Contact Information: Press Contact: Cynthia Sutton Sage Software (703) 793-2700 x 3032 cynthia.sutton@sage.com
Sage Software's Sage MIP Fund Accounting Gives Animal Welfare Organizations In-Depth Reporting and Comprehensive Budgeting Tools
| Source: Sage Software
AUSTIN, TX -- (MARKET WIRE) -- February 20, 2007 -- Sage Software announced today that animal
welfare organizations across North America are continuing to choose its
award-winning Sage MIP Fund Accounting software for nonprofit financial
management. Sage MIP Fund Accounting helps animal welfare organizations,
like Bat Conservation International, Inc. (BCI), Best Friends Animal
Society, and Earthjustice, track and report on multiple funds, across
multiple budget periods, helping them meet reporting requirements and
demonstrate accountability to constituents.
"Sage MIP Fund Accounting is a necessary tool, like a microwave oven," said
Daniel Hill, controller for Oakland, Calif.-based Earthjustice, a nonprofit
public interest law firm dedicated to protecting the Earth's places,
natural resources, and wildlife, and to defending the right of all people
to a healthy environment. "The software consolidates our financial
transactions and produces valuable reports. Plus, through Citrix, all of
our satellite offices have full, real-time access to Sage MIP Fund
Accounting for transaction entry and report writing. Doing things
manually, or consolidating information from separate financial packages,
would be unacceptable."
Sage MIP Fund Accounting continues to be an easy-to-use solution, helping
animal welfare organizations demonstrate transparency and accountability.
Austin, Texas-based BCI, a nonprofit devoted to conservation, education,
and research initiatives involving bats and the ecosystems they serve,
chose Sage MIP Fund Accounting 19 years ago, after reviewing several
accounting systems.
"Sage MIP Fund Accounting provides the ease-of-use I wanted, while
providing virtually endless reporting options and saving me enormous
amounts of time when it comes to copying transactions, grouping reports,
and sending reports to Excel so that I can show data in a different format,
if necessary," said Linda Moore, director of finance for BCI. "The
software's budgeting component is absolutely the best. I cannot imagine
trying another fund accounting program."
Virgil Barstad, senior accounting analyst for Kanab, Utah-based Best
Friends Animal Society, an organization working with animal shelters,
rescue groups, and its members nationwide to bring about a time when there
will be no more homeless pets, said, "We were using another accounting
system, but had trouble with corrupted, sometimes irreparable, data files.
Sage MIP Fund Accounting promised to be more robust and error-free, and
this has proven accurate. With only accounts and classes as resources, the
other system did not offer enough variety in the types of entries we could
track. We wanted to track by account, department, division, IRS
designation of expense, and type of restriction, and Sage MIP Fund
Accounting's use of custom-made independent segments fulfills our needs
admirably."
Using the specialized fund accounting software, animal welfare
organizations, as well as nonprofits of all types and sizes, can plan and
manage budgets, maximize grants, and produce accurate customized reports in
minutes. "Sage MIP Fund Accounting contains general ledger data that is
easily consolidated into monthly reports for our board of directors," added
Hill. "The general ledger data also provides the basis for the creation of
audited financial statements, and Sage MIP Fund Accounting's reporting
functionality provides historical information that helps us develop our
annual budgets."
Sage MIP Fund Accounting's powerful reporting tools, table-driven charts of
accounts, and dynamic Drill-down Analyzer make it easy for auditors to
verify these organizations' financial statement accuracy and organization
to maintain a clear audit trail. The software also helps animal welfare
organizations report back to donors and their boards.
Moore explained, "Using Sage MIP Fund Accounting, I can report to our
donors about individual grants, including to what projects their donations
went, and where the dollars were spent. I love the amount of detail that
can be generated from the accounting system, and its audit trail is
amazing. I provide our independent auditor with details of all
transactions, plus I can go back any number of years to create a report for
any time period. Likewise, our Board of Trustees usually has a preference
regarding financial reporting. They tell me what they want and I can always
get Sage MIP Fund Accounting to generate the needed information. Love it!"
For more than 25 years, Sage Software has been helping nonprofit
organizations further their missions and better serve constituents through
the use of technology. Sage MIP Fund Accounting and the range of Sage
Fundraising product choices enable nonprofit organizations, regardless of
size and budget, to select a solution that best fits their needs. Sage MIP
Fund Accounting earned a coveted 2005 Campbell Award from Campbell Rinker
for its exceptional ratings in the Nonprofit Accounting Software Survey, a
nationwide survey of accounting software users.
For more information about Sage MIP Fund Accounting or other Sage Software
Nonprofit Solutions, visit www.sagenonprofit.com or call 800-647-3863.
About Sage Software
Sage Software supports the needs, challenges and dreams of more than 2.7
million small and mid-sized business customers in North America through
easy-to-use, scalable and customizable software and services. Our products
support accounting, operations, customer relationship management, human
resources, time tracking, merchant services and the specialized needs of
the construction, distribution, healthcare, manufacturing, nonprofit and
real estate industries. Sage Software is a subsidiary of The Sage Group
plc, a leading international supplier of accounting and business management
software solutions and related products and services for small and
mid-sized businesses. Formed in 1981, Sage was floated on the London Stock
Exchange in 1989 and the Group now has 5.2 million customers and employs
over 13,000 people worldwide. For more information, please visit the Web
site at www.sagesoftware.com/moreinfo or call (866) 308-2378.
© 2007 Sage Software, Inc. All rights reserved. Sage Software, the Sage
Software logo and the Sage Software product and service names mentioned
herein are registered trademarks or trademarks of Sage Software, Inc. or
its affiliated entities.