Understanding nonprofit financial ratios
Discover how nonprofit financial ratios serve as KPIs to assess your organisation's financial health, with examples and best practices for UK charities.
At Sage, we understand the unique needs of non-profits and are dedicated to helping them grow. Our market-leading financial software seamlessly integrates with leading payroll, HR, fundraising and operations solutions, providing you with unmatched insights and efficiency across your organisation.
Streamline fund, grant and project accounting while achieving real-time visibility into the metrics that matter.
Keep your team productive, engaged, and focused on doing good with integrated people management solutions.
Optimise key workflows to amplify your organisation's efficiency and stewardship.
Non-profits must adhere to the fund-accounting standards set forth by their governing authorities. Sage offers fund accounting software (which we also refer to as 'non-profit accounting software'), which is a financial management solution designed specifically for non-profit organisations. It helps non-profits manage their finances, track donations and generate reports to ensure compliance with regulations and transparency to donors.
If you’re trying to master the unique challenges of fund accounting while trapped by the limitations of simple spreadsheets, it’s time to look at Sage Intacct. Only Sage Intacct fund accounting software gives you the clear, real-time visibility you need to efficiently and proactively pursue your organisation's mission and manage your growth, while reducing fund accounting process costs.
Sage Intacct fund accounting software helps non-profits and fund administrators:
Non-profit and charity management software can help you cut down on admin by automating many of the routine tasks associated with managing the finances of a non-profit organisation. This includes tasks such as tracking donations, managing donor information, generating financial reports, and more. By automating these tasks, you can save time and focus on other important aspects of running your organisation.
Depending on your software, you may need to work with a professional services team to help you implement your software.
When choosing the best accounting software for your non-profit organisation, there are several factors to consider. These include the size and complexity of your organisation, the features and functionality you need, the cost of the software, and the level of support and training provided by the vendor. It's a good idea to research and compare several different options before making a decision.
Sage offers two main accounting software options for non-profits: Sage 50 and Sage Intacct. Sage 50 is a reliable cloud-connected ERP solution for startups and smaller non-profits. It is easy to use, modern and trustworthy, enabling businesses to work efficiently, compliantly and on the move.
Sage Intacct is a cloud-based financial management software designed for small to medium size non-profits. It offers more advanced non-profit features including fund accounting, non-profit revenue recognition, grant management, spend management and multi-entity consolidations.
Discover how nonprofit financial ratios serve as KPIs to assess your organisation's financial health, with examples and best practices for UK charities.
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Ready to learn more about what Sage can do for your non-profit organisation? We are, too. Our product experts are here to guide you every step of the way.