Why Nonprofits Need Nonprofit Accounting Software
Accounting systems tailored to the nonprofit business model save resources and increase accuracy.
With an increased focus on donor intent and accountability, the finance team must anticipate problems and suggest solutions, articulate timely financial results, and provide leadership in a dynamic nonprofit marketplace. Traditional off-the-shelf accounting software is ill-equipped to help nonprofit financial officers meet these challenges.
In this whitepaper, you’ll learn how purpose-built nonprofit fund accounting software can save you time and help you focus on impact by:
- Meeting your unique financial reporting requirements
- Driving nonprofit-specific business processes, such as grant and endowment management
- Ensuring that donor and grant restrictions and intent are met
- Providing internal accountability to safeguard assets
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