Company Performance Metrics
Since 1980, GMS (Grants Management Systems) has designed specialized software with a demonstrated record of success for hundreds of non-profit and public organizations.
Their clients will tell you, GMS has a clear understanding of their distinct accounting and financial reporting needs.
The GMS Accounting and Financial
Management/Reporting System is not a traditional commercial accounting or government fund package adapted for non-profit use. Their
software is designed, from the ground up, to meet the highly specialized requirements of non-profit and public organizations accounting for contracts and grants or by program activity.
GMS integrates accounting for multiple fiscal periods, funding sources, and costing of services and functions. GMS provides an alternative to fund accounting by replacing unnecessary separation with entity-wide financial management over restricted and unrestricted contributions. GMS meets requirements of GAAP, IRS 990 reporting, Health and Welfare standards, grant and contract administration, and Federal Cost Principles. GMS enhances reporting under FASB Statements 116 and 117 and builds integrity into grant, contract, and functional accounting.
They recognize the successful operation of an effective, efficient financial system requires more than simply implementing the software. For that reason GMS provides comprehensive, flexible support including telephone support service from 8:30 am until 7:00 pm eastern standard time (EST) Monday through Thursday and 8:30 am until 5:00 pm eastern standard time (EST) on Friday. In addition, we provide a Service Chat room where GMS service and support staff are available 9:00 am until 5:00 pm Monday through Friday to provide quick answers to less difficult questions or requests for assistance.
The GMS service and support staff are familiar with non-profit accounting and financial reporting requirements in addition to their extensive and vast knowledge of the operation of the GMS system.