Not all CRM tools and accounting software work seamlessly when it comes to managing a non-profit organization; hence, there is a need to shop for a specific tool for all your non-profit needs. Springly’s nonprofit accounting software is made to simply financial tracking and reporting, in addition to a slew of tools like membership, donations, events, and more.
Let’s take a look at the most popular accounting software and tools for non-profit organizations and what they offer.
Quickbooks
Quickbooks is one of the most established accounting software around, and it’s good to use when you have a mid-sized nonprofit. Features such as fund accounting, grant tracking, and donor management are built in, and you can connect to Cash Flow via a dashboard to monitor performance.
Tipalti
Tipalti is a global solution for payment with services and features that benefit nonprofits. You get an automation solution for processing and receiving multiple payments. It’s worth noting that electronic W-8 and W-9 forms are collected, and there are more than 20,000 payment rules to prevent duplicate and fraudulent payments.
Fund EZ
Fund EZ is good for large organizations that have complex needs in the accounting department. The software is robust enough to handle large data volumes with helpful tools such as filter and sort. They have a demo companies can try before committing to a monthly plan. Plus features such as audit, crash protection, and automatic backups are always nice to have, and they’re present in Fund EZ.
Blackbaud
Blackbaud offers cutting-edge accounting tools and customized software made for non-profits. The brand is quite popular, especially in CRM solutions for engaging and managing donors. Organizations can easily manage communications, segment leads, and track interactions at any time.
Springly
Springly mainly works by simplifying processes within a nonprofit organization using easy and intuitive tools. Not only do you get clear and powerful financial management software, but also essential analytics and reporting in the same package. This in turn lets you reduce errors and save time, freeing your staff to work on more important matters on hand.
The accounting software covers communication, accounting, and fundraising with efficiency. It’s worth noting that Springly is made specifically for non-profits, thus making it one of the best to have when you’re a non-profit. Springly has a free demo anyone can check out to see how it fits before they commit.
Why Choose Springly?
Quick Automation. One of the best things about Springly is that all transactions are registered automatically. The data is sent to the cloud, and automations take care of routing actions to reduce error and save time.
Improved Budget Forecasting. Users can get a view of their books, financial reports, and cash flow anytime they log in. Forecasting becomes a breeze, and you’ll be able to allocate your budget without any second guesses.
Streamlined Fund Accounting. Springly tracks grants, revenues, and donations within specific projects, thereby ensuring transparent and accurate numbers for compliance and to prevent oversights.
Tips to Find the Best Non-Profit Accounting Software
Budget
All companies work with a budget in mind, and it’s no different when choosing accounting software. Depending on the kind of work you need done, you can canvas and come up with a list, then compare monthly prices or see if you could get a lower price with a longer subscription.
Scalability
Being able to scale up is an important aspect when managing a nonprofit- your accounting software should be able to grow with you without you having to wait a long time.
Features
Look up every available feature before springing for an accounting tool, and match the ones you need with each. For instance, donations, engagement campaigns, and book reconciliations are some of the elements you need to consider.
Easy to Use and Efficient
Last but not least, a nonprofit accounting tool should be easy enough to use that everyone in the organization will be able to use it quickly.