In today’s business world, all organizations face economic challenges and budgetary constants. We are commonly asked to “do more, with less”. For non-profit organizations (NPOs), this is especially true. For NPOs each dollar –incoming and outgoing – counts. What offers these organizations the best return on their investment? I’d argue a robust enterprise resource planning (ERP) software solution made especially for non-profits. My suggestion – NonProfitPlus by Acumatica Cloud ERP.
NonProfitPlus is specifically made for non-profits, complying with the exclusive needs of NPOs. Here are some features to consider when evaluating ERP software for non-profit organizations:
NPOs accounting requirements can be much more complex then commercial enterprises, and have unique rules. NPO accounting typically follows “fund accounting” rules and standards, which are very different then the rules and standards commercial enterprises use. NPOs want financial software that emphasizes their accountability rather than profitability. With NonProfitPlus, you can easily track revenues with purpose restrictions against the expenditures made for those purposes. NonProfitPlus also features restricted fund management, grant management and encumbrance accounting.
There are often strict rules governing NPOs activities. The ability to bring up information and “drill down” to a details on a given fund or project is vital. NonProfitPlus allows you to do this and because it is web-based, it allows you to access your organizations information from any web browser. This feature also helps engage leadership and raise financial awareness to all members of the board.
This may be the biggest highlight of the NonProfitPlus – reporting quickly, easily and with detail! NPOs typically have to prepare complex financial statements with limited professional IT resources. NonProfitPlus is based off the cloud, requiring little IT infrastructure investment and staffing resources. A SaaS (software-as-a-service) environment enables your organization to focus on the important things like running successful programs while your software vendor manages the technical stuff that supports your success. NonProfitPlus allows you to report and track volunteer contributions to secure additional funding and enhanced audit trail.
When every dollar counts you need to get the most of out each spent! An investment NonProfitPlus can provide you with robust accounting and donor management capabilities, with minimal investment in IT infrastructure and resources.
About CompuTec Integrated Solutions & NonProftPlus by Acumatica
NonProfitPlus is business management software engineered with nonprofits in mind. Delivered on the powerful Acumatica platform, NonProfitPlus brings a new level of functionality that empowers organizations to efficiently manage their finances. CompuTec Integrated Solutions is an IBM Business Partner and ERP vendor with over 20 years of experience. More then just a service provider; we’re a consultative resource that can help steer a business in the right direction throughout the IT lifecycle – from implementation, setup, configuration, to the support thereafter.