Often, when a smaller club or charity is first starting out, many treasurers are tempted to track their nonprofit’s financials with individual spreadsheets that they customise. Over time, as the NFP grows in size and complexity, it becomes more and more difficult to keep up with the books.
Even when a nonprofit does start out with an accounting system in place, eventually many of these original systems that were new on the market just a few years ago are no longer sophisticated enough to handle all of the data points and functions that are required. While some software companies do come out with periodic updates for their systems, these upgrades can become quite expensive as well.
If either of these scenarios sounds familiar, it is truly well past time to update and simplify your processes by changing your NFP’s accounting software.
Of course, one of the most dreaded duties of a volunteer treasurer is changing to a completely new accounting software system. Most treasurer’s put off this chore for as long as possible, because they mistakenly believe that changing to a new system will be such a time-consuming, difficult, and stressful process. Other times, a nonprofit’s treasurer or other board members might have concerns about the new accounting software costing too much, even though the old and inefficient software currently in place is costing them time and other resources to maintain. In just a few short minutes, you can create your account, import your data and be up and running.
While many nonprofits prefer to wait until the start of the new financial year to make the switch, there really isn’t any reason to wait as long as you have your bank statement from the beginning of the financial year. With some basic information and a few short clicks of your mouse, the software system can pull all of your information, automatically, as long as your nonprofit’s financial institution offers online banking. To find out just how quick and painless it is to make the switch, check out this short video that shows you just how fast and easy it is to change your accounting software to Admin Bandit!
With Admin Bandit Accounting Software, you can feel confident that your nonprofit’s financial information is fully protected, and safely stored in the cloud where it can be updated quickly and automatically. In addition to bookkeeping and data entry, the system gives you the ability to run a host of common reports and statements, and helps you prepare your budgets, track donations and more!
Currently, there is also a free, 55 day trial of Admin Bandit Accounting Software that is available to give volunteer treasurers the opportunity to see for themselves just how easy it is to make the switch! If you’ve been thinking about making a change, what are you waiting for? Make the switch today and save!
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