AVF Consulting

December 20, 2010 11:43 ET

Serenic Navigator Selected for Fund Accounting and Grant Management at Catholic Charities USA

Microsoft Gold Certified Partner, AVF Consulting, to Provide Implementation Services

BALTIMORE, MARYLAND--(Marketwire - Dec. 20, 2010) - AVF Consulting will implement Serenic Navigator financial management software for Catholic Charities USA. By providing support to hundreds of local Catholic Charities nationwide, Catholic Charities USA reaches over 9 million people each year in an effort to reduce poverty, support families, and empower communities. The organization's need for financial management software that is able to address fund accounting and grant management led them to Serenic Navigator, Microsoft's leading financial management software for nonprofit organizations.

"Serenic meets our needs from strong fund accounting functionality to integrated grant management," said Maureen Cardone, senior accounting manager, Catholic Charities USA. "Serenic offers functionality that is specific to large nonprofit organizations, such as the ability to schedule recurring entries and allocations within the system, track data at a high level, and drill down into information with ease. We expect report preparation to be much easier and more efficient, allowing us to spend less time processing data and to devote more time to analysis."

Catholic Charities USA had outgrown their financial management system and was seeking a stronger solution to manage their financial data efficiently. Catholic Charities USA ultimately desired an integrated nonprofit accounting system complete with general ledger, grants management, budgeting, financial reporting, accounts payable, fixed assets, payroll, expense allocation and report generation.

Their search led to Serenic Navigator and leading partner AVF Consulting. Serenic Navigator provides strong and flexible fund accounting with its dimensions, and Serenic's AwardVision module allows for strong grant management, a key need of Catholic Charities USA. They also valued the ability to use the HR module while still outsourcing their payroll function. 

"We are very pleased to be selected by Catholic Charities USA to provide implementation and consultation services for this project," said Andrew Fass, CEO of AVF Consulting, Inc. "Leveraging Serenic's technology will permit Catholic Charities USA to strengthen their efficiency and allow them to focus on their mission of helping people nationwide."

About Catholic Charities USA

Catholic Charities USA is the national office for Catholic Charities agencies and affiliates nationwide. As a professional association and social justice movement, Catholic Charities USA supports local Catholic Charities as they provide help and create hope for over 9 million people each year, regardless of religious, social, or economic backgrounds. Visit www.catholiccharitiesusa.org.

About Serenic Corporation

Serenic Corporation (TSX VENTURE:SER) is an industry-leading publisher of mission-critical software products that satisfy the unique and sophisticated functionality requirements of nonprofit organizations, educational institutions, and government agencies. Built on Microsoft Dynamics NAV, Serenic's products, including the highly acclaimed Serenic Navigator, deliver fully integrated solutions that can, in many organizations, eliminate the need for multiple third-party business applications. A Microsoft Gold Certified Industry Solutions Vendor, Serenic Corporation is a public company with offices in Edmonton, Alberta and Lakewood, Colo. It trades under the symbol "SER" on the TSX Venture Exchange in Canada. Additional information about the Company is available at www.serenic.com.

About AVF Consulting

AVF Consulting, Inc., is a full-service Microsoft Gold Certified Partner providing Serenic Navigator for Microsoft Dynamics NAV to nonprofits throughout the U.S. AVF provides companies with a system for success through customer-specific systems design, analysis, development, implementation, training and support. AVF has been offering business solutions since 1986 and was named Serenic's Partner of the Excellence consecutively in 2007 and 2009. AVF's clients include Gifts In Kind International, Habitat for Humanity, PACT, American Urological Association, and many others. For more information, visit www.avfconsulting.com/nonprofit.

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