Many volunteer treasurers long for an easier way to keep up with all of their bookkeeping and reporting requirements, but dread the thought of installing a new software system, and learning how to use it. While any time of year is a great time to consider trying Admin Bandit’s bookkeeping suite, the end of year is an especially great time to give it a try.
Save
Time at the End of the Year
Since its fully automated, it can help
treasurers reclaim some of their valuable time. The holidays are full of
frenzied, last minute activities, so anything that can help you save time is especially
beneficial.
Fast
and Easy Set Up
What does it take to get started using it?
About two minutes. All you need to enter is your NPF’s banking information,
unpaid invoices and member details. Once this data has been entered, log back
in and you’re ready to go!
Increase
Accuracy and Remain in Compliance
Important tasks, such as recording
transactions and reconciling statements, are basically done for users using the
software’s automated processes. The software also calculates GST and other
payments automatically as well, and prompts users about when they need to file
reports, and when they are required to be lodged. These features improve the accuracy of your
records and helps your NFP to remain in compliance with various reporting rules
and regulations.
Protect
Your Financial Information and Other Data
Since everything is stored online, in the
cloud, you no longer must worry about losing your information to the results of
a disaster, such as a flood or fire. It also makes your data more secure and
reduces the risk of loss due to physical theft or corruption of your data.
Automatic
Updates
Users also never have to worry about their
software going out of date, since its automatically updated any time there is a
change in the programming. Just login online to ensure that you have the latest
version of the software, which is updated any time there is a change in
reporting or other requirements.
Historical
Data
Once you’re used the software for a while,
the system will begin to provide historical reports which makes it easier to
identify changes that occur over time. This feature is helpful whether there
have been changes to your members list, or in the actual performance of a
specific department. Regardless of where change has occurred, you and your
board will have a handle on it!
This makes it easier for boards to make
more informed decisions that will affect the NFP’s finances, and increases
transparency in the decision-making process. Having a bookkeeping system that
basically does much of the work for you will also go a long way towards making
it easier to recruit your NFP’s next volunteer treasurer!
If you would like to see just how easy the
software is to use for yourself, why not sign-up today for a free 55-day trial?
