Non-profit financial software reviews

It is easy to navigate as well with its simple but visually appealing dashboard, from which all needed accounting tools can be accessed. It can manage contributions the way it does for businesses. It keeps a record of all your sponsors and the amount that they have contributed to your cause. In case you need to, you can also manage taxes associated with donations. All sponsors are automatically treated as contacts and are stored by the system and can be added to your account.

While not wholly an accounting suite, SignRequest can bolster your accounting process. It provides another layer of security to the movement of funds, for example. You can make secure your bank accounts and allow only authorized individuals access to those. Apart from that, you can bar the use of cash-on-hand or petty cash unless you have given authorization through a document signed via the application. And while the tool itself provides security for various workflow processes, it also tightens the security measure around your signatures and documents.

It has bit SSL encryption that prevents unsanctioned access or editing of files. SignRequest has a free plan, making it an attractive tool for charities. However, if your organization has more complex requirements than what the free package offers, the paid subscriptions are affordable still and would not break the bank.

Expense monitoring and tracking app Zoho Expense brings the gift of automation to all processes relevant to expense management. It automatically records all transactions and even converts your receipts into expenses, which can be used in report generation. The system is capable of capturing transactions conducted via credit card and convert them into expenses as well.

It supports mobile devices, from which all expenditures can be accessed and reports submitted. With Zoho Expense, you can be sure that you are spending according to organizational policies. All expense data can be monitored through the platform, with the system making data entry almost effortlessly with its drag-and-drop functionality. To nonprofits, Zoho Expense offers numerous benefits that are sure to make expense management a bearable task. Expenses can be recorded automatically by simply uploading a photo of your receipt, wherever you are.

Finally, nonprofits will surely appreciate the fact that the vendor offers them discounted plans. Very ideal indeed for organizations who are low on cash flow. A free version of the app can also be availed by those who need only its basic features. Zoho Invoice is a robust accounting and invoicing software that can serve both businesses and nonprofit organizations.

The product is used primarily in invoice creation and management but also sports very useful accounting features. Using the solution, you can manage and track invoices and even share the same—all from a single dashboard. It allows you to monitor all transactions while being able to generate and send out invoices in different currencies and languages. Its simple interface makes the platform easy to use, eliminating the steep learning curves that usually come with such systems.

Donations can be accepted both offline and online so that organizations can better focus on their cause without having to worry about receivables. Nonprofit organizations are known to manage huge amounts of expenses. Zoho Invoice helps address this by allowing for invoice tracking so that users are constantly updated regarding expenditures. For those who need only its basic features, a free version is available.

Online bookkeeping software FreeAgent is a highly capable system that charities can take advantage of. And while it is primarily designed for small businesses, solo entrepreneurs, and freelance professionals, it has tools that make it viable for use in nonprofit fund accounting.

That is because you can configure its features to suit your fund accounting needs. With this, every time you launch the application, you know immediately where you stand regarding your cashflow.

This is in the form of the expense module, wherein you can view expenditures in the past few days, weeks, months, or a certain period. You can even take snaps of receipts and upload them to the software for automatic accounting. In line with that, FreeAgent can connect with your bank accounts. This way, whenever there is movement in your accounts, you can see it on your dashboard.

This profers you with a broad view of your financial status without missing a single cent. To avail of this reduction in cost, just provide your charity registration number. Accounting tool Xero has grown in popularity among small businesses, offering robust tools that are designed to meet the requirements of growing companies.

If the software can work wonders for businesses, nonprofits will find it a boon that can help them resolve their accounting headaches. It can record and track grants, expenses, donations, and even volunteers, allowing organizations to keep their missions on the right track. It likewise excels in helping nonprofits to be more transparent with board members, donors, and volunteers, allowing them to keep their trust and their cash flows in the process.

Xero enables organizations to share financial data with stakeholders, quickly and accurately. Accounting for donations and expenses is streamlined, making it easier so that you can stay better focused on your missions.

The system likewise helps in processing payments, invoicing, and payroll to help you maintain healthy relationships with both your sponsors and employees. And because it harnesses the power of the cloud, you can access your accounting information even from the field.

Xero integrates seamlessly with many business apps so that you get to enjoy additional functionalities in a single solution. But the best part is that the vendor offers a considerable discount to nonprofits, perfect for organizations that lack cash flow. Created to help businesses automate their entire financial processes, Invoiced can be an equally effective tool for non-profits for managing funds and automating other accounting tasks.

This cloud-based accounts receivable software supports multiple currencies so that receiving donations from overseas is not a problem. The platform combines the power of four interconnected modules in one — Invoice-to-Cash, Payment Plans, Subscription Billing, and Customer Portal — so accounting workflow becomes easy and seamless. The platform also allows you to create sign-up pages to make it easy for your prospective donors to choose the subscription plan that they prefer.

Invoiced has Basic and Advanced paid plans to fit the different needs of non-profits. Should you need to meet more volume, enterprise plans are available by quote. Quickbooks Enterprise is a robust platform targeted at growing organizations. This powerful system allows users to integrate everyday tasks like payables, payroll processing, and inventory tracking directly into their accounting process sans ERP implementation.

It offers companies tailored solutions that can make most of their accounting processes much simpler and faster. The platform is loaded with enterprise-grade features that are bound to benefit any business or organization. It offers tools to create and share online forms and collect, For nonprofits and government entities seeking a powerful, user-friendly financial system, industry leader Blackbaud offers Financial Edge NXT, a scalable, intuitive solution that manages funds, grants, HR, projects and more The solution allows government entities to search for th Fluxx Grantseeker is a cloud-based grant management tool for discovering, tracking, and organizing new funding opportunities.

This solution is designed to help non-profit teams of all sizes gain insights and increase collaboration WizeHive is a flexible, cloud-based platform designed improve the collection, review, and management of applications for grants, scholarships and other mission-driven programs.

The system offers tailored workflows, reporting dashb Eleo is a cloud-based donor management solution designed to help nonprofits build donor databases, manage donor interactions, track fundings, plan events and more.

The donor database and contact management features help users Sumac is powerful, customizable software designed specifically for nonprofits. Choose the Add-ons you need to Submittable powers you with tools to launch, measure, and grow your social impact programs, locally and globally.

From grants and scholarships to awards and CSR programs, we partner with you so you can start making a difference, f Simplify your work and maximize your impact with EveryAction. By combining fundraising, digital, and organizing tools in one powerful platform, you'll eliminate data silos and easily run automated omni-channel campaigns. With best Exceed Beyond is a cloud-based fundraising management solution that helps non-profit organizations manage operations like fundraising, donor and contact management, event planning, volunteer coordination and reporting.

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All information is subject to change. For the most accurate information, please ask your customer service representative. Clarify all fees and contract details before signing a contract or finalizing your purchase. Our mission is to help consumers make informed purchase decisions. While we strive to keep our reviews as unbiased as possible, we do receive affiliate compensation through some of our links.

This can affect which services appear on our site and where we rank them. Our affiliate compensation allows us to maintain an ad-free website and provide a free service to our readers. For more information, please see our Privacy Policy Page. We may earn money when you click on our links. Learn More. The 8 Best Accounting Software for Nonprofits in Here are our 8 best picks. Best overall. Sage Intacct. Contact for quote. Nonprofit-specific features. Nonprofit budgeting.

Third-party nonprofit app integration. See Plans. Best nonprofit-specific software. Starting from. Nonprofit-specific software. Donor management. Most user-friendly. QuickBooks Online for Nonprofits. Some nonprofit-specific features. Most scalable. Nonprofit Plus. Best automation. Zoho Books. Limited nonprofit features. By Kylie McQuarrie. Business Accounting Staff Writer. Published on December 19, Share Article. Updated: 5 months ago. View all updates. The best accounting software for nonprofits.

QuickBooks Online. Best nonprofit accounting software. Brand name. What should you look for in nonprofit bookkeeping software? Sage Intacct: Best overall. Best overall nonprofit software. Fund accounting. Support for multiple locations and currencies. Donation tracking and dues management. Do you mostly perform outreach? Organize charity events? Different accounting solutions can better accommodate your needs.

Start-ups and other small nonprofit organizations want to ensure their basic needs are met while keeping costs down as much as possible. This requires basic income and expense tracking in a general ledger, managing your money via bank reconciliation, and using proper reporting tools to stay compliant with the IRS.

Small businesses wanting to stay below that total may need to consider a more generic software such as Xero or Sage 50c. Mid-sized NPOs have a tricky balance to maintain. Too big for small scale solutions but not large enough for enterprise-level software, they need something in-between. Fortunately, customizable NPO accounting software can hit that sweet spot. Your organization may also be growing in size and adding on paid staff members rather than being fully volunteer run , meaning payroll and time tracking are features you can no longer ignore.

Both fund accounting and payroll are pieces of functionality that can be bought as stand-alone or add-on software features to existing accounting packages.

Looking for a fully integrated all-in-one option will be the better long-term option to avoid integration issues and paying multiple software vendors a month. Larger nonprofit organizations will need enterprise level software with advanced accounting features with large donor management databases.

Forecasts will be far more important to predict the health of your organization into the following year. Unlike the accounting needs of similarly sized for-profit organizations, larger NPOs put a heavy focus on fundraising campaigns and customer relationship management CRM to ensure continued support of satisfied donors in the long run.

As pictured below, the dashboard has mentions of profit and loss, sales, and other terms not commonly used in nonprofit environments. Intuit previously offered an industry-specific version of QuickBooks built exclusively for nonprofits. However, as software solutions have migrated into the cloud, Quickbooks no longer offers a specific standalone piece of nonprofit accounting software.

Current versions of Quickbooks must instead be customized to enable nonprofit-specific functionality. Many NPOs instead look to adopt new nonprofit accounting software solutions that work out of the box. For organizations set on sticking with what they know, Intuit has been recommending QuickBooks Online as the accounting system to have for nonprofits. Talk with a Software Expert….