QuickBooks for Nonprofit Integration with Other Software: Why It’s Important
QuickBooks for Nonprofit has become a popular cloud-based financial accounting software choice for many organizations. This brings up the question: what is the state of QuickBooks for Nonprofit Integration with Other Software?
Most Nonprofits use a variety of software programs that touch on finances in some way. For example:
How Does the Money Move?
With the above examples, QuickBooks for Nonprofit integration with other software seems to be important. Yet, the degree of integration depends on the capabilities of each software program used by the Nonprofit.
Total lack of integration means transactions in a software program must be manually duplicated in QuickBooks for Nonprofit. Although this highly inefficient process sometimes occurs today, it is more likely that some degree of integration exists with QuickBooks.
There are two general categories of integration.
The first (and worse) is exporting/importing files. An example would be data exported from a Peer-to-Peer fundraising program and then imported into QuickBooks. This has significant disadvantages.
The second type is built-in integration with QuickBooks. An internal interface for programmers allows direct interaction with QuickBooks. This way, software vendors can create a seamless integration with the Nonprofit’s financial accounting processes.
Nonprofits should require this second type of integration when considering any software purchase. These specific integration features should be present:
So, QuickBooks for Nonprofit integration with other software should top of mind for Nonprofit decision-makers. Nonprofits that achieve tighter integration between QuickBooks for Nonprofit and their other software programs will be rewarded with greater efficiency and lower operating costs.