Australian non-profit organisations do a great job helping those in need across multiple different sectors. Non-profits help to give to those in need by redistributing government funding, private sector donations and funds from various fundraising and commercial activities. Non-profit organisations operate across multiple different sectors of the economy and each organisation tends to focus on a different section of the public – requiring funding and assistance for different reasons. Utilising fundraising software for nonprofits can significantly enhance their ability to manage these activities effectively and ensure that funds are allocated where they are needed most.
Finding the best fundraising software for nonprofits is crucial to increase efficiency. Fundraising software for nonprofits can significantly enhance their ability to collect and allocate funds effectively. Additionally, using fund accounting software for nonprofits can help maintain transparency and accountability in their financial operations.
No matter what the end cause, there is a commonality with regards to the compliance, reporting, financial and commercial management associated with non-profit companies. Most non-profit organisations want the following functionality from their non-profit software provider:
Accounts payable automation
Grant management
Expense management
Cost centre reporting
Project accounting
Fixed asset management
Workflow
Integration to CRM
KPI’s, reporting and analytics
Purchase order approvals
Budgeting and forecasting
GL Dimensional Analysis
*Certain solutions offered are 3rd party (integrated to Sage Intacct).
Want to know how you can Leverage cloud-based NFP Software solutions from Sage to better manage your non-profit organisation – talk to a Leverage Technologies non-profit software expert today.
Non-profits need to streamline systems and provide automation so that full-time and volunteer team members can have access to relevant information for decision-making. Importantly, non-profit organisations are accountable to government bodies and donors. These donors and government bodies want total transparency and accountability with regards to where and how funding is allocated. Future funding often relies on your ability to easily show where and how previous funding was spent. Fundraising software can play a crucial role in achieving this transparency and accountability.
Non-profit based organisations that can benefit from Sage Intacct non-profit (NFP) software:
Faith-based organisations
Community services non-profits
Membership based organisations
Non-profit educational organisations
Healthcare non-profits
Arts and culture non-profits
Environmental non-profits
Animal charities
Non-profit organisations want to maximise the amount of money that is given to the relevant cause that the non-profit is supporting – putting funding, time and effort into the hands of those that need it most is what makes non-profit organisations who they are. As a result of this, non-profit organisations need to minimise the amount of money and time spent on admin – whilst retaining full accountability and transparency. This can be a tough juggling act – minimise the spend on admin, maximise the accountability to ensure no issues with transparency. Fund accounting software and fund accounting systems play a crucial role in achieving these goals by providing specialised tools for financial management tailored to the unique needs of non-profits.
The challenge is that most non-profit organisations are trying to use financial management software that is not well suited to the specific requirements of non-profit organisations. Trying to bend, twist and shape software that is not designed for the core functional requirements of a non-profit simply adds cost to the admin department. Fundraising and donor management software, such as Sage Intacct, play a crucial role in addressing these challenges by providing specialised tools tailored to the unique needs of non-profits. Sage Intacct has been built with a cloud-first strategy specifically for NFP financial management and has been pre-configured for non-profit organisations. Sage Intacct software for non-profit has all of the functionality you expect from Sage, a leader in NFP ERP / non-profit financial software.
As an example, Sage Intacct ERP Software for non-profit can be deployed with non-profit dashboards, KPIs and analytics:
Program efficiency
Fundraising Expenses
Administration Expenses
Revenue by source
Cash flow analysis
Fundraising efficiency
Program revenues
Expenses by source
Sage Intacct for non-profit allows you to:
Allocate budgets to different programs, events and projects
Manage capital expenditure and budget allocation
Manage spending and revenue by grant, project and geography using GL dimensions
When implementing ERP solutions for non-profit based organisations you want to achieve real business benefits. You want a quick ROI so that you can allocate funds to where they are most needed – helping the community. As always, you also need to ensure that you achieve real business benefits when implementing an enterprise solution. You want to:
Increase productivity
Reduce
costs
Gain greater visibility
Ensure full accountability and audit control
Get better information for decision making
The team at Leverage Technologies is here to help non-profit organisations choose the right solution to automate, grow and streamline operations. We would love an opportunity to talk to you about Sage Intacct for non-profit so that we can help you to select the right solution for your requirements. Please enter your details on the contact us form so that we can arrange for one of our non-profit industry experts to give you a call.
Meals on Wheels America
Women’s World Banking
If your non-profit based organisation wants to achieve real business benefits and outcomes to better serve your community, stakeholders and donors, get in touch with the Sage Intacct non-profit software team at Leverage Technologies. To help do our bit to help those in need and to assist non-profit organisations better manage their business, we offer outstanding non-profit based ERP / Financial Management Software pricing and reduced-price implementation as a service. Contact us to find out more.
