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Higher Education Nonprofits Recognize Importance of Accountability with Agilon-Agresso Fund Accounting


News provided by

UNIT4 Agresso

Mar 30, 2010, 08:30 ET

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CEDAR RAPIDS, IA and VICTORIA, BC, March 30 /PRNewswire/ - Agilon, a Constituent Relationship Management (CRM) and Fund Accounting systems provider for nonprofit organizations, announced today that higher education institutions are increasingly choosing Agilon's Business Financials solution to streamline processes, improve operating efficiencies and services to stakeholders, and enhance accountability and transparency throughout their organizations.

Agilon's Business Financials, developed in partnership with UNIT4 Agresso, a global Enterprise Resource Planning (ERP) systems provider, has recently been chosen by a number of higher education foundations, including Bowling Green State University Foundation, Illinois State University Foundation, Southern Illinois University Edwardsville Foundation, and The University of Toledo Foundation.

"Higher education organizations, like many other nonprofits, recognize the need for increased efficiencies, accountability and transparency to their donors," said David Best, president and CEO of Agilon. "The fund accounting solution delivered by Agilon - Agresso gives them process automation and data transparency across their organizations, making it easy for stakeholders to access information on-demand, report on key performance indicators, and make more intelligent business decisions."

"The Agilon - Agresso partnership has brought a unique product to the not-for-profit marketplace," states Shelley Zapp, president of UNIT4 Agresso. "Higher education institutions and foundations can benefit from our state-of-the-art financial tools that truly facilitate business agility. Our solution allows nonprofits to respond to ongoing changes with minimal effort, expense or disruption, and given the dynamic environment that most organizations face, this capability is drawing very favorable attention."

The Agilon - Agresso solution gives nonprofits a true enterprise-capable fund accounting system that includes an integrated information warehouse, investment management, business process modeling, and analytics and reporting. The fund accounting solution sits atop what leading IT analysts describe as "perhaps the most unique and agility-focused IT architecture ever built". VITA means living and the Agresso VITA architecture is just that - a living, agile platform ideally suited for dynamic organizations. It was first implemented at nonprofit organizations in conjunction with Agilon's One in 2006.

About Agilon

Agilon is dedicated to providing products and services that empower nonprofit organizations to develop life-long relationships and effective communications with their constituents. Agilon's One constituent relationship management and fund accounting systems provide clients with a comprehensive solution that successfully manages donors, prospects, contributions and financials as well as scholarships, endowments, events and memberships for a wide range of nonprofit organizations. The fundraising system is entirely web-based and includes an integrated donor outreach web portal and an e-mail communication system that enriches an organization's relationships with their donors and prospects. For more information, visit www.MyAgilon.com.

About UNIT4 Agresso

UNIT4 Agresso in North America (www.AgressoNA.com) is a wholly-owned subsidiary of UNIT4, a $507 million enterprise resource planning (ERP) company and a top six mid-market ERP software player globally. Agresso Business World is widely acknowledged as the business software solution that delivers the lowest Total Cost of Change. This is achieved thanks to its VITA(TM) architecture which allows for an unlimited amount of ongoing, post-implementation changes without the typical external IT costs and intervention that nets billions of dollars in revenue to the market leaders.

Over 2,900 companies and organizations in 100 countries deploy Agresso Business World for both operational support and strategic management. The company's role-based, Web Services and Services-Oriented Architecture (SOA) enabled solutions include: Financial Management, Human Resources and Payroll, Procurement Management, Project Costing and Billing, Reporting and Analytics, Business Process Automation, and Field Services and Asset Maintenance.

SOURCE UNIT4 Agresso

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