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What is GMS Accounting Software?

The GMS Accounting and Financial Management Reporting System is unlike typical commercial accounting systems or those designed for government fund management, as it is specifically crafted to address the specialized requirements of accounting for contracts, grants, and program activities relevant to nonprofit and public organizations. This software has been carefully engineered to meet the distinctive challenges faced by these entities, ensuring that their financial reporting is both accurate and compliant. In addition, the GMS Revolving Loan Servicing Software is a robust and comprehensive solution that features one of the most efficient portfolio management tools on the market. With the ability to effectively handle nearly any loan program, it not only supports the daily operations of portfolio management but also provides extensive reporting capabilities. Our system guarantees that all reporting adheres to current state and federal regulations, satisfies audit requirements, and supports the documentation needs of both the Board of Directors and the management team, thereby significantly improving organizational transparency and accountability. Consequently, this software is an essential resource for organizations aiming to optimize their financial workflows and enhance operational efficiency. Ultimately, the combination of these systems allows for better financial oversight and strategic decision-making within nonprofit and public sector organizations.

What is FastFund Online Accounting?

A software solution designed specifically for fund accounting and non-profit organizations caters to their distinctive financial requirements. This unique SaaS platform offers an integrated approach to fund management, fundraising through CRM systems, and payroll processes. Users can generate FASB-compliant reports, as well as prepare comprehensive grant reports, audits, and the annual IRS Form 990. Emphasizing transparency in financial reporting, it ensures responsible management of donor funds. The system meticulously tracks all functional expenses, grants, and program activities. Its accounting features encompass Accounts Payable, Accounts Receivable, Direct and Indirect Cost Allocations, and Purchase Orders. The payroll functionality enables the assignment of employee salaries and payroll taxes to specific programs based on hours worked or set percentages. Additionally, the fundraising component monitors all donor interactions, issues donation receipts, and concludes the year with detailed donor statements. To assess the effectiveness of fundraising campaigns, it allows for tracking of various fundraising activities. Ultimately, this tool equips management with essential resources to oversee all programs, ensuring the continuous support and sustainability of the organization's mission while fostering accountability and strategic growth.

Media

Media

Integrations Supported

Ariane Systems
Cloud Raxak
RateBoard

Integrations Supported

Diversified Billing
FastFund Nonprofit Fundraising
Martus

API Availability

API Availability

Pricing Information

Pricing not provided
Free Trial Offered?

Pricing Information

$42.00/month
Monthly licensing fees. Bundles discounts available.
Free Trial Offered?

Supported Platforms

Windows

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Documentation Hub
Webinars
Online Training

Company Facts

Organization Name

GMS

Date Founded

1980

Company Location

United States

Company Website

www.gmsactg.com

Company Facts

Organization Name

Araize

Date Founded

1985

Company Location

United States

Company Website

www.araize.com

Categories and Features

Accounting

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
Cash Management
Expense Tracking
Fixed Asset Management
Fund Accounting
General Ledger
Government
Nonprofits
Project Accounting
Purchase Orders
Tax Management

Grant Management

Contract Management
Grant Award Tracking

Medical Accounting

Not specified

Categories and Features

Fund Accounting

Accounts Payable
Accounts Receivable
Activity Tracking
Bank Reconciliation
Budgeting & Forecasting
Donor Management
General Ledger

Medical Accounting

Not specified

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