In the headlights of this increased focus on donor intent and accountability are the chief financial officer, accounting staff, and finance director. More and more often they are being asked to anticipate problems and suggest solutions, to articulate timely financial results, and to provide leadership in a dynamic nonprofit marketplace.
Unfortunately, traditional accounting systems are ill-equipped to help nonprofit financial officers meet these challenges. Managing unique revenue streams such as donations, membership dues, program revenues, grants, and investment income requires software tailored to the needs of nonprofits.
