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ICAN InvestmentAssets for Endowment Funds Management

InvestmentAssets – Endowment Funds Management Inglewood Park Cemetery, an Endowment Care cemetery, is located in the state of California, and handles approximately $70M in investments monies.  Inglewood Park Cemetery, and its sister company, Park Lawn Cemetery, each have several funds in addition to the State required Endowment Care Fund, the earnings from which are used to maintain the cemetery grounds and facilities. The other funds include Commodities and Services purchased in advance by their clients, the earnings from which offset the price increases over time.  Jacqueline Gonzalez, Vice President of Fund Management, works directly with the Companies’ Investment Committee in managing these investments. Inglewood Park Cemetery used to leverage AS400 CCMS software, which had a General Ledger (GL) package designed for cemeteries. This meant that any asset reporting had to be processed manually using Microsoft Excel spreadsheets. Jacqui recalls, “This worked fine in the ‘80s when we had just 4-5 investment managers and 10 investment portfolios, but we’ve grown into a well-diversified operation with thousands of investments, such as equities, real estate, fixed income, mortgage backed securities, and much more, across our 42 portfolios.” Their month-end and year-end processes became very tedious to get through. It used to take them a full month to get through month-end processing, reporting and reconciliations. They were also very prone to error when dealing with their manual processes. “What we put in, we got out, and too much of our time was dedicated to checking and reconciling reports.” Jacqui shares. The volume of work required to handle monthly amortizations and interest accruals made it necessary   for those entries to be captured on a...

Viewpost – The Future Of Electronic Invoices and Payments

Please join us in signing up for Viewpost membership. You won’t find membership fees at Viewpost. Viewpost has combined the power of their free business document exchange network with an ability to send payments for a minimal transaction fee. Click here to sign up with Viewpost. FREE To Join FREE Electronic Invoicing FREE Invoice Tracking FREE Data Integration FREE To Receive Electronic Deposit $0.50 To Send Electronic Payment $0.75 To Send a Paper Check Absolutely Zero Monthly Membership...

SQL Saturday Oregon in Portland

Saturday: SQL Saturday #337 on Nov 1 Please join David Eichner at the Oregon SQL Server community for the largest and most comprehensive SQL Server event of the year. SQLSaturday is a training event for SQL Server professionals and those learning about SQL Server. David will be speaking as a volunteer presenter on using Microsoft’s free Business Intelligence tool – SQL Report Builder – to create executive management dashboards quickly and easily. This is a sponsor-funded and volunteer-supported free community event where you can network with other professionals and share opportunities and expertise with fellow members of the SQL Server community. Speakers at both of these events include several well-known professionals, SQL Server Masters, trainers, mentors, conference presenters and book authors from all over the world, the US, and our local community. These are many of the same industry leaders who present many of the same sessions at the PASS Global Summit and other international conferences. Lunch, snacks and raffle prizes are included for registered attendees. Last year we had nearly 500 attendees and our numbers are growing year after year. Please register as soon as possible. Location:  6651 SW Capitol Highway, Portland, OR...
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