AI TOOL PROFILE
Tangicloud: Fund Accounting Software for Nonprofits & Governments
- Finance and Accounting
- ERP
- Nonprofit organizations
- Government agencies
- Non-governmental organizations (NGOs)
- Organizations using Microsoft Dynamics 365 Business Central
Pricing
Full Users start at $2,040 per year and Team Users start at $180 per user per year; prices include Microsoft hosting and licenses.
At a glance
- Best for
- Nonprofit organizations, Government agencies, Non-governmental organizations (NGOs), Organizations using Microsoft Dynamics 365 Business Central
- Key use cases
- Tracking Restricted Funds, Governmental Accounting, International Grant Management, Budget Oversight
- Integrations
- Microsoft Dynamics 365 Business Central, Microsoft Excel import/export, Microsoft Outlook, Expensify import
- Official website
- Visit tangicloud official website
How AI is used
Tangicloud is an ERP extension that adds fund accounting capabilities to Microsoft Dynamics 365 Business Central. It is built for organizations that need to track funding sources, manage grant restrictions, and maintain budgetary control in a cloud-based environment.
The software is intended for nonprofits, NGOs, and government entities, adding tools such as indirect cost recovery and encumbrance accounting.
Functional areas include the ability to allocate expenses across programs or grants in real time, and paperless approval workflows integrated with Microsoft Outlook. It also supports multiple currencies for organizations operating internationally.
Buyers should confirm if they have the necessary Microsoft Dynamics 365 licenses and whether their reporting requirements align with the pre-packaged FASB/GASB statements provided by the tool.
Key Features
Fund Accounting
Supports unlimited funds with automatic due-to/due-from transactions to keep balance sheets aligned.
Grant Management
Tracks awards, expenditures, and indirect cost recovery for various funding sources.
Budgetary Control
Supports viewing budget availability in real time and providing spending alerts to help avoid over-spending.
Expense Allocations
Allows for the allocation of line items across funds, grants, departments, and programs.
Paperless Approvals
Uses document workflows and Microsoft Outlook integration for electronic transaction approvals.
Multi-Currency Support
Handles multiple transaction and reporting currencies for international operations.
Use Cases
Tracking Restricted Funds
Helping nonprofits manage and report on funds with specific donor restrictions and releases.
Governmental Accounting
Supporting government agencies with General, Special Revenue, and Capital Project fund groupings.
International Grant Management
Supporting NGOs in managing grants and expenditures across different currencies.
Budget Oversight
Using encumbrance accounting to track commitments and purchase orders against available budgets.
Integrations
- Microsoft Dynamics 365 Business Central
- Microsoft Excel import/export
- Microsoft Outlook
- Expensify import
FAQ
What is Tangicloud Fundamentals?
- It is a cloud-based fund accounting and ERP solution that extends the capabilities of Microsoft Dynamics 365 Business Central for nonprofits and governments.
How is Tangicloud priced?
- It is priced per user per year, with Full Users starting at $2,040 and Team Users starting at $180, inclusive of Microsoft hosting and licenses.
Does Tangicloud support international organizations?
- Yes, it includes multiple currency and language support to help NGOs and nonprofits manage global operations.
What is the difference between a Full User and a Team User?
- Full Users are for accounting and finance staff needing full ERP features, while Team Users are for managers or staff who primarily enter time, expenses, or approve requests.
Source category: Finance & Accounting
Source subcategory: ERP
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