TROY – Nonprofit cloud-based accounting solutions provider Billhighway has been named a 2012 Best of SaaS Showplace Award winner by the business analyst group THINKstrategies. The national awards program spotlights the measurable business benefits delivered by today’s Software as a Service solutions.

The BoSS Awards are part of THINKstrategies? ongoing program which recognizes SaaS companies that deliver tangible business benefits for specific user organizations.

An example of the measurable results derived from Billhighway?s cloud-based accounting solutions is the 16,000-member Tri Delta fraternal organization. The nonprofit had been using manual bookkeeping for chapter financial management. Twelve months after launching Billhighway, Tri Delta experienced a 24 percent improvement in net income over the previous year. Tri Delta has also enjoyed an additional $1 million in annual net gains since adopting Billhighway?s cloud-based solution.

Based on this customer success story, Billhighway has been named a BoSS Award winner.

?Our team is focused on helping nonprofit organizations improve all aspects of their finances, saving them time and money so they can better deliver on their missions,? said Vincent Thomas, Founder and CEO of Billhighway. ?This national award recognizes how nonprofits can transform the way they do business by making every aspect of their financial management as easy as possible.?

According to THINKstrategies, generating new income and managing operating expenses is particularly difficult for nonprofit and member-based organizations in tough economic times. Billhighway?s cloud-based solutions can dramatically improve the ability of these organizations to manage their finances and strengthen their financial positions while improving their members? ability to achieve their nonprofit missions.