|[January 15, 2013]
CathoNet™ Continues Growth with the Catholic Church at Conclusion of 2012
HUDSON, N.H. --(Business Wire)--
CathoNet™ the leading provider of on-demand Internet-based cloud
computing accounting services and resources to Catholic dioceses is
pleased to announce in Q4 2012 they signed several additional Dioceses
to multi-year hosting agreements. CathoNet, widely recognized for
reliability, outstanding customer support, and easy-to-use cloud-based
solutions, enables the Catholic Church to rapidly standardize process
and technology across parishes and schools by leveraging the most
popular small business accounting applications in combination with
fund-based consolidated financial reporting.
The Dioceses of Austin, Texas, and Toledo, Ohio, are now clients of
CathoNet's cloud-based accounting systems, powered by the award-winning
cloud hosting services from Right Networks®. Along with adding these two
key dioceses, CathoNet has also entered into smaller pilot programs with
several Dioceses around the country. In addition, CathoNet recently
renewed a multi-year contract with the Diocese of Dallas Texas for their
cloud-based accounting and consolidated fiscal reporting needs.
"One of the primary reasons we selected CathoNet as the standardized
accounting platform is that over 95% of our parishes and schools already
use QuickBooks® and like the product," said Mary Beth Koenig, CFO of the
Diocese of Austin. "Before CathoNet there was no mechanism to
efficiently and effectively standardize the QuickBooks produt and
obtain timely financial reports. We believe the CathoNet product will
facilitate better and timelier decision-making which will be of great
benefit to the diocese for years to come."
CathoNet's accounting and reporting solutions provide the Catholic
Church with a cloud-based hosting platform that offers pastors,
bookkeepers, and volunteers secure, anytime-anywhere hosted access to
most small business accounting applications, leveraging the skills
already present in the diocese. CathoNet's solutions provide
standardization for non-profit fund reporting within parishes and
schools while at the same time consolidating all financial reporting
back to the diocese.
"CathoNet has been an invaluable partner to the Diocese of Toledo," said
Walt Nevolis, CFO of the Diocese of Toledo. "As we move through
implementing the cloud-based QuickBooks solution, CathoNet has met any
challenges with timely answers. Standardizing systems is never an easy
task but CathoNet has provided us with a proven methodology that allows
for a successful implementation with minimal difficulties or disruptions
at our parishes and schools."
"We are very excited to welcome these new dioceses as clients.
CathoNet's cloud-based services allow them to quickly standardize their
accounting platforms and financial reporting," said Deacon William A.
Koniers, President of CathoNet. "Our goal is to align mission, ministry,
and technology in the parishes and schools that we serve. Our clients
realize the benefits of accountability, transparency, and good internal
controls when information is available in real-time. Utilizing 21st
century technology and processes allows the Dioceses to manage the
business of the Church without turning the Church into a business."
About CathoNet, LLC
CathoNet aligns mission, ministry, and technology to support the
pastoral, sacramental, and educational mission of the Roman Catholic
Church. CathoNet provides on-demand Internet-based cloud computing
accounting services and resources to Catholic dioceses both large and
small. CathoNet's rapid deployment, subscription based pricing, and
fully managed cloud-based application services dramatically improve
security, reporting, auditability, and usability. CathoNet provides the
tools to effectively manage the business of the 21st century Catholic
Church by combining web-based management solutions for census and
stewardship and popular desktop accounting applications for anywhere,
anytime cloud-based accessibility. For more information visit us at www.cathonet.com.
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