How to determine if a not-for-profit organization needs specialized accounting software
When a not-for-profit organization chooses accounting software, the conventional wisdom is that only software packages designed specifically for the not-for-profit market could adequately meet the specialized needs of tax-exempt organizations.
Today’s technologies offer not-for-profits a much wider array of choices than previously available. Most middle-market and high-end accounting products, for example, are generally further ahead of the not-for-profit products in providing e-business capabilities. Yet some specific accounting issues faced by not-for-profit organizations are best addressed by not-for-profit specific financial software.
Before selecting a new accounting system, organizations must carefully evaluate their short- and long-term needs, and then evaluate how well the software options meet those needs.
- Banking/Financial Institutions
- Consumer Products
- Financial Services
- Food and Beverage
- Government Contracting
- Government Entities
- Health Care
- Life Sciences
- Manufacturing and Distribution
- Private Clubs
- Private Equity
- Real Estate
- Specialized Industries