North America announced today at Sage Summit 2008, its annual customer conference, that it will introduce hosting services next month for Sage MIP Fund Accounting. The hosted services will help organizations using Sage MIP Fund Accounting to minimize the information technology (IT) costs and resources required to maintain their accounting software, while gaining convenient anywhere-anytime access to vital business management applications. Sage MIP Fund Accounting, the company’s award-winning software for nonprofit financial management, will continue to be available as a licensed software product, but customers will now have more choice about how they deploy their accounting system.

Randy Johnston, executive president for K2 Enterprises, a technology consultancy serving the accounting profession, believes hosting is one of the most cost-effective and convenient strategies that an organization can use.

“Taking advantage of hosting services is an excellent way for nonprofit accounting professionals to be good stewards of their organizations’ resources, while also gaining more time to focus on their core competencies and their nonprofits’ missions,” said Johnston. “If an organization has multiple offices or team members who need to access data from anywhere, hosting can provide that flexibility. Hosting also enables rapid deployment, unattended backups, and high availability. As an added benefit, hosting may provide more security for your data, particularly for organizations with limited or no in-house IT resources, since trained professionals at the hosting company are responsible for protecting the data of your organization and others.”

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