Customer support options, like online chat, technical support, and on-call training help nonprofits tailor accounting solutions for their financial management and compliance needs. Choose a software that’s easy to set up and use, especially for employees with limited tech skills. Keep cost-effectiveness in mind, and remember that many providers offer discounts for nonprofits. Look for software that has fund accounting features to categorize income and expenses by fund and donation tracking for handling contributions. It should allow allocation of donations to projects for proper tracking and transparency.
What factors should I look for when selecting a nonprofit software?
After choosing the right ERP for your nonprofit, integrate Tipalti AP automation software with the selected nonprofit ERP for nonprofit accounts payable automation. Tipalti’s finance automation software has a 98% customer retention rate and 98% customer satisfaction rate. While Donorbox offers a free plan, payment processing with Stripe and PayPal will incur a charge.
Free Nonprofit Software and Tools in 2025
Donor-focused fundraising strategies can be easy to implement and track with the right solution. While DonorSnap’s pricing model is refreshingly clear, it may not be the most cost-effective choice for very small non-profits only needing basic features. Xero claims that they are the online accounting software alternative to QuickBooks. QuickBooks is a well-established company with solutions for nonprofits of all sizes. OneNFP Financials is simple, familiar, and accessible to everyone in a nonprofit organization.
How Nonprofits Can Use Accounting Software to Combat the Effects of Funding Instability
The platform also offers robust reporting and analytics, giving organizations the insights they need to monitor campaign performance, recognize top fundraisers, and optimize future efforts. Fundraising software is designed to enhance donor management, donation collection, campaign analysis, and engagement strategies. Here’s a rundown of our top products based on our internal review process and user reviews.
Top 11 Low-Cost Nonprofit Accounting Software
- Sage Intacct combines payroll, people, and accounting data so users get a unified view.
- Many entry-level systems offer free versions with basic donor tracking or limited online giving capabilities.
- Evaluating the financial impact of a change, such as launching a new program or using a large grant, can be challenging for your nonprofit without an…
- This software automates repetitive manual tasks such as reconciliation, amortization, and flux analysis, giving you more time to make a real impact in your organization at the end of each month.
- Wave Accounting is a free accounting software solution that is suitable for small nonprofit organizations with basic accounting needs.
Offload your monthly bookkeeping and accounting responsibilities using Bench. Plus, if your nonprofit has failed to keep its books for the past few years, Bench offers catch up bookkeeping services. The standout feature of MoneyMinder is its ease of use, even with zero bookkeeping knowledge.
Filter data by department, grant, or project to analyze different segments individually. Further, you can export them to systems like Excel in view-only access for stakeholders for better visibility. These can be bank reconciliation reports, budget vs. actuals, or even cash disbursement journals. If you’re in the market for a new donor database, check out our list of the top donor management solutions to find the perfect provider for you.
They also offer unlimited users, so your accountant, bookkeeper, or auditor can be added right to the platform and see your books in real time. And if you’re not an expert in nonprofit accounting, don’t sweat it, MonkeyPod’s bookkeeping team can help you stay on top of your accounting. Oracle NetSuite is a robust solution that can handle the complex financial requirements of large 8 best accounting software for nonprofits nonprofits. It offers customization options and integrations with other business software, making it a scalable solution for nonprofit organizations. Implementing the right accounting software for your nonprofit can save time, streamline processes, and enhance financial management.
Fund EZ – Best for Detailed Fund and Departmental Accounting
If you have remote or global staff that would need real-time cloud-based accounting, choosing a cloud-based software is essential. Also, consider whether web-based software is enough or a mobile app is necessary for any employees that are on-the-go. An accounting software or service can help you avoid costly mistakes and get a clear picture of your overall finances. SAP S/4 HANA is a nonprofit ERP with all of the robust features that large not-for-profit organizations need. Bonterra is a great choice for nonprofits in sectors like housing, workforce development, health, and family services.
- Where did they come from, where are they going, and what are the secret details that need to be brought into the light.
- Finally, write an explanation addressing how surplus (profits) will be reinvested into the non-profit.
- SAP S/4 HANA is a nonprofit ERP with all of the robust features that large not-for-profit organizations need.
- And if you’re not an expert in nonprofit accounting, don’t sweat it, MonkeyPod’s bookkeeping team can help you stay on top of your accounting.
- HashMicro Accounting Software stands as a beacon for businesses and nonprofits alike, offering a suite of powerful tools designed to streamline financial management processes.
Jotform is a solid choice for nonprofits that need automated volunteer applications or customizable forms, such as online donation forms with a 4.7/5 rating on Capterra. The free plan does come with limits on the number of forms you can create and the number of views each month. Online donation tools are a donor management software that can help increase your fundraising totals like you never imagined. For large fundraisers, software can automatically calculate how much money has been raised in real time, demonstrating how close your organization is to meeting fundraising goals. Fundraising systems with accounting interfaces make it easy to transfer transactions directly to your accounting system. Donorbox made our list because of its integration options with website builders, social media platforms, and accounting software.
Look for solutions that offer nonprofit-specific features like fund accounting, donor tracking, and customizable reporting. These alternatives could offer similar capabilities with a focus on the unique challenges and requirements faced by nonprofits. It allows users to work and collaborate remotely and has role-based access control for security and permissions management. Zoho Books also has a dashboard that provides an overview of your finances, including cash flow, top expenses, and projects. Many entry-level systems offer free versions with basic donor tracking or limited online giving capabilities. Solutions like Donorbox and Qgiv offer free plans with core tools included but apply processing or platform fees to donations.
This makes it very difficult to create realistic budgets and longer-term goals if you don’t have the right accounting tools. Customizable software that’s either made for nonprofits or for small businesses in general could be exactly what you need to forecast effectively. While neither program is built exclusively for nonprofits, both can be configured to handle fund accounting, budgeting, donation tracking, and basic financial reporting. QuickBooks is not a nonprofit accounting software, but it remains a widely used option for small to midsized organizations. As of 2025, QuickBooks offers two main products that nonprofits may consider. Aplos Fund Accounting is a top choice for faith-based organizations as it focuses on donation tracking and fund accounting.