A ccounting systems are not something you change or
replace o en. However, as your nonprofit organization grows in
size or complexity, you reach a point where manual processes
drain your productivity, and you struggle to analyze your growing
range of financial and operating data. At this point, you need a
system that leverages the latest technology advancements.
At a minimum, a modern accounting system for nonprofits
should automate and streamline core financial management
functions such as Accounts Receivable, Accounts Payable, and
Financial Close. But you can hardly fuel your growth and need
for accountability and transparency by simply automating the
minimum. Nonprofits, in particular, have accounting, tracking,
and reporting needs that require specialized functionality in
their financial management systems.
HOW TO USE
THIS CHECKLIST
To help you evaluate nonprofit accounting so ware
vendors and ensure you get the modern features
you need in your new system, we've created the
Nonprofit Accounting So ware Buyer's Checklist.
The checklist includes the 40 must-have features of
a modern accounting system forma ed in a way
that makes it easy for you to do a head-to-head
comparison of multiple so ware vendors. Simply
use the blank columns for vendor comparison.
