NON-PROFIT ACCOUNTING differs greatly from its for-profit counterpart. Non-profit organizations should really be using a software system designed specifically for not-for-profit business management. While individual sectors within the non-profit domain have their own specific requirements, most share these common challenges: Cross Fiscal Year Reporting and Fiscal Transparency, Segment Oriented – Table Enabled Fund Balancing with Multiple Balancing Segments, Program Performance Analysis, Grant Compliance and Reporting, and too many spreadsheets.
FUNDRAISING is a critical element for many not-for-profits, especially those organizations not receiving state and federally funded grants. Whether your organization relies solely on fundraising or uses it as an augmentation to other sources of funding, the right software system makes donor acquisition and development, event – volunteer – membership management, and on-line gift processing an easier endeavor.
GRANT MANAGEMENT is especially significant to organizations that rely on grants to fund their initiatives. Using an integrated development and financial management tool empowers non-profit organizations to dramatically improve grant seeking, management, and lifecycle processes.