A cloud-based fund accounting solution designed for nonprofits and governments

Product Overview

Fundamentals is an industry-specific ERP solution tailored to the needs of nonprofits and governments. The software provides the most modern cloud technology benefits by leveraging the power of Microsoft Dynamics 365 Business Central. Business Central is the largest selling middle-market ERP product in the world, with integration to Payroll, Office 365, Fundraising and Teams using Microsoft’s Dataverse.

Pros

  • Integrates with payroll solutions
  • Developer makes regular updates based on user feedback

Cons

  • Requires Microsoft Dynamics 365 Business Central

Target Market

Nonprofit organizations and government agencies looking for a comprehensive fund accounting system that integrates well with Microsoft products.

About Fundamentals

Fundamentals is an industry-specific ERP solution tailored to the needs of nonprofits and governments. The software provides the most modern cloud technology benefits by leveraging the power of Microsoft Dynamics 365 Business Central. Business Central is the largest selling middle-market ERP product in the world, with integration to Payroll, Office 365, Fundraising and Teams using Microsoft’s Dataverse.

Video Overview

Features

  • Comprehensive Real-time ERP Functionality - all major financial modules as well as Projects, Fixed Assets, Inventory, Purchase Orders and Budgeting.
  • Fund and Grant Management - a fund/grant number is combined with the natural account, net asset class, fund type, and eight user-defined dimensions. Funds are automatically balanced, restrictions released to revenue and, optionally, cash, payables and receivables are posted by fund. All transactions are captured in local, functional, and funder currencies.
  • Microsoft Excel, Word, Office, Outlook, and Teams Integration - Business Central is built by Microsoft and directly connects these Apps for enhanced productivity.
  • Paperless (Electronic) Approvals with complete audit trails plus Outlook email notifications.
  • Labor and Cost Allocations with real-time and batch processing.
  • Empower staff with self-service portals for time, expenses, and purchase documents.
  • Full Procure-to-Pay Cycle from requisitions to purchase orders to 3-way receiving to electronic/paper payments.
  • Loan Management to handle notes payable and receivable.
  • Extensibility & Personalization - Microsoft shares its source code to allow developers to rapidly extend functionality. Power users can personalize the user interface and modify reports using Excel and Word.
  • Global Deployment with Multiple Companies, Languages, and Currencies.

Who Uses Fundamentals?

Fundamentals is an ideal fit for mid-to-large nonprofits and governments who need to modernize their technology while enjoying comprehensive industry-specific ERP functionality.

Human & Social Services:

  • Social Services
  • Community Mental Health
  • Human Services

Education & Research:

  • Educational Institutions
  • Research Organizations
  • Alumni Associations

Cultural & Recreational:

  • Museums, Zoos, Aquariums, and Botanical Gardens
  • Arts and Cultural Centers

Philanthropy & Religion:

  • Foundations
  • Religious Governance

Animals and Environment:

  • Conservation
  • Biodiversity

Governments:

  • Special Districts
  • State Agencies
  • Native American Governments

Pricing Details

Tangicloud pricing starts at $2,040 per user per year. A free trial is available.

All hosting, updates, compliance, data backups and recovery are handled by Microsoft engineers – at no extra cost.

Starting Price
$2,040 /user/year
Price Range Learn More
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Product Overview

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User Reviews of Fundamentals

★★★★★
★★★★★
Submitted on August 8th, 2023 by Anonymous
  1. I love the detail we can enter into Fundamentals. This provides for great reporting and downloading to Excel for line item detail. In Dynamics GP, I really liked the smart list report writer; however, the reporting options in Business Central are great. In GP, we had to have most of our reports done in Excel in order to capture multi-year grants cumulative expenditures.
  2. We have converted living in Excel to utilizing Business Central as our daily go to. Which is exactly what we wanted. We feel our data is more secure, accessible, and accurate.
  3. Tangicloud is making lots of updates/changes to keep the software with the times. It is very robust and has lots of features/modules. We truly appreciate Tangicloud listening to their clients to be able to accommodate changes that will benefit multiple clients together.
  4. It is so awesome that we can have the whole agency involved in submitting data through AP. That is one of our biggest accomplishments. Using purchase quotes and the approval system has been wonderful!
  5. With the integration of Payroll and having that connector built, we can fulfill all of our cost allocation entries to the funds. This alone has saved lots of data entry time into Excel to process those allocations.