Keeping detailed information on finances is vital to your church organization. Whether you’re looking to replace an existing fund accounting software or are looking for the first time, it’s important that the church financial software solution you choose be right for your needs.
Below are a few key features to think about and look for when choosing a new fund accounting software for your church.
Choosing a Fund Accounting Software for Churches
Cloud Accounting Software vs Traditional
One of the biggest decisions you need to make is whether you want a cloud-based accounting software or a traditional software.
Cloud accounting software will allow you to easily track, update and manage your database anytime, anywhere. Fully-integrated cloud solutions also make maintenance, backups and security a breeze, as they are typically updated automatically.
Traditional accounting software offers the same benefits as cloud solutions, however does not automatically update. Software upgrades, backups and security is all managed manually.
Ability to Capture & Track Member Data
Your fund accounting software needs to be able to capture and track specific member data. From basic info like name, address, and phone number, to demographic data such as births, baptisms, and marriages, to church committee and group member activity.
Create Easy to Use Reports
One of the main benefits to fund accounting software is the ability to create reports that are functional and easy to read. These reports will help you and your team stay on track, allowing you manage donation and contribution goals more effectively.
Want to Learn More About Fund Accounting for Your Church?
Capital Business Solutions provides fund accounting software solutions for churches. Whether you’re looking for a cloud accounting software or traditional fund accounting software, we can help you find the solution that is right for you.