Most religious governance organizations have a complex financial situation. Many operate schools and social service programs in addition to their church or parish. Sometimes a group of churches/parishes operates together, requiring various aspects of their finances to be centralized while other parts must remain decentralized. That’s why so many of these organizations opt for Serenic software, a highly flexible and scalable platform designed with complex nonprofit organizations in mind.
The Diocese of Fargo is comprised of 102 priests, 136 parishes, 13 schools and more than 85,500 parishioners in the eastern half of North Dakota. Finding accounting software that could seamlessly handle the requirements for the diocese’s different entities was a real struggle.
“As a result, we had to bandage products or elements of products together, duplicate entry efforts, and manually track and/or enter routine items,” said Scott A. Hoselton, the finance officer at the diocese of Fargo. “Serenic Navigator has the flexibility and functionality to handle all of our needs in one program, with the underlying power to meet everyday and unexpected needs as they arise.”
The diocese implemented Serenic Navigator with the goal of speeding up processes and saving one week’s time per year. Instead, they’ve saved four weeks a year just on the Investment Management (Deposit and Loan) portion of the software.
In nearby Michigan, the Detroit diocese serves six counties in the Detroit Metropolitan area, where 1.5 million (or 33 percent of the population) are practicing Catholics. In all, the diocese has 722 priests, 304 parishes and more than 200 people at its administrative headquarters.
The diocese’s primary reason for choosing Serenic Navigator was its wide range of applications, which fit the various business activities carried out by the diocese. In addition, the administration noted that Serenic Navigator’s functionality appeared to be the most user-friendly of the software systems they compared.
“After reviewing several software packages and making corresponding reference checks, Serenic Navigator came highly recommended,” said Daniel R. Oliver, the diocese’s associate director of finance and administration.
The diocese has made good use of several modules including:
- General Ledger
- Accounts Payable
- Accounts Receivable
- Advanced Allocations
- Advanced Budgeting
- Cash Management
- Purchase Orders
- Reimbursement Billing
- Workflows with Approvals
- Investment Management
The diocese of Great Falls-Billings, which covers the majority of Montana, and the fast-growing diocese of Orlando in central Florida both opted for Serenic Navigator as well. The software’s flexibility and ability to integrate financial oversight of multiple entities is particularly appealing to these nonprofits. Because the software can be tailored to each organization’s specific needs, productivity increases and translates to savings, said Joe Loncki, business manager and finance officer for the diocese of Great Falls-Billings.
“Perhaps the most tangible measure of Serenic Navigator’s return on investment is that I will recoup the cost of implementation in a mere 25 months,” he said.
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