12, 2018

In a new ad campaign, the Institute of Management Accountants highlights how its CMA certification program prepares industry professionals for the rise of automation. Despite some challenges, the technology has also offered management accountants the opportunity to grow and focus on making key strategic business decisions.

Certificate 73

Certificate Press Release Analysis Technology 73

Achieve

JULY 21, 2022

However, organized and accurate accounting is critical to your nonprofit’s operations because it allows you to uphold your tax-exempt status. . let’s review what makes this form such an important part of nonprofit accounting. . Gives nonprofits the chance to assess their finances. In particular, there’s a specific.

Atlanta 52

Atlanta Maine Florida Report 52

Reid All About it

JULY 21, 2023

Nonprofit Management Series: Finance and Budgeting Many professionals in the association and nonprofit space have never been fully exposed to financial statements, budgeting, and how to be a proper steward of your organization’s resources. What is IT’s accountability/role in developing overall strategy for their organization?

Atlanta 195

Atlanta millennials Price Technology 195

Spark Consulting

JUNE 8, 2022

(On a related note, this is why clients often include an implementation retainer – it’s a lot easier to stay on track and actually do real-time evaluation when you have an accountability buddy asking you about those things every week or two.). Her finance department? Is the member herself? Her spouse?

Discount 195

Discount Examples System Resources 195

Nimble AMS

DECEMBER 3, 2021

Finance – No surprise here: The finance professionals on your board are focused on numbers. And, that you will have proper accounting functionality that meets FASB regulations and PCI compliance.

How To 127

How To Software eBook Technology 127

Reid All About it

APRIL 19, 2024

Host: Meetings Today Speaker: Joan Eisenstodt, Principal, Eisenstodt Associates, LLC Wed 4/24 at 2 p.m. – Finance and Business Operations (FBO) Monthly Virtual Meetup Discuss what is keeping you up at night. Host: ASAE Finance and Business Operations Professionals Community Thu 4/25 from 9 a.m. More info/register (ASAE members only).

Newsletter 250

Newsletter Content Social Media Education 250

AvidXchange: Association Management

JULY 17, 2020

Between managing HOA finances, maintaining properties and communicating with their association boards, management companies have a lot to juggle. Fortunately, there are cloud-based solutions that can automate the accounts payable (AP) and payment process. These teams should do more than just execute against a project plan.

Association Management 130

Association Management Technology Team Education 130

Jamie Notter

JULY 30, 2018

You don’t just randomly ask staff people to make sure all your financial management tasks get done—you have a finance department. Presuming that you are intentionally moving your culture in a specific direction (more transparency, stronger capacity for innovation, increased emphasis on accountability, etc.), Give culture a home.

Tips 166

Tips Course Team Innovation 166

Association Adviser

FEBRUARY 25, 2018

Finances/accounting. Finances/accounting. -. This poll is open till 31-03-2018 -. remaining only 1 month. All - we use a full-service AMC. Board management. Strategy/visioning. Event planning/management. Chapter management. Executive services. Start-up services. All - we use a full-service AMC. -. Board management. -.

Association Management 61

Association Management Event Planning Strategy 61

Associations Now

APRIL 8, 2020

Andrea Wilson, partner at BDO, an international accounting and tax advisory firm, said associations should look at their finances realistically and assess where they are and where they’re headed if the current trajectory holds. How an association acts will depend on its individual finances. “I

Organization 122

Organization Resources Cost Tips 122

Associations Now

MARCH 24, 2017

A report from the American Institute of CPAs and Oracle shows how finance leaders are embracing a new finance model, as well as the skill sets required of their teams. These include having crossfunctional and integrated teams, digital technology expertise, and nontraditional finance skill sets.

Report 63

Report Analysis United States Team 63

Achieve

JUNE 17, 2021

You may care a lot about finances and accounting, too, but you also might not. But boring or not, your nonprofit’s finances are critical for multiple reasons. To avoid these problems and many more, consider looking to a nonprofit finance expert for guidance. But how can you be transparent about your finances?

Atlanta 52

Atlanta Resources Software Revenue 52

Virtual

JANUARY 5, 2016

Finance/Accounting. Legal and Finance teams will be working closely together and with the rest of the teams. The Finance and Accounting teams should have checkbooks on hand for any payments required to get systems operational: furniture, fixtures, workspace, services, etc. Marketing and Communications.

Massachusetts 100

Massachusetts Team Committee Technology 100

GrowthZone

JUNE 21, 2021

Maintain finances and accounting. CC-Assist Mobile is an app providing access to information about members, events, and accounts receivable. Accounting and payment processing. Financial management and accounting. Manage membership data and communications. Grow membership. Simplify event and exhibit management.

System 148

System Software Directory Membership Management 148

Association Alert

SEPTEMBER 5, 2023

The stated purpose of the law is to address “the disclosure of corporate ownership and the prevention of money laundering and the financing of terrorism.” The Corporate Transparency Act (the “CTA”) was enacted by Congress on January 1, 2021 (31 USC 5301, et seq.). So how does this relate to my Association?

Wisconsin 118

Wisconsin United States Report System 118

Associations Now

MAY 19, 2017

Through a partnership with IBM, the Maryland Association of Certified Public Accountants is training CPAs on technology such as artificial intelligence and data science—and preparing them for a rapidly changing landscape. That’s making our CPAs and finance professionals very uncomfortable.”.

Maryland 78

Maryland Technology Course Innovation 78

Ungrated

APRIL 9, 2020

Failing to do so may impair an association’s ability to pays its bills, provide essential services, acquire financing for continued operations, and may impact the ability of a potential purchaser to obtain a mortgage. Attorneys say associations should continue to collect.

California 81

California Washington Industry 81

Associations Now

SEPTEMBER 11, 2017

But because nonprofits aren’t accountable to stockholders or shareholders the way that corporations are, many assume that nonprofit execs are given more latitude in terms of financials, unless there’s a case of malfeasance or something similarly egregious. Perhaps the first thing to recognize is that managing finances is not a one-person job.

North Carolina 68

North Carolina United States Review Strategy 68

MultiBriefs

APRIL 4, 2024

This approach acknowledges and takes into account technological advancements, consumer attitudes, shifts in culture and even historical events when creating a strategy. It recognizes that these various age groups — baby boomers, Generation Xers, millennials and Gen Z — have unique experiences, values and communication styles.

Strategy 52

Strategy Marketing millennials Social Media 52

Association Alert

FEBRUARY 28, 2023

The Association sent the Unit Owners’ account to Husch Blackwell for collection. A timeline to turn delinquent accounts over to collection attorney at 60-90 days past due. Husch Blackwell proceeded to file a statement of condominium lien against Unit Owners’ unit. A grievance procedure. Let us help with any issues that may arise.

Wisconsin 62

Wisconsin Cost Team Communications 62

Association Reserves

MARCH 29, 2023

Accounting for expenditures is an important decision point for managers and board members. Meanwhile, spend money from the Reserve account for this project, and prepare for higher Reserve Funding requirements. So, is it an Operating expense or a Reserve expense to repair a sprinkler, light fixture, lobby chair, or roof?

Project 52

Project Cost Organization 52

Association Adviser

MARCH 29, 2018

In this casual poll, exactly half of respondents chose “Finances/Accounting” as their reason for contracting with an AMC while the other half chose “Event Planning/Management” as their motivation for working with an AMC.

Maine 62

Maine Event Planning Communications Cost 62