Non-Profit Management & Accounting Software | BDO IT Solutions CanadaNon-Profit Management Software

Focus Your Not-For-Profit on What Matters

Not-For-Profit organizations are bound by strict regulations and are required to maintain high levels of transparency with financials and operations. In order to maintain funding and continue to operate effectively, their records and data must be in proper order and easily accessible to governing bodies. The challenge most non profits face is that the operational side of the business is not their primary focus.

Trying to balance their organization’s goals with regulatory compliance and requirements is cumbersome and pulls teams away from what they are passionate about.

Limited Resources

The reality for many not-for-profits is that they operate on tight budgets and with limited resources. Heavy administrative overhead, manual or redundant tasks and complex accounting processes take up a disproportionate amount of time; time better spent on the work that really matters to your organization. You need a solution that will help streamline processes and lessen the administrative load.

Complex Grant Management and Fund Accounting

Funding, grants, and budgeting are all integral parts of any non-profit management. Managing funds so that you know they are being spent appropriately, and controlling spending so that you have enough funds earmarked to accomplish your mission, is critical. Without large amounts of capital, you simply cannot afford to lose sight of your expenditures.

The success of your not-for-profit organization relies heavily on your ability to control grant funds and ensure grant budget integrity for every dollar spent. Tracking proposed vs. actual costs while remaining fully accountable to grant sponsors and in compliance with grant guidelines and regulations, is vital.

You need an effective not-for-profit accounting software solution to control your budgets, track various sources of funding and help you plan ahead; so that you’re better equipped to not only operate this fiscal year, but for many more to come.

Broad Accountability

Not-for-profit organizations have a lot of stakeholders to answer to including staff, volunteers, donors, grantees, the community, regulatory boards and more. Each of these stakeholders has a different interest in what you’re doing and how; and managing the flow of information around your constituents is critical to your ongoing success. You need to demonstrate the effective use of your donor dollars, manage events and fundraising, keep careful control of your records, and ensure you can produce the reports needed to remain compliant.

Managing these processes manually is not only ineffective, but also prone to error. You need a not-for-profit management software system that can help you keep track of all the important details that gives you easy access to the information you need, and confidence in your results.