Finance & Accounting Software Solutions for Non-Profits
Do you know where your money is going? Are you getting the most from it?
On a daily basis, non-profits deal with challenges most for-profit businesses do not. Funding is not always consistent, staff is limited, and budgets are always tight. You need to manage closely monitored funds responsibly—without compromising on the speed and quality of services you provide—so you maintain your legitimacy and reputation.
The bottom line is accountability to keep service levels on track while safeguarding funding. In a grant and fund-driven world, your finances must be reportable and transparent. And with widely varying requirements from different grantors and funders, you need to avoid offline, manual processes.
The key is to optimise your financial and accounting processes while making the most of your assets and resources. HSO’s Finance & Accounting for Non-Profits can help you get what you need to fulfil your mission.
Operate Responsibly with Comprehensive Financial Management
With funds often coming from multiple sources like private donations, endowments, grants, and membership fees, it’s essential that your financial management is secure and equipped to do the job efficiently.
In addition, your board of directors has a duty to ensure the organisation’s assets are used in accordance with donors’ intent and in support of your mission—which requires transparent reporting on financial operations.
Built on Microsoft Dynamics 365, HSO’s Finance & Accounting solution provides you with the tools you need to manage funds, grants, and donations in a single, integrated, secure, cloud application for optimal cost recovery. You can generate transparent reports in multiple formats, set and monitor budget goals, set security rules and permissions, and more:
Accelerate Effectiveness. Improve decision making across the organisation—regardless of where you operate—through a single source of truth for data supporting compliance as well as detailed and timely transparency in internal and external reporting to donors. Monitor audit trails to document the “who, what, when, and why” of each transaction.
Increase Responsiveness and Scale. Make decisions faster and more responsively; improve program planning and budgeting by providing timely and accurate data on spending and program status.
Make Best Use of Resources. By reducing manual processes like consolidating vendors and ordering in bulk, you can better utilise limited resources, focusing them on where they can do the most good.
Support Research & Development. Centralised data helps with research and development efforts. By taking advantage of dashboards, workflows, and a configurable, user-friendly interface, your organisation can also reduce training time and increase user adoption while empowering your employees.