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Thanks to Sage Intacct's dimensions, we can now drill as deep as we need to, even down to the costs of a single library in a certain village. And the process is much more efficient, allowing us to meet any deadline we commit to with confidence and provide more strategic insights when creating donor proposals and reports.
International nonprofit and NGO accounting software FAQs
Nonprofit accounting software helps international nonprofits and NGOs manage their finances transparently so donors can understand how their contributions are used. Because there are laws governing tax-exempt organizations and specific regulations for grant submissions, nonprofit organizations need accounting software with purpose-built nonprofit capabilities.
Nonprofit organizations need to track payments for donations, gifts, or grants, and allocate funds to various programs. They also need to generate not-for-profit accounting documents like end-of-year donations statements or donor contribution reports. Cloud-based accounting software helps NGOs and international nonprofits to centralize data and allows different users to access the same data from anywhere at any time. Plus, it automates repetitive tasks to save time and eliminate errors.
Nonprofits need to manage their financial resources and ensure they comply with legal and financial requirements. International nonprofits and NGOs can improve accounting processes by using cloud-based accounting software with features such as automation to facilitate complex tasks, so that they can produce reliable reporting and ensure all accounting data is error-free. Cloud software also ensures everyone has access to the same data.