About FIMS
FIMS is a financial management software from Npact that supports efficient financial reporting and analysis. It provides tools for budget tracking, expense management, and financial forecasting so organizations can maintain accurate financial oversight. Designed for ease of use, FIMS integrates with existing accounting systems and offers customizable reporting capabilities to meet specific organizational needs. This software is equipped with features that help users generate comprehensive financial statements and monitor key performance indicators effectively. Key capabilities: budget tracking expense management financial forecasting customizable reporting integration with accounting systems Best for: finance teams and organizations that need efficient management of financial processes.
FIMS by NPact is a powerful, purpose-built Foundation Information Management System that provides a rare and valuable combination of grant management, robust fund accounting, and donor tracking within a single, integrated relational database. Its core strength lies in its specialized financial capabilities, particularly the FACTS module for pooled investment allocation and the ability to handle complex endowment and fund-class accounting specific to the charitable sector. While the system is a significant investment (requiring custom quoting) and is heavily favored by Community Foundations and large non-profits, its single-entry data structure and seamless integration with the DonorCentral® portal and other NPact tools make it a highly effective and transparent solution for organizations focused on managing complex funds and maximizing philanthropic impact.
Pros & Cons
- Manages the entire grantmaking and scholarship process from application and award to payment and reporting
- Eliminates duplicate data entry
- Automatically calculates and allocates investment income and administrative fees across multiple funds
- Provides a full-featured General Ledger and Accounts Payable system
- The pricing is custom-quoted
- Steep learning curve for new users
- Lack of integration with other software systems
Features
Key features
Provides a full-featured General Ledger specifically designed for the unique requirements of charitable institutions, enabling transparent and complex financial management and statement preparation.
Manages the entire lifecycle of grants from application entry to automatic payment transfer, with an optional module specifically designed for tracking, awarding, and linking scholarship applications and recipients.
A powerful module that manages pooled investment funds by allowing for the unitizing of funds and the automatic calculation and allocation of investment income and administrative fees to participating funds.
As an integrated suite, data is entered once and accessible across all modules, increasing reliability and maintaining comprehensive profiles of all associated individuals and agencies.
Additional features
Tracks all donor information, gift history, and allows gifts to be entered and posted to the General Ledger, including a subsystem for tracking pledges.
Allows organizations to add new, customized information fields to the FIMS database, extending the data capture capabilities based on the organization's unique procedures.
Controls both grant and administrative vouchers from receipt through check printing, ensuring proper financial oversight and providing management reports.
Automatically calculates and posts administrative fees from the Fund Management module directly to the General Ledger.
Seamlessly connects to DonorCentral, a web portal that gives Donor Advised Fund (DAF) holders online access to their fund statements and the ability to recommend grants.
Offers robust menu and view security configurations, password management, and administrative tools for system maintenance and user setup.
Pricing
Countries & Languages
Available in
Interface languages
Billing currencies
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About FIMS
FIMS is a financial management software from Npact that supports efficient financial reporting and analysis. It provides tools for budget tracking, expense management, and financial forecasting so organizations can maintain accurate financial oversight. Designed for ease of use, FIMS integrates with existing accounting systems and offers customizable reporting capabilities to meet specific organizational needs. This software is equipped with features that help users generate comprehensive financial statements and monitor key performance indicators effectively. Key capabilities: budget tracking expense management financial forecasting customizable reporting integration with accounting systems Best for: finance teams and organizations that need efficient management of financial processes.
FIMS Details
FIMS's In-App Market Place
Does FIMS have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
Usd ($)
Pros & Cons
- Manages the entire grantmaking and scholarship process from application and award to payment and reporting
- Eliminates duplicate data entry
- Automatically calculates and allocates investment income and administrative fees across multiple funds
- Provides a full-featured General Ledger and Accounts Payable system
- The pricing is custom-quoted
- Steep learning curve for new users
- Lack of integration with other software systems
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