Since non-profit organisations are required to keep all of their financial records and spending of the funds completely transparent and strictly monitored, complications in a growing firm may arise. Hence, to keep things simple and manageable, an Enterprise Resource Planning system is probably the best solution for a non-profit organisation.
An ERP ensures the smooth running of all processes as well as guarantees the accuracy of all financial records regardless of the size of the data or the changes that occur. In an organisation with various numbers of departments, an ERP will support the distribution of data within those departments.
If needed, the ERP can combine all of the important data in the different departments so that the whole system becomes much easier to handle and manage. This enables a better progress rate for the non-profit organisation.
While a CRM software will only look out for the details related to the customers of a non-profit organisation, implementing an ERP solution allows the company to focus on the data. If any problem occurs with any department of an organisation, the ERP will alert all the departments about the issue.
Not only will it provide the alert, but also give accurate details about the facts and figures of the current data.
An ERP software also offers secure back-end tracking, processing and reporting of donations for audit and regulatory purposes. This makes it easier for non-profit organisations to create reports in no time at all and keep track of all the fund outflows in real time. Merging the data reduces the redundancy hence, makes the programs run even more effectively and quickly.
The implementation of an ERP solution modernises the administrative processes and automates the workflow which allows the employees or volunteers to focus on what really matters; the data.
An ERP software removes the requirement of any manual inspection of the funds being spent and also effectively eliminates the chances of any false paperwork. There is also no chance of errors in the recording of data once an ERP solution has been implemented.
So, if you are a Non-profit organisation looking for an ERP solution, contact Austral Dynamics for a service beyond expectations! You may call us at (+61) 2 9763 2040.