If you’re like most in the nonprofit world, you started out using QuickBooks to manage your finances. It’s the smart choice for many new nonprofits looking for a solution for their accounting software needs —and for obvious reasons. It’s easy to use and dependable; it’s always there when you need to balance the books or track donations. But let’s face it – good enough doesn’t cut it when your organization aims for growth and efficiency beyond the basics.
View the 5 Signs Your Nonprofit Has Outgrown QuickBooks Webinar (1:01:07)
There comes a point for all mature and rapidly growing organizations grappling with complex nonprofit accounting when it’s time for something better. Take it from us —Sage Intacct could be just what you need: a purpose-built, cloud-based financial management solution designed to meet your unique needs.
Here’s why many nonprofits upgrade to an alternative solution like Sage Intacct.
Alternatives When QuickBooks is No Longer Enough
You’ve felt it—the growing pains. As your nonprofit expands, the limitations of QuickBooks become more apparent. This happens all too often, and it can be frustrating to work with a system that no longer meets your needs and slows you or your team down. But you’re in good company! Many organizations, just like yours, have faced similar challenges and felt the same strain of outgrowing QuickBooks.
Common signs that your nonprofit may be ready to upgrade to a more robust financial management system:
Your reporting just isn’t meeting the mark.
QuickBooks is great for handling basic reports. But as your nonprofit grows, you’ll need more comprehensive, detailed reporting capabilities that drive decision-making.
Data overload and way too many spreadsheets!
Not having a single source of truth is hard enough, but when you throw in managing a higher volume of transactions, QuickBooks can quickly become cumbersome. Sage Intacct can easily scale with your organization, handling more data without compromising performance or accuracy.
Managing multiple programs or locations.
QuickBooks can be limiting. It doesn’t measure up to the multi-entity management available with a more robust accounting solution (like Sage Intacct), which eases the consolidation process and delivers a clear perspective of your entire organization.
There is a lack of much-needed, mission-critical integrations.
As your organization grows, integrating with your other nonprofit systems is key to improving your overall operational efficiency and financial accuracy.
If sticking with the manual processes in QuickBooks is causing even more bottlenecks, it’s time to look for something that better fits your organization. For many nonprofits, that something is Sage Intacct.
Why Nonprofits are Switching to Sage Intacct
Nonprofits switch from QuickBooks to Sage Intacct because it benefits the organization’s future, from improving financial visibility and operational efficiency to enhancing compliance and scalability. QuickBooks helps new nonprofits keep their finances in check, but its capabilities aren’t sustainable for organizations planning to scale and grow.
The first step is to recognize your limitations, and the next step is to consider the impact making the switch could have on achieving your mission. This isn’t a decision to take lightly, and we understand that, so we’ve done the hard part for you and outlined some of the reasons why making the switch from QuickBooks to Sage Intacct is not just a good idea—it’s a strategic move for your organization’s future:
Comprehensive Fund Accounting
Sage Intacct provides robust fund accounting capabilities, making it easier than ever to track and manage multiple funds, grants, and donations.
Integration Capabilities
You can easily integrate Sage Intacct with other systems you already use, such as donor management and CRM platforms. This interconnected workflow creates a seamless pathway between financial management and other critical business processes, enabling more efficient data flow and streamlined operations across your organization.
Advanced Reporting and Analytics
With powerful reporting tools and customizable dashboards, you can generate detailed reports that provide valuable insights into your nonprofit’s financial health.
Scalability
Sage Intacct’s cloud-based architecture allows you to scale effortlessly as your nonprofit grows without the limitations of on-premise software and heavy IT investments.
Automated Processes
You will no longer need to rely on manual processes and the dreaded data entry that is prone to errors and unavoidable variances. Automating routine accounting tasks with Sage Intacct will not only save time but also reduce the risk of errors so you can better understand the performance of your initiatives and overall mission.
Overcoming the Concerns of Switching Software
Switching to Sage Intacct is about more than just overcoming QuickBooks’ limitations. With the right software upgrade, you can unlock new potential (—and uncover hidden financial opportunities) for your nonprofit, strengthening stewardship and achieving mission success along the way.
Migrating to an entirely new accounting and management software can seem daunting, but it’s manageable with the right approach. Addressing any of your concerns head-on will ensure a smoother transition and help your organization reap the benefits of more advanced software.
DWD is Your Partner for a Successful Migration
With guidance from DWD Technology Group, we can help you overcome these concerns and make your migration as seamless and simple as possible. Resisting change could cost you more than you think, which is why it’s important to conduct a thorough evaluation of your organization’s needs before you make a decision.
Take advantage of our free Software Needs Assessment to uncover the specific needs of your nonprofit organization and discover the best software options available. Our experts are here to help you choose the right solution to fit your requirements for a successful migration.
