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AcctTwo Blog

Andy Harleman

Senior Account Executive

Recent Posts by Andy Harleman:

4 Nonprofit Management Challenges Solved for Charities & Foundations

Wealthy donors who fund most philanthropic foundations have high expectations around financial accountability, transparency, and efficiency. Cloud accounting software for nonprofit management enables grantmaking foundations and philanthropic charities to focus their time and energy on their mission. Nearly 76 billion dollars were given by charitable foundations in 2019. Seventeen percent of those charitable dollars are given to nonprofit organizations from foundations, and mostly through grantmaking, which is a lot to try to manage manually.

Topics: financial management software Not-for-Profit and Faith-Based

Telltale Signs Your Organization Has Outgrown QuickBooks for Nonprofits

More than 80 percent of small businesses and nonprofits start out using Intuit® QuickBooks® to manage their accounting. It is affordable, well known, and easy to use for entry-level accounting functionality. But as an organization grows, they face significant challenges and hidden costs as they hit the limits of the functionality of QuickBooks.

Growing organizations have complex demands like automating core processes, supporting distributed work teams, consolidating multiple entities, enforcing internal controls, or delivering insight with faster report times, which QuickBooks for Nonprofits was not designed for.   

Topics: QuickBooks alternative Not-for-Profit and Faith-Based