Name: Denali Fund
Rating: 5 (1 reviews)
Author: Cougar Mountain Software

Help Desk

Web and Video Conferencing

Customer Support

Bug  Tracking

WebOps

Development

Business Intelligence (BI)

Collaboration

Visual Collaboration

VoIP

Enterprise

Accounting

Finance and Accounting

Applicant Tracking

Corporate Learning Management

HR Management

On-Demand Payment

Payroll

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

3D Printers

API Management

App Development

Browser

Cloud Storage

Component Content Management

Data Observability

Enterprise Architecture Management

Fraud Detection

Hosted Virtual Desktop

Hyper-Converged Infrastructure

Integration Platform as a Service (iPaaS)

Internet of Things (IoT)

Interoperability

MLOps

Network Access Control (NAC)

Network Performance Monitoring

Remote Support

Requirements Management

Security Awareness Training

Session Border Controllers

Voice Recognition

Web Application Firewalls

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Business Card Scanning

Content Management

Content Marketing

Digital Signage

Direct Mail Automation

Email Management

Email Marketing

Event Registration

Marketing Automation

Marketing Resource Management

Online Reputation Management

Search Marketing Intelligence

Social Media Management

Social Media Publishing

Survey & Forms Building

Web Analytics

Marketing

AI Meeting Assistants

Business Caller ID

Professional Services Automation

Project Management

Professional Services

Customer Relationship Management (CRM)

Sales Intelligence

Sales

Data Loss Prevention

Insider Risk Management

Security

Commercial Drone

Construction Accounting

HIPAA Compliance

Multiple Listing Service (MLS)

Smart Cities

Utilities

Vertical-Specific

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### General Accounting
Some users find Denali Fund's general accounting capabilities to be user-friendly and supportive of GAAP and accounting standards, making it a valuable tool for daily accounting processes. However, others express concerns about its complexity and the challenges faced when making corrections in the general ledger. While the software is praised for its robust features, there are mixed opinions on its ease of use and suitability for auditing purposes.

### Accounts Payable
Some users appreciate the customization options available in Denali Fund's accounts payable, payroll, billing, and general ledger features, allowing for tailored operations. However, concerns have been raised about the cumbersome AP process for handling multiple invoices to one vendor and the lack of credit card processing capabilities. Users have also noted challenges with correcting transaction descriptions and voiding checks in the AP module. While some find the software relatively easy to use and beneficial for daily accounting processes, others feel that support for creating customized reports is lacking.

### Bank Reconciliation
Some users find Denali Fund's bank reconciliation feature to be a valuable asset, citing its efficiency in streamlining processes and providing helpful reports. However, there are also complaints about the complexity of certain procedures and the lack of integration with external platforms. Despite these mixed reviews, the general consensus leans towards acknowledging the usefulness of the bank reconciliation function within Denali Fund.

### Reporting and Analytics
Users also find the software relatively easy to use, especially appreciating its ability to handle large charts of accounts efficiently. However, some users have expressed concerns about the lack of support for correcting transaction descriptions and the challenges faced when voiding checks in the AP module. Additionally, the system's audit trail reports have been noted as cumbersome due to the need for complete entries to correct General Ledger transactions. Despite these drawbacks, Denali Fund's reporting and analytics capabilities seem to offer a valuable solution for many users, with a mix of positive and negative feedback highlighting its strengths and areas for improvement.

### Audit Compliance
While some users appreciate Denali Fund's audit compliance features, particularly its bank reconciliation and general ledger reports, others find it less user-friendly and cumbersome to correct entries in the audit trail. The software's requirement for accuracy and data usage has been a point of contention, with some users expressing a desire for improvements in its auditing capabilities. Ultimately, user opinions on Denali Fund's audit compliance capabilities are mixed, highlighting both strengths and areas for enhancement.

Denali Fund, developed by Cougar Mountain Software, is a specialized fund accounting solution designed to meet the unique needs of non-profit organizations. According to the vendor, Denali Fund provides comprehensive fund accounting capabilities, specifically tailored for managing federal grants, private grants, and corporate sponsorships. It is suitable for non-profits of all sizes, from small local charities to large national and international organizations, serving professionals and industries such as non-profit organizations, charities, foundations, religious organizations, and educational institutions.

## Key Features

**Absolute Transparency**: According to the vendor, Denali Fund helps non-profit organizations achieve transparency by effectively tracking and managing all financial transactions, ensuring accurate and transparent accounts for federal grants, private grants, and corporate sponsorships.

**Simple and Easy**: The Denali suite of accounting solutions offers a user-friendly interface, which the vendor claims makes it easy for users to navigate and perform day-to-day accounting tasks efficiently, potentially saving time and effort.

**Reliable Fund Management**: According to the vendor, Denali Fund ensures reliable fund management by accurately tracking and accounting for all funds at all times, aiming to eliminate any gaps or discrepancies in financial records.

**Customizable**: Denali Fund allows users to create custom reports that meet their specific business needs, enabling them to slice and dice data in various ways for potential insights and analysis, according to the vendor.

**Compliance**: According to the vendor, Denali Fund helps non-profit organizations achieve reliability and transparency by adhering to comprehensive GAAP and FASB compliance standards, aiming to reduce the risk of non-compliance and audit issues.

**Scalable**: Denali Fund is described as a scalable solution that allows non-profit organizations to add or remove modules as their business scales, providing potential flexibility and adaptability to changing accounting needs, according to the vendor.

**Encumbrances**: According to the vendor, Denali Fund enables organizations to effectively track and manage all encumbrances in their non-profit, aiming to ensure that no funds go unaccounted for and maintain financial accountability and transparency.

**Unparalleled Customer Support**: According to the vendor, Denali Fund offers dedicated customer support that caters to the unique challenges faced by non-profit organizations, aiming to provide a smooth experience and timely resolution of any issues.

Cougar Mountain Software in Boise offers Denali Fund, an on-premises accounting software for nonprofits designed to ensure an accounting system is GAAP and FASB compliant and contains an unbreakable audit trail to deter fraud.

QuickBooks Online is a SaaS version of the QuickBooks product. It contains all of the features found in the local version. Higher-priced plans include greater automation, payment management, inventory and time tracking, and analytics features.

Simple Start

Plus

Advanced

Solopreneur

QuickBooks Online

FastFund Online Basic Accounting

FastFund Online Premium

FastFund Online Premium Multi-User

FastFund Online Fund Raising

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Araize FastFund Online

Denali Fund

Nonprofit Accounting

Likelihood to Recommend

Founded in 1982, Cougar Mountain Software provides business accounting software and hardware solutions for more than 20,000 retail, wholesale, nonprofit and service based businesses throughout the world.

Cougar Mountain Software employs accounting and business experts for their product development, sales, support, and training staff, many with accounting degrees. For over 32 years these teams have worked together to build and enhance accounting applications based on feedback and requests from businesses across many industries. Through accounting expertise and customer input, Cougar Mountain Software has designed a robust, flexible, and user-friendly accounting solution.

We are located in Boise, ID, one of the most desirable places to live in the United States. With its population of around 210,000 it puts it in a sweet spot of not too big and not too small. Boise has a major university and many smaller and growing educational institutions, affordable housing, quality healthcare, highly ranked public education, a sizable airport, and a great culture and quality of life. Idaho is a national technology leader, recently ranking number one per capita in the nation for patents issued to state residents. Boise is a vibrant and growing tech-centric city without the crowds, congestion, and high cost of living. If you are looking for a high tech community that enjoys the pursuit of both professional and recreational excellence; it can be found here.

Cougar Mountain Software

Denali Fund 2022-04-20 21:52:17

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Nonprofit Accounting Software

It helps us to keep track of our accounting and billing. We have used other accounting programs but we tend to come back to this one due to its ease of use and straightforwardness.

You don't need an acronym for every module.
Interface can be overwhelming.
Website has low-res pictures.

Easy to use
Saves us money
Pleasing to look at

Less worry about payroll.
More time to focus on our goals.

Denali Fund

Overview

What is Denali Fund?