When it comes to fulfilling your vitally important mission, cloud accounting software for nonprofits delivers.
Cloud accounting software allows nonprofit organizations to eliminate time-wasting redundancies, better communicate with donors, enhance marketing and fundraising campaigns, and much more. Streamlining operations and delivering the keen insights needed for smart strategic decision-making allows you to focus on your mission.
If you’re considering making the switch from a traditional accounting program to cloud accounting software, read on to see how it can help drive your purpose forward.
1. Boost your operating efficiency.
Just because your organization isn’t profit-driven does not mean you can afford to be less focused on financial management. You still need the right financial systems in place to run your operations and ensure that you can effectively fulfill your mission. Economic downturns, reduced donations, and government budget cuts negatively affect income flows to nonprofits. With shrinking budgets and stricter requirements, it’s more essential than ever that every dollar be allocated wisely. Cloud accounting software eliminates laborious manual processes to reduce workload, improve accuracy, and free up valuable time and resources.
2. Flexibility that responds to your needs.
Cloud accounting software allows you to analyze, manage, and present accounting information according to your preferences. Rather than limiting process flexibility, it extends it by adapting to your unique structure and requirements. By allowing you to automate complex financial processes, cloud accounting software helps you increase productivity through intuitive tools that simplify workflows.
3. Centralized systems eliminate unwieldy data silos.
Nonprofit organizations are made up of many moving parts. Managing donors, volunteers, funding, grants, communication, accounting—the list goes on. Your cloud accounting software system is there to replace as many disparate products and data silos as possible by providing a central system for all financial data to be captured. When your most important data and systems are centralized, your team can work smarter, faster, and with greater precision to accomplish your mission.
4. Effortless integration with other systems.
In today’s digital world, organizations use a variety of applications across their departments. Cloud accounting software provides convenient integrations that are easy to implement without the need for complex coding or IT skills. Whether it’s software to facilitate fundraising efforts or help manage donors, integrations are critical to streamlining the activities of nonprofit organizations.
5. Financial insights that can change your world.
With access to accurate, real-time data, nonprofit organizations can leverage many benefits from these remarkable in-depth insights. From high-level summaries to the most detailed transactions, financial insights can provide a comprehensive view of the financial performance of the organization. Cloud accounting software delivers multiple operating dimensions that eliminate cumbersome, time-consuming tasks. Now you can easily categorize each transaction by program, donor, and grant; create reports that automatically combine financial data with operating dimensions; modify financial and operation data for unique preferences; create self-service reports and custom dashboards as needed; and more.
Spend more time on what matters—sharing your purpose and advancing your important mission. Intuitive Business Concepts implements Sage Intaccts’s full array of cloud accounting products across nonprofit organizations of all types and sizes. Contact us to learn more.
About IBC: At IBC, we have a deep understanding of the critical business needs and processes specific to associations, non-profits, and unions. We ‘get’ your culture, your goals, and what drives you, too. Focused exclusively on and dedicated to delivering the most effective AMS, LMS, and Cloud Financial Software for our clients, we’re well-versed in identifying and applying the integration techniques that will save you time and money. Since 2001, our cutting-edge products, unparalleled responsiveness, and award-winning services have helped organizations like yours increase their operational and financial performance by leveraging best practices and proven solutions. For more information about IBC, please visit the website at www.ibconcepts.com or call 443.603.0215.