If nonprofits have learned anything from 2020, it is that the future is wildly unpredictable. It can be frustrating for organizations that rely heavily upon financial donor data management contributions to negotiate calamitous scenarios over which they have little to no control. This is precisely why it’s imperative to use accounting software that maximizes every fundraising opportunity.

As your organization steps into 2021, ensure that you are prepared for whatever the year may bring. Take a close look at your current accounting software tools and asses if they are doing the job well. If not, consider the items discussed below and improve your donor data management in this new year.

Why Accounting Tools Are So Important for Nonprofits

Non profits typically operate with slim budgets. The need to make the most of every dollar is even more acute than with for-profit businesses. The best accounting software tools will enable non profits to streamline their data and understand where their money is coming from and where it’s going.

The Top Accounting Tools for 2021

1. Blackbaud Financial Edge NXT: This cloud-based program includes event management, donor database, mobile tracking, and much more. With its intuitive interface, your non profit will be able to gain more insight from your financial data and clearly discern trends in fundraising. Financial Edge accounting software has proven itself for two decades and this iteration is the most powerful yet.
2. Aplos: A good choice for small to midsize organizations, the Aplos platform features online donation management, fundraising tools, event management, fund accounting, and custom communications. You can easily manage finances and report transactions. The simplicity of this program lends itself to churches and other nonprofits that may be largely staffed by volunteers.
3. Humanitru: Designed to allow non profits to interact with their supporters online, Humanitru is a powerful accounting tool for very active non profits of any size. It integrates well will third-party applications, such as SmartyStreets and QuickBooks. You can generate reports easily and manage information on memberships, volunteers, constituents, donations, and programs and events.
4. FUND E-Z Fund Accounting: For non profits seeking more affordable accounting solutions, E-Z Fund offers an incredible amount of bang for the buck. Create and track budgets for multiple projects that are fiscal year independent. Easily accessed data lets you quickly assess fundraising success.
5. Salesforce for Nonprofits: Salesforce is a CRM, a customer relationship management, program. It allows your nonprofit to successfully manage your donors and other interested parties through marketing and email campaigns.
6. NonProfitPlus: Good for any size organization, this cloud-based platform is built around modules for financial management, procurement management, and fund and grant accounting. This allows you to choose the modules that work best for your nonprofit and customize your accounting program.

Omatic Cloud Bridges the Gap Between Fundraising & Accounting

Regardless of the accounting tool your non profit chooses, Omatic Cloud should be a part of your program. Omatic integrates all of your systems so that you obtain a clear pathway from donor to budget.  With better data, you can improve donor recruiting and retention. Omatic helps your non profit run at peak potential with any accounting program.