Press Release
Accounting for Good: Mike Pocrnich’s Commitment to Nonprofit Financial Excellence
Minnesota, US, 8th March 2025, ZEX PR WIRE, In the ever-evolving landscape of nonprofit financial management, one name stands out for his dedication to fiscal responsibility, transparency, and strategic financial planning: Mike Pocrnich. With over two decades of experience in nonprofit accounting, auditing, and financial analysis, Pocrnich has built a career centered on strengthening the financial health of mission-driven organizations. His expertise in financial forecasting, budget development, and grant administration has made him an indispensable asset to nonprofits aiming to maximize their impact while maintaining financial integrity.
A Career Rooted in Financial Excellence
Mike Pocrnich’s journey in accounting began with a BA in Accounting from St. John’s University, where he also pursued a minor in Business Management. Early in his career, he honed his skills as a Senior Auditor at CliftonLarsonAllen, a nationally recognized accounting firm. There, he specialized in nonprofit audits, internal control development, and financial report presentations. His leadership in training junior staff and ensuring compliance with accounting standards set the foundation for a career focused on financial excellence.
Now serving as a Finance Manager at Element Financial Advisory, Pocrnich provides CFO and Controller services to a diverse portfolio of clients, including nonprofits and governmental agencies with revenues exceeding $20 million. His role encompasses financial forecasting, grant management, and internal control development, ensuring that organizations operate with fiscal integrity while maximizing their financial potential.
Strengthening Financial Transparency in the Nonprofit Sector
Transparency is the cornerstone of any successful nonprofit organization. Donors, stakeholders, and regulatory agencies demand clear and accurate financial reporting to ensure funds are used responsibly. Pocrnich has been a driving force in implementing rigorous financial controls and reporting mechanisms that enhance accountability in the nonprofit sector. His deep understanding of Generally Accepted Accounting Principles (GAAP), Financial Accounting Standards Board (FASB) regulations, and Governmental Accounting Standards Board (GASB) principles allows him to guide organizations through the complexities of financial compliance.
Pocrnich’s proficiency in ERP and CRM software, including the Microsoft suite, has helped nonprofit organizations modernize their accounting systems, improve efficiency, and streamline financial reporting. By leveraging technology, he ensures that nonprofits can allocate resources effectively, track financial performance, and meet compliance requirements with ease.
Beyond compliance, Pocrnich also advocates for proactive financial planning, encouraging nonprofits to adopt forward-thinking financial strategies. Through customized financial benchmarking, he helps organizations compare their performance against industry standards, identifying areas for growth and optimization. This approach allows nonprofit leaders to make informed decisions, allocate resources efficiently, and build long-term financial sustainability.
Mastering Grant Administration and Budget Development
Nonprofits often rely on grants from state and federal agencies to fund their programs and operations. However, navigating the complexities of grant administration requires precision and expertise. Pocrnich has been instrumental in securing and managing grants for numerous organizations, ensuring that funding is utilized according to regulatory requirements and organizational objectives. His keen eye for detail and extensive experience in budget development help nonprofits create sustainable financial plans that align with their mission and goals.
His tenure as Controller at Beltz, Kes, Darling & Associates (now BerganKDV) further solidified his reputation as a leader in financial compliance and audit facilitation. In that role, he led annual audits and oversaw client financial operations, demonstrating his ability to enhance financial structures within mission-driven organizations.
In addition to managing grants, Pocrnich assists nonprofits in diversifying their revenue streams. He provides guidance on fundraising strategies, endowment management, and financial risk assessment, helping organizations achieve financial resilience. By developing detailed financial models, he enables nonprofits to anticipate future challenges and adapt their strategies accordingly.
A Passion for Philanthropy and Community Impact
Beyond his professional achievements, Pocrnich is deeply committed to giving back to the community. He has volunteered with the Animal Humane Society for years, actively supporting animal welfare initiatives. Additionally, he provides financial sponsorship for animals through Happy Tails Rescue, ensuring that rescued pets receive the care they need before finding their forever homes.
His philanthropic efforts extend beyond animal welfare—Pocrnich is also a dedicated advocate for immigrant families. Recently, he sponsored a Syrian family with four children, providing financial assistance and helping them establish a new life in Minnesota. His generosity and hands-on involvement reflect his belief in using financial stability as a means to drive positive social change.
Pocrnich’s philanthropic work underscores his understanding that financial security can be a powerful tool for empowerment. Whether supporting vulnerable communities or strengthening nonprofit financial operations, he remains dedicated to creating positive change through financial expertise and compassion.
Leading with Integrity and Emotional Intelligence
One of Pocrnich’s defining strengths is his ability to communicate complex financial concepts in an accessible manner. His high emotional intelligence allows him to build strong relationships with clients, colleagues, and stakeholders. Whether managing staff, consulting with nonprofit leaders, or presenting financial data to board members, his approach fosters trust and collaboration.
His expertise in financial compliance, accounts payable, payroll management, and client relations positions him as a strategic leader in the accounting industry. By balancing technical acumen with a people-centered approach, Pocrnich ensures that organizations are not only financially sound but also empowered to achieve their missions.
In an era where financial accountability is under greater scrutiny than ever, Pocrnich’s leadership serves as a model for professionals in the nonprofit financial sector. His commitment to ethical financial management and organizational transparency sets a high standard, ensuring that nonprofits can operate with the highest level of trust and integrity.
The Future of Nonprofit Financial Management
As the nonprofit sector faces increasing financial challenges, from changing regulations to economic uncertainties, leaders like Mike Pocrnich play a crucial role in ensuring stability and sustainability. His commitment to financial excellence, coupled with his dedication to social impact, makes him a trailblazer in nonprofit accounting.
Looking ahead, Pocrnich envisions a nonprofit sector that is not only financially resilient but also adaptable to new challenges. He believes that by integrating innovative financial solutions, such as data-driven forecasting and AI-powered financial management tools, nonprofits can optimize their operations and expand their impact.
His approach to financial management emphasizes continuous learning and adaptation. By staying ahead of industry trends and regulatory changes, he ensures that the organizations he works with are always prepared for the evolving financial landscape. Whether guiding nonprofits through financial restructuring or implementing best practices in financial governance, Pocrnich remains committed to strengthening the sector.
For organizations seeking expert financial guidance, Pocrnich’s track record speaks for itself. Whether helping nonprofits optimize their budgets, secure grants, or enhance transparency, his leadership continues to shape a stronger, more accountable nonprofit sector.
About Mike Pocrnich
Mike Pocrnich is an accounting professional with over 20 years of experience specializing in nonprofit accounting, financial analysis, and auditing. He holds a BA in Accounting from St. John’s University and has worked in various leadership roles, including Senior Auditor at CliftonLarsonAllen and Controller at Beltz, Kes, Darling & Associates. Currently serving as Finance Manager at Element Financial Advisory, he provides CFO and Controller services to clients in the nonprofit and governmental sectors. …
For more information or to schedule an interview, please contact:
Mike Pocrnich
http://www.elementfinancial.com
Element Financial Advisory
1500 E 66th St, Minneapolis, MN 55423, United States
Phone: +1 612-605-3177
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
5G-A Empowering, AI Transforming, Digital Living: UniCom Showcases Digital Innovations at MWC 2025
On March 3, 2025, at MWC 2025, UniCom presented its latest digital intelligence innovations under the theme “5G-A Empowering, AI Transforming, Digital Living”, showcasing a powerful vision for the future of connectivity. The company highlighted advancements in AI capabilities and applications, innovations in network technology that embrace open capabilities, and the extension of these open capabilities to facilitate global digitalization, demonstrating everything from blazing-fast 10Gbps+ 5G-A speeds to the transformative potential of AI-powered networks and satellite connectivity.
UniCom’s UniAI “1+1+M” Large Language Models (LLMs) System and trusted data resource space took center stage. With its extensive model library, robust intelligent toolkit, and thriving native application store, it provides unparalleled intelligent services for sectors ranging from public services and healthcare to education and cultural heritage.
Based on the “AI Family Cloud” smart home platform, UniCom highlighted three key products: the UniCom Cloud Smart Phone, which integrates leading AI models like UniAI and DeepSeek, combining AI, entertainment, and gaming ecosystems catering to personal and family needs; the UniCom Home Security service, offering AI-powered features like intelligent alerts and customer flow statistics to provide comprehensive security across homes, businesses, cities, and rural areas; and the UniCom Cloud Drive, which redefines digital asset management with AI capabilities such as AI photo editing, old photo restoration, and group photo search.
UniCom is developing “Tone,” an intelligent digital assistant built on its AI service platform. It will provide users a seamless experience across various devices, from smart TVs to smartphones.
Leveraging the UniAI Cultural and Creative LLM, UniCom showcased two key offerings at MWC Barcelona: the “Smart Clothing Cultural and Creative Interactive Experience Platform” and the “Cloud Exhibition of Chinese Civilization,” co-developed with the National Museum of China. The latter featured a virtual tour guided by the digital docent, AI Wenwen, offering visitors an immersive journey through Chinese history and culture.
In the transportation and low-altitude economy sectors, UniCom’s 5G+AI Smart Travel Service System, based on a collaborative “people, vehicle, road, network, edge, cloud” architecture, enables intelligent ride-hailing, driving, and parking, enhancing the user travel experience. UniCom also highlighted its globally pioneering 5G panoramic remote-control drone, offering immersive perception, real-time control, and user-friendly operation, alongside its compact Leading Navigator phased array satellite antenna and Low-Altitude Security Supervision Platform.
For the smart home, UniCom presented its upgraded Hi-CON communication system, which deeply integrates optical access networks with Wi-Fi to improve home network performance and user experience significantly, catering to demands for high-speed, stable, and intelligent connectivity.
At MWC, UniCom partnered with GSMA and other collaborators to launch the global “AI+5G-A+eSIM” All-Time-Space Connectivity Industry Alliance. This alliance aims to foster an open collaborative ecosystem, providing all-time connectivity services and channel support for a wide range of AI-powered devices.
UniCom supports over 150 eSIM-enabled products. By harnessing eSIM’s technical advantages—compact size, waterproof design, and over-the-air provisioning—UniCom and its partners deliver secure and convenient eSIM services.
The AI All-Time-Space Connectivity Terminal showcased three proprietary AI-powered smart terminals: AI Tone, AI eSIM tablet, and VS057 smart router. Also on display were partner devices from the “AI+5G-A+eSIM” alliance. Powered by UniCom’s UniAI LLMs System, these devices cater to smart office, home, and health applications, addressing core family needs with a user-friendly experience.
In collaboration with GSMA, UniCom showcased its progress with Open Gateway. It has opened over 90 network APIs across six categories, including anti-fraud and location services, enabling applications like cross-border connectivity and live streaming. UniCom has built a collaborative ecosystem with over 40 global partners.
Building on the world’s first and largest 5G Standalone (SA) co-construction and sharing network, UniCom has achieved a nearly tenfold increase in 5G application connectivity. Utilizing a centralized “platform+ application” approach, UniCom is streamlining network operations, and empowering over 120 intelligent scenarios.
UniCom is accelerating its 5G-A deployment and spearheading its 5G-A integration into industrial applications, particularly manufacturing, its targets is over 10,000 commercial 5G factories by 2025.
Contributing to the “Internet 2030 Innovation Cooperation Program,” UniCom demonstrated breakthroughs like AI large model compute-storage separation and long-distance Remote Direct Memory Access (RDMA) lossless transmission.
The Global Digitalization Zone showcased UniCom’s latest achievements and service capabilities across the globe.
UniCom’s international network layout, characterized by “east-west mutual support, north-south mutual backup, land-sea coordination, and robust connectivity,” functions like a global information superhighway. It breaks down geographical barriers with its high-quality, low-latency connectivity capabilities. The UniCom Intelligent · Cloud Data Center interconnects with the resource pools of more than 50 global cloud providers, delivering high-quality computing power networks, data center services, and integrated cloud-edge solutions. This empowers global enterprises with seamless cloud collaboration.
A digital smart park demonstrated digital solutions across various scenarios, from AI-managed traffic flow to meeting room networks. Intelligent warehouse robots, using high-precision algorithms, achieve a picking error rate of 0.1%, enhancing logistics efficiency. At a 5G fully connected factory in Thailand, UniCom’s 5G private network enables millisecond-level data exchange across 5,000 devices, slashing fault response to seconds and elevating intelligent manufacturing.
At MWC Barcelona 2025, UniCom showcased its digital innovation prowess. Under digital civilization, UniCom will collaborate with global partners via an open ecosystem and cutting-edge technologies to shape the future of an intelligent world.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Downgrading Sage 50 Quantum a strategic decision for businesses looking to cut costs or simplify accounting operations
Brandon, MB, 8th March 2025, ZEX PR WIRE, Sage 50 Quantum is a robust accounting software designed for medium to large-sized businesses, offering advanced features like customizable reporting, advanced inventory management, and multi-user access. However, there may be times when a business decides to downgrade to a lower-tier version of Sage 50 due to budget constraints, business needs, or software complexity.
Sage 50 Quantum comes with a higher price tag due to its advanced features and capabilities. Small businesses or businesses with fewer users might find it more cost-effective to downgrade to a version like Sage 50 Premium or Sage 50 Pro. As businesses grow, their accounting needs may change. Some companies may no longer require the extensive features of Sage 50 Quantum, making a downgrade to a simpler version more appropriate for their current needs.
With a simpler version, businesses can reduce unnecessary complexity and streamline operations, making it easier for smaller teams to manage accounting tasks.
Evaluate Business Needs: Before proceeding with a downgrade, assess whether the features offered in a lower-tier version meet your business’s needs. Ensure that you won’t lose important functionalities like multi-user support or advanced reporting.
It’s crucial to back up all your data before initiating a downgrade. This ensures that you won’t lose any critical financial information in the process. Select the version that best suits your needs. Sage 50 Premium offers a balance of advanced features and user access, while Sage 50 Pro may be more suitable for smaller businesses with simpler accounting needs.
When downgrading, some advanced features and customizations might not be compatible with the lower-tier version. It’s important to carefully transfer your data, adjusting for any limitations that come with the downgrade.
Once the downgrade is complete, thoroughly test the software to ensure everything is functioning properly. Check reports, transactions, and integrations to ensure the new version meets your expectations.
A Sage 50 Quantum downgrade can be a strategic decision for businesses looking to cut costs or simplify their accounting operations. However, it’s important to carefully evaluate your needs, back up your data, and choose the appropriate version to ensure a smooth transition. By understanding the limitations and benefits of the downgrade process, businesses can continue to manage their finances effectively without sacrificing essential features.
Visit https://e-tech.ca/Sage-50-Quantum-Downgrade-Service.aspx for more information.
About E-Tech
E-Tech is the leading service provider of QuickBooks File Repair, Data Recovery, QuickBooks Conversion and QuickBooks SDK programming in the UK and Ireland. In our 20 years plus of experience with Intuit QuickBooks, we have assisted over a thousand satisfied customers with their requirements.
We offer a range of services for existing QuickBooks users and provide comprehensive solutions for small businesses. Additionally, our expertise covers the US, UK, Canadian, Australian (Reckon Accounts), and New Zealand versions of QuickBooks (PC and Mac platforms).
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Transitioning from Sage 50 US to QuickBooks: A Guide
Brandon, MB, 8th March 2025, ZEX PR WIRE, For businesses looking to switch accounting software, migrating from Sage 50 US to QuickBooks is a popular choice. Both are powerful accounting tools, but QuickBooks offers a more user-friendly interface, enhanced customer support, and a wide range of features suitable for growing businesses.
QuickBooks is known for its intuitive design and ease of use. For small and medium-sized businesses, it offers a more straightforward setup and operation compared to Sage 50, which can be more complex.
QuickBooks offers both desktop and cloud-based versions. The cloud version allows for real-time data access, automatic backups, and seamless collaboration between teams, which can be a huge advantage over Sage 50’s more traditional, desktop-only setup.
QuickBooks provides advanced reporting tools that are easy to use, enabling businesses to gain better insights into their financial performance. This is particularly beneficial for businesses that need accurate and real-time data for decision-making.
As your needs evolve, you can upgrade to more advanced versions to handle increasing complexities.
Before making the transition, assess the data you need to transfer. This includes accounts, customers, vendors, transactions, and other financial details. Ensure that your Sage 50 data is clean and up to date to minimize complications during migration. QuickBooks offers several versions—QuickBooks Online, QuickBooks Desktop, and QuickBooks Enterprise. Choose the version that best fits your business size and needs.
QuickBooks provides a Sage 50 to QuickBooks conversion tool to help with the transfer process. These tools can simplify the migration by automating the import of accounts, customers, and financial data from Sage 50 to QuickBooks.
After the migration, carefully check your data to ensure it has been imported correctly. Reconcile accounts to make sure balances match between Sage 50 and QuickBooks. QuickBooks has a different interface and workflows compared to Sage 50. Make sure your team is trained on the new system to ensure a smooth transition and continued productivity.
Migrating from Sage 50 US to QuickBooks can streamline your accounting processes and offer more flexibility as your business grows. By evaluating your needs, selecting the right version of QuickBooks, and utilizing migration tools, you can make the transition more efficient and less stressful. With the right planning, the switch can enhance your business’s financial management, improving both operational efficiency and decision-making.
About E-Tech
E-Tech is the leading service provider of QuickBooks File Repair, Data Recovery, QuickBooks Conversion and QuickBooks SDK programming in the UK and Ireland. In our 20 years plus of experience with Intuit QuickBooks, we have assisted over a thousand satisfied customers with their requirements.
We offer a range of services for existing QuickBooks users and provide comprehensive solutions for small businesses. Additionally, our expertise covers the US, UK, Canadian, Australian (Reckon Accounts), and New Zealand versions of QuickBooks (PC and Mac platforms).
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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