Nonprofit Software Selection Journey – Phase I
Pain usually precedes a decision to look for a new software solution.
The pain may be different from one organization to another, but the pain is sufficient to motivate change. You simply cannot continue to manage the organization and funding via spreadsheet. Or, it is impossible to keep up with demands for additional reporting. Maybe there were some tough discussions following an audit. Whatever the source of the pain, one thing is obvious: change is required.
If your accounting software cannot keep up with the pace of your organization, it’s time to take a serious look at new nonprofit accounting software.
And so the journey begins to find a solution that can provide relief, diminish the number of manual steps, and equip you with the solution you need to address the needs of your organization today and well into the future.
As mentioned in the best-selling book, “Begin with the end in mind.” You know what your current state is – define your ideal future state. Investing in a new nonprofit software solution should do more than simply solve today’s headaches and inefficiencies – it should also be flexible and powerful enough to propel you towards that ideal future state.
Replacing and upgrading your nonprofit accounting system is not something that happens frequently – the industry average is somewhere between seven to ten years. However, as your nonprofit 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.
If it’s been more than four or five years since you purchased accounting software, be prepared for dramatic changes in software pricing, delivery and deployment. Cloud computing has revolutionized nonprofit accounting software. Rich features, budget-friendly subscription pricing, anytime/anywhere access, state-of-the-art server level security, and the ability to integrate with other cloud-based, mission-critical solutions like grant management, fundraising, online giving, etc.
To assist you in Phase I of the Nonprofit Software Selection Journey you can download our checklist Essential Features of a Modern Accounting System for Nonprofit Organizations.