From churches to local chambers of commerce to faith-based ministries, all nonprofit organizations need a solution to efficiently manage their day-to-day income and expenses. With fund shortage for managing administrative tasks and strict compliance requirements, it only gets harder. Fortunately, accounting software for nonprofit organizations make it easier than ever to seamlessly manage accounts and reduce reporting errors while saving time and money. Fund accounting software or nonprofits financial software is designed to help achieve transparency in fiscal operations, comply with federal reporting standards, minimize expenses, make most of their assets, maximize donor dollars, and acquire trust from supporters.

1. Intacct

The web-based accounting software for nonprofit, Intacct is designed to help you achieve return on mission, whether you are a social services provider, faith-based organization, association, or foundation.  The software provides real-time visibility into and a clear picture of your financial department, with an accurate report on details, summaries, and consolidated numbers required for the optimum management of your organization. Its automated workflows make supporting multiple currencies, locations, and entries help you proactively manage key initiatives and make your core financial operations faster. Better management ensures improved outcomes across funding programs, grants, sources, and locations. Managing grants was never as easy as with Intacct, which makes it a breeze to manage reports, renew grants, or invoice funders.

Cons: Available as a cloud-based solution only, so those organizations looking for an on-premise product cannot benefit from this application.

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2. Donor Tools

A cloud-based donation management solution, Donor Tools application is designed with pledge management, gift management, campaign management, online payment processing, email marketing, and donor database capabilities, which makes it a perfect nonprofit accounting software solution for charities and faith-based organizations. The software facilitates the task of tracking funds in real time from an unlimited number of donors. The application also allows you to track multiple names, phone numbers, and addresses, among other details. Users can tag people in the database for quick assignment of categories. What’s more, it offers audit history that enables users to see who created or modified the records. The application can be seamlessly integrated with QuickBooks.

Cons: New users may find it difficult to install and implement the application. However, once installed, it works flawlessly.

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3. DonorNation

A viable cloud-based nonprofits financial software product, DonorNation is an integrated suite of applications designed to facilitate management of fundraising and donor management tasks. The software comes complete with an array of capabilities that enable you to effectively manage a multiple donor records and donations, event planning, accounting, and online fundraising, including pledge payment and single and recurring gifts. The reliable software automatically generates and delivers receipts and acknowledgement to donors. Users can view, query, and export donor information any time anywhere to analyze contributions and discover new opportunities.

Cons: Fund-raising built-in reports need to have additional features.

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4. Personify 360

Designed with an array of intuitive web publishing tools, Personify 360 is cloud-based accounting software for nonprofits that offers reliable event management, member portal, member database, payment processing, planning and scheduling, and dues management capabilities. The software can integrate seamlessly with third party applications. Equipped with management modules, Personify360 can effortlessly manage fundraising and donors while its customer management module can easily track membership data and volunteers.

Cons:  There’s a room for improvement as far as customer support is concerned. Timely response would make things easier for users.

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5. Fundly

The web-based fundraising platform comes complete with donor management, campaign management, donations, and payment processing capabilities. Fundly can be effectively used as a tool by fundraisers to create tailor-made, mobile-friendly donation pages. Not only this, the iOS app is a great tool to track donations and contributions and supporter activity. Equipped with communication tools, the accounting software for nonprofits gives campaign managers the tools to import contacts and customize email templates. With the application, campaign managers can send appeal letters, thank-you messages to contacts through Yahoo, Gmail, and Constant Contact. The built-in social sharing tool enables users to share donation pages on social networks to expand network reach.

Cons: The application lacks statistical reporting capability, which could make things easier for nonprofits to keep a track of the source of donations.

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Looking for a reliable, easy-to-use, and intuitive nonprofits financial management tool? At ITQlick, we can help you choose the right tools for your nonprofit organization. Contact us today to maximize your donations.

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