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Tangicloud

A cloud-based fund accounting solution designed for nonprofits and governments
Questions about Tangicloud? Call (800) 827-1151 and talk to a software expert now.

Cloud Accounting Software Built Just for You

Your organization is used to making miracles happen. You work long hours and serve multiple constituencies with heroic efforts to be transparent and impactful. Don’t you deserve an accounting software package designed to give you better support?

There are a lot of software companies looking to expand their markets by jumping into the nonprofit world. But our founders have been focused on your needs for over 15 years and we understand the importance of providing complex solutions at a fair price for even the smaller organizations. That’s why you’ll find a complete solution at each of our multiple pricing levels. We love building more features for you.

Microsoft cloud computing on a foundation of Microsoft Dynamics NAV – just for you

Tangicloud is a Microsoft cloud-based solution which will always be updated with the latest upgrades and patches provided by Microsoft with no extra effort or cost for you. When you choose cloud computing, updates are often unfelt either at the screen or in your pocketbook.

And the foundation of Tangicloud is based on a world-class ERP solution called Microsoft Dynamics NAV, built for web and mobile deployment. This means you’ll have access to a powerful, flexible, and robust accounting and operational solution that has fund accounting built in specifically for your needs.

Work anywhere, any time and off of most devices

By building the Tangicloud solution on Microsoft Dynamics NAV and deploying it in the Microsoft cloud, we know you and your colleagues will enjoy the freedom of working anywhere, anytime, and on multiple devices. All you need is access to the Internet and you can check the operations of your organization at any time.

Complete Solutions

We at Tangicloud Technologies are honored to work in an industry so focused on creating a positive impact in the world. That’s why our business model also includes a focus on great communications. We know your industry expertise is greater than any software developer. So we listen to you and grow our product based on your feedback. Top down, our organization is focused on building a relationship with you, not just selling you a solution. Call us, email, reach out. We’d love to work with you today and for years to come.

Key Functionality

Fund Accounting & Core Financials – There is no reason to offer an incomplete core financials package to nonprofits and governments. So at every level, Tangicloud is offers a package to completely suit your needs, including:

  • General ledger with multiple dimensions
  • FASB/GASB compliant fund accounting and reporting
  • Line-level allocations to accurately assign costs to funds and dimensions
  • Budgetary control and approvals to proactively manage expenses
  • Complete audit trails

Contacts with Donation Management - Track not only what donations you have and where they need to be allocated (restricted, unrestricted, or temporarily restricted funds), but who has made donations to you in the past, so you can contact them again.

Fixed Assets – Manage your organization’s assets throughout their lifetime value and depreciate them according to GAAP guidelines.

Grant Management – Cover all of your administrative tasks required to track proposals, awards, sub awards and contracts with Tangicloud’s Grant Management functions. Our Grants Management features will make you more competitive for securing grants and managing compliance.

Vendors – Manage expenses from requisitions to purchase orders to invoices to payments with detailed tracking of commitments and encumbrances through the entire procurement life cycle.

Customers – Your customers purchase your services and products and as leaders in your nonprofit or government community it is important to have up-to-the-minute accurate information; from what they owe to what invoices you generated for them. And you can stay in touch by having complete contact information that you can use to generate monthly statements and bill reminders.

Allocations

No nonprofit or government should operate without the ability to allocate across funds and dimensions. With Tangicloud you can allocate funds in a flexible, complete and balanced way, always staying in compliance with GAAP guidelines.

Audit Trails

Every transaction in Tangicloud is recorded and kept, even when fixing accounting errors. This makes your annual audits much easier and keeps your organization at the forefront of accounting best practices. You can drill down to any transaction on your books right from the general ledger so you always know where your organization stands.

Banks

Reconcile your monthly bank statements with ease using Tangicloud’s reconciliation tools. You can have unlimited bank accounts so you can track accounts wherever your needs arise.

Budgets

Move beyond spreadsheets and inconsistent application of budgeting principles with Tangicloud’s budgeting features. Part of the overall Tangicloud solution for nonprofits and governments, you can set your budgets and approvals with automatic processes, and tap into your GL for the most accurate and up-to-date data possible for managing your organization’s needs.

Contacts with Donation Management

Constituent and citizen relationship management is provided with the ability to record pledges, gifts and other revenues.

Customers

Your customer records in Tangicloud allow you to monitor who specifically you’re working with within each customer company, what services or products they’ve purchased most often, what they currently owe, and what their history of transactions consists of. You can monitor this information with a statement of activity or simply drill down into transactions to keep a close eye on your cash flow.

Endowments

Beyond tracking donations, Tangicloud supports your organization with endowment management features that help you maintain your principal investments, while freeing up income for more immediate financial needs. You can easily set rules and approvals to protect your principal while allowing the kinds of withdrawals your organization needs for its daily operations. (to be released in 2017)

Expense Reports

By using cloud technology, your employees can now enter expenses as they happen instead of being in a perpetual mode of trying to catch up with their reporting requirements. They can use expense reporting tools like Expensify to link their receipts to your Tangicloud system, making your back office team’s work more accurate and less time consuming.

Fixed Assets

Manage your organization’s assets throughout their lifetime value and depreciate them according to GAAP guidelines.

Funds

Whether your organization needs to track restricted, temporarily restricted, or unrestricted funds in the day-to-day work you do, or has a combination of fund types, Tangicloud will help you see at a glance where your money is and how you can use it to best fulfill your mission. And you can manage and report on these funds with FASB/GASB reporting compliance.

General Ledger

Your Tangicloud General ledger with multiple dimensions to best allocate funds to proper portions of your organization to support FASB/GASB compliant reporting

Grants

Cover all of your administrative tasks required to track proposals, awards, sub awards and contracts with Tangicloud’s Grant Management functions. Our Grants Management features will make you more competitive for securing grants and managing compliance.

Inventory

With Tangicloud you’ll be able to track your inventorybased on any of the three major methods of accounting for your stock: FIFO, LIFO or Average Cost. Plus, your inventory will be as up-to-date as you need, when staff have access to their data entry functions via the web on multiple devices.

Multiple Companies

Manage multiple companies that are owned by your primary organization.

Multiple Currencies

Do you work with employees, offices, or clients from different parts of the world? We manage multiple transaction, grant and reporting currencies to provide the maximum flexibility to operate across the globe.

Purchase Orders with Line-Level Encumbrances

Planning ahead is the sign of a well-run organization, and one of the best ways to plan ahead with the detail necessary to avoid negative financial surprises is to deploy a software with encumbrance accounting in place. No more accidentally spending portions of your budget twice. You create purchase orders and management can approve or disapprove those orders based on the encumbrances in existence already.

Requisitions with Commitments

Replace your paper forms with an accounting software package designed to meet the needs of your staff and the requirements of your cash management. With Tangicloud’s requisitions and commitments your team can request and approve funds based on what’s truly available at the time of request and never go over budget without management approval.

Time Sheets

Remove the hassle of weekly time sheets by deploying the Time Sheets function within Tangicloud. Because your staff can access Tangicloud based on their permissions from anywhere at any time, you’ll spend less time chasing after tardy timesheet submissions and spend more time managing your valuable human resources. Improve effort tracking against grant expenditures to improve your ability to support future grant proposals.

Vendors

Build great vendor relations by tracking contact information, accounts payable by invoice, date, or subject, and even plan your payments as your budget allows.

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