Non-Profit Management & Accounting Software | BDO IT Solutions Canada
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.
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.
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.
Whitepaper: 7 Software Selection Mistakes Not-For-Profits Make
Not-for-profit organizations are bound by strict regulations and are required to maintain high levels of transparency with financials andDownload
We Can Help You Meet Your Goals
BDO IT Solutions provides not-for-profit organizations with the accounting software management tools needed to run a better operation. Spend more time serving your constituents, better manage budgets, allocate time and resources more effectively and improve your ability to focus on the work that really matters to your organization.
“ With the help of BDO, Adaptive Insights has streamlined our budgeting process and increased the level of involvement and transparency from our operational departments regarding their finances. ”Rahim Kanji , Controller at Solium Capital Inc. —
Not-for-profit management software from BDO offers:
Create and manage budgets easier, set up notifications to reduce the risk of overspending and be sure you always have funds available when payments are due. Control your grant budgets with better organization and ensure budget integrity for every dollar spent.
Enable better planning, forecasting and reporting, make more informed decisions, and offer financial and operational transparency to sponsors, clients, donors and regulatory agencies with Business Intelligence and Corporate Performance Management.
Automate common day-to-day data entry and reconciliations, and use Control Account Management functionality within the payables module to eliminate the need to manually reconcile reporting and gain deeper insight into finances.
Control grant funds and spending, provide better reporting and operational transparency, and communicate more clearly with your constituents to strengthen your relationships to help meet long term goals.
Spend less time on administrative overhead, tasks and paperwork so you can spend more time reaching the people who really matter to your mission. Enable your staff and volunteers to do more with their limited resources and enjoy a smoother running operation.
Case Study: Scientists In School
Scientists in School is a Canadian charity dedicated to helping students become “scientists in their school,” catalyzing lifelong interestDownload
A not-for-profit accounting software solution from BDO is what you need to bring your organization to the next level. Having worked with over 1,800 not-for-profit organizations we know how to offer practical, affordable options that address concerns and maximize value. As service demands grow and funding shrinks, implementing Microsoft Dynamics will help you contain costs, increase efficiencies, and maintain compliance with changing regulations. Whether you are an association, membership organization, charity, church, art organization or other not-for-profit, we have a solution for you.
Kelly specializes in the Not for Profit Sector with robust experience in project management, financials, payroll, and distribution. With over 20 years’ experience in implementation, project management and business analysis in the ERP space, Kelly provides business advisory services and software solution advice at the management level to help business professionals in the selection of their internal systems. Kelly has led implementation projects for clients of all sizes and across a variety of industries with a passion for Not for Profit.
Ask Kelly a Question or Call (905) 946-2500
BDO Canada serves clients across Canada including: Alberta, British Columbia, Saskatchewan, Ontario, Manitoba and Nova Scotia. We serve the metro areas of Vancouver, Calgary, Edmonton, Winnipeg, Brandon, Mississauga, Toronto, Barrie, Markham, Kitchener, Waterloo, Guelph, London, Red Deer and Halifax.