Tuesday, November 30, 2004

Software Partnership

[report from the Philanthropy Journal]

B2P, Microsoft developing tools for nonprofit accounting, donor-management.


11.22.2004 -

By Todd Cohen

Chicago-based B2P Commerce has teamed up with Microsoft to develop a nonprofit application for new small-business-management solutions Microsoft is developing for its Microsoft Office software.

B2P also will integrate its software designed to let nonprofits manage contacts with donors into new contact-management software Microsoft is developing for small businesses.

The new applications will be available in fall 2005, targeted to small and mid-sized nonprofits and priced at about $1,500, said Jay Stocki, vice president of business development at B2P.

B2P, which previously teamed up with Intuit to develop a nonprofit application for its QuickBooks accounting software used by small businesses, will develop a similar application for Microsoft's new small-business accounting software that will be geared to the fund-accounting rules nonprofits must use, Stocki said.

The application will be designed to let nonprofits meet reporting requirements set by the Federal Accounting Standards Board, and also track grants, allocate expenses, handle budgeting and spending for programs, and manage general finances, he said.

B2P also will develop a nonprofit contact-management application for Microsoft's new small-business Outlook software that will be geared to nonprofits' needs to track and communicate with donors based on their donation history and charitable interests.

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