Cloud Technology Improves Nonprofit Financial Management

Cloud technology has come a long way from being a “nice to have” to being an essential part of any nonprofit organization. Many organizations now embrace the cloud to run their software and conduct daily business. If you’re still on the fence about whether or not to move your software to the cloud, reviewing how cloud technology boosts nonprofit financial management may just convince you to give cloud-based technology a try.

Hear about how much success the Easter Seals is experiencing after moving to a cloud-based solution.

Forward Together: Easter Seals Rio Grande Valley – Nonprofit software user point-of-view story from Abila on Vimeo.

 

What Is the Cloud?

“The cloud” sounds like a difficult concept, but it’s actually a fairly straightforward idea. You’re probably already using cloud-based systems now in your personal life, but you just don’t realize it. “The cloud” refers to a group of shared network servers that run and host software as well as provide storage for companies. Many social media websites, picture-sharing sites, and web hosting platforms run from cloud-based infrastructures that offer low-cost yet high-quality service.

Business software on the cloud offers many advantages. It scales easily as your organization grows. You can add more users without having to install it on new computers. More features are available to small organizations through cloud software than previous site licensed versions, and these features can provide better resources and tools for nonprofit financial management.

Three Reasons to Shift Nonprofit Financial Management to the Cloud

There are many great reasons to move your nonprofit financial management software to the cloud. The following three rank among our top favorites for why nonprofits should embrace the cloud.

  1. Saves money: Cloud software is hosted and managed by a third-party vendor. This means that they take care of the installations, upgrades, and security. All you need to do is access the software via an internet link and you’re all set. You do not need to employ an IT consultant or as many IT people as if you hosted it yourself. You also do not need to invest in specific hardware to run the software. Most cloud-based software programs run on any standard computer, tablet, or even a mobile device.
  2. Easier integration: Many cloud-based software products such as Abila software can integrate more easily with other software applications. This helps improve productivity through the use of better-shared easier integration also means less reliance upon custom programming, which can get expensive, to build the exact software that you need to run your nonprofit organization. By connecting and integrating existing packages, you can build a system that works well for your needs.
  3. Better security: We’ve all read or seen reports about data security breaches. These breaches can happen to anyone. It can be difficult and expensive to maintain the security needed to prevent cyber criminals and hackers from accessing valuable and sensitive data and information on your own systems. Cloud-based systems invest heavily in security measures to protect their clients’ information. Most cloud systems are well protected with the latest firewalls. They also update their software frequently which improves its ability to close gaps that hackers exploit for malicious intent. Better security gives you greater peace of mind in your nonprofit financial management.

Nonprofit Financial Management Software

Nonprofit financial management software available on the cloud today encompasses fund accounting, donor management, membership management, and other tasks common to nonprofits. RBP Methods offers many cloud-based packages that can enhance your nonprofit’s ability to manage funds, provide clear reports, and enhance transparency among members, donors, and staff.

RBP Methods offers Abila MIP Fund Accounting, grant management software, AccuFund CRM, and many other packages that can make it much easier for you to manage your finances, accounting, and communications.

We’d love to talk to you about your nonprofit financial management software or other needs. Contact us today or call 503-648-9051.