|By PR Newswire||
|August 27, 2014 08:31 AM EDT||
NEEDHAM, Mass., Aug. 27, 2014 /PRNewswire/ -- AccuFund, Inc., provider of top-rated accounting and fundraising solutions designed exclusively for the nonprofit industry, releases a free White Paper highlighting representative payee best practices and recommendations to help social services organizations and government agencies manage their clients' needs.
Download at www.accufund.com/rep-payee-WP
This White Paper first addresses the responsibilities and best practices aligned with SSA requirements and secondly describes features and functions needed in a representative payee system to help agencies:
- Save significant time,
- Realize real-time clarity on all accounts,
- Reduce direct costs,
- Dramatically reduce errors, and
- Reduce reliance on spreadsheets to manage accounts.
"Goals of a representative payee system include better stewardship of funds, ability to handle more clients, provide quicker and easier access to information, and automation of reporting, payments and reconciliations. We hope to help more agencies enjoy the confidence that comes with an automated system that saves them time while ensuring accuracy of client financial information," explains Peter Stam, AccuFund's president.
The AccuFund Representative Payee System is a standalone application designed specifically for use by social service agencies and government agencies that serve as fiscal guardians for clients or patients who are unable to manage their finances. The four core components of Representative Payee are General Ledger, Accounts Payable, Cash Receipts and Bank Reconciliation. Additional modules such as Allocation Management, Client Accounting, Fixed Asset and Purchase Orders are also available to help extend custodial fiscal management.
AccuFund's products are available exclusively through Value Added Resellers (VARs) located throughout the United States. The VARs provide AccuFund's customers with cost-effective onsite training and installation assistance. For more information, call 877-872-2228, email or visit www.accufund.com.
Peter J. Stam, President
400 Hillside Ave.
Needham, MA 02494
Phone: 781-433-0233 Fax: 781-453-0460
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