Using credit responsibly
By James R. Cook In today’s world, just about everyone uses credit to obtain the things that they want or need, but do not have the cash on hand to pay for immediately.
Read More >FINANCE Archives - Page 27 of 60 - Church Executive
What cloud computing can do for your church’s financial reporting
Like any other organization, it is necessary for a church to compile financial reports on a regular basis. Many churches use Microsoft Excel, which requires constant manual data input from a user on a designated device. The problem with this system is that configuring the information for specific reports requires a lot of work […]
Read More >When you present your ministry to a potential financial partner, what will the lender look for?
By Dan Mikes You’ve been offering two or three weekend worship services for quite a while, you are regularly filling more than 80 percent of the seats available in your worship facility, and you are at maximum capacity in the children’s space. Understandably, your leadership team has decided it is time to expand.
Read More >ON THE MONEY: 3 seasoned financial experts talk about church leaders’ biggest challenges, and how to tackle them
By RaeAnn Slaybaugh Since 2002, Rev. Dr. Day has held numerous positions with MMBB, including providing service to members and employers. Now, she serves as director of development. In her career, Day has also served as an area minister, senior pastor, and director of campus ministry. She holds both MDiv and DMin degrees. One thing […]
Read More >Strategies for cultivating major gifts
Did you know your church management software — and the data within it — can be a big help? When a church leader considers ways to drive major gifts, church management software / systems (ChMS) probably isn’t their first thought. Why should this tool spring to mind? Scott Romig: Unfortunately, church management systems are still […]
Read More >Financial reserves: does my church really need them?
By Kari Boyce We talk to church leaders every day. Our team understands your concerns about meeting your ministry’s needs today and tomorrow. I’m going to show you that saving for a “rainy day” is being a good steward — and generous and wise, to boot!
Read More >Get with the times: 10 “Millennialisms” to engage with your congregation
People born between 1981 and 1996 are quickly becoming the dominant demographic in our society, even surpassing the Baby Boomers by 8 million. Known as Millennials, they make up more than one-third of the work force, and many from the earlier years of this generational window are now having families of their own. As Millennials […]
Read More >Sage Broadens Vertical Market Reach with Powerful New Products at Sage Intacct Advantage 2018
Industry-First Solution Helps Nonprofits Address New Revenue Recognition Guidelines NASHVILLE – October 24, 2018 – Sage, the market leader in cloud business management solutions, today unveiled new innovations purpose-built for several key vertical markets onstage at Advantage 2018. They include Sage Intacct Revenue Recognition for Nonprofits, Sage Intacct Billing Workbench for software and technology companies, and new features for distributors […]
Read More >Michigan Church Extension Fund formally selects Kindrid as its preferred digital giving provider
Churches will experience a premium digital giving solution to securely accept gifts via text, online, app, and kiosks, as well as seamlessly manage reporting and integrations Ann Arbor, MI – Kindrid is pleased to announce a new partnership with the Michigan Church Extension Fund (CEF), which formally named Kindrid as its preferred digital giving platform […]
Read More >The One. The Few. The Many.
By Kristine Miller Taken from Aristotle’s view of a balanced democracy, “the one, the few, and the many” refers to the segments that shape our communities and organizations. In our churches, the one, the few, and the many reflects the various ways in which people engage in ministry and giving. Typically, churches implement a one-size-fits-all […]
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