B2P Commerce Corp Will Develop Specialized Nonprofit Solutions for Microsoft Office Edition for Small Business Management

Business Wire, Nov 8, 2004

CHICAGO -- B2P Commerce Corp today announced its plans to develop solutions on the new Microsoft Office Edition for small business management. B2PCommerce Corp's NonprofitBooks will enable customers who use Microsoft Office Edition for small business management to easily overcome the difficulties nonprofits face complying with fund accounting requirements, maximizing donations, and demonstrating program impact. Exclusively designed for the specific needs of small to mid-sized nonprofit organizations, NonprofitBooks helps organizations comply with unique nonprofit fund accounting, tax, and financial reporting requirements. The integrated donor management software eliminates double entry, maximizing staff time as well as providing custom donor reports and queries. The first ever impact measurement software simplifies tracking of program goals and results, allowing organizations to demonstrate program performance to stakeholders.

Most small to medium nonprofit companies are faced with the difficulties of FASB 116 & 117 reporting, grant tracking, expense allocations, programmatic budgeting and spending, and general financial management, while trying to maximize fundraising and operate programs with limited staff. NonprofitBooks allows small organizations to overcome these difficulties and excel with limited internal resources. An integrated combination of fund accounting, donor management, and program performance reporting, B2P's NonprofitBooks with Microsoft Office Edition for Small Business is positioned to be the most complete software solution for small to mid-size nonprofit organizations.

The new edition of Microsoft Office for small business management will be an integrated solution that includes familiar Microsoft Office 2003 programs along with Microsoft Office Small Business Accounting, a new financial management solution, and an updated multiuser version of Microsoft Office Outlook 2003 with Business Contact Manager. It is scheduled for public availability in the United States in fall 2005.

With the inclusion of Microsoft Office Small Business Accounting and the updated version of Microsoft Outlook 2003 with Business Contact Manager in the Microsoft Office suite, companies will be able to manage sales, marketing and financial processes in an easy-to-use Office suite built to help small businesses meet what they have told Microsoft are their most important business management needs.

"B2PCommerce is excited to design and build great solutions that will help our customers get the most out of Microsoft Office Edition for small business management," said Jay Stocki, Vice President of Business Development for B2PCommerce. "Our customers in the nonprofit industry tell us they need integrated information to have a holistic view of their organization. As a result of the solution we will offer, we are uniquely positioned to address customers' needs and give them the tools they're looking for."

NonprofitBooks will automate critical processes such as FASB compliant fund accounting, and integrated donor management. NonprofitBooks Accounting and Donor Management will seamlessly integrate into Microsoft Office Small Business Accounting and Contact Manager Products to create the most complete, inexpensive, and easy-to-use nonprofit software solution.

"Our relationship with B2PCommerce Corp will play a key role for us in complementing the new Microsoft Office Edition for small business management for the end customer," said Dave O'Hara, vice president of Business Development for the Small and Midmarket Solutions & Partner (SMS&P) Group at Microsoft Corp. "This is a continuation of our strategy to create innovative solutions together with our partners that are built around how small businesses work and address their core business needs."

B2PCommerce Corp. provides software tools and consulting services to the nonprofit sector in the areas of financial management, donor relations and program performance. Its mission is to deliver performance management tools that empower the nonprofit/public sector to measure its performance and improve its impact. B2P has also developed Impact Manager, the first web-based, nonprofit business intelligence software. For more information about B2P's products and services, call (866) 327-9672 or visit www.nonproiftbooks.com.