Why should nonprofit organizations switch to cloud‑based accounting
Nonprofit organizations are tasked with maintaining detailed financial data. This data is essential for communicating to grantors, applying for funding, and proving internal compliance and accountability with accounting standards. However, lean accounting departments, tight budgets, and inadequate bookkeeping practices often result in poor system design, inadequate records, and sometimes, costly mistakes.
In this article, we’ll explore why nonprofits stand to gain so much from switching to cloud-based accounting software and how you can choose the platform that’s best for your organization.
You’ll also learn:
- Why nonprofits should switch to cloud-based accounting software like QuickBooks
- How to choose the best software for your nonprofit
- How EAB Solutions can help you with your cloud-based solution