Is your nonprofit struggling with the question of whether to take your fund accounting software from a standalone desktop environment to the latest in cloud technology? Ultimately, it’s up to your nonprofit organization to determine if the cloud is the right fit. Consider these factors and benefits during the decision-making process.

Modern approach

Keeping up with the latest patches and updates for your nonprofit can be a challenge. Running software as a service (SaaS) in the cloud guarantees your nonprofit or association is using the latest version of the fund accounting software. Plus, cloud computing reduces the need of onsite resources, including data servers and the staff to maintain them.

Since modern-day employees work remotely more than ever before, cloud computing allows your nonprofit or association staff to be productive and collaborate, no matter where they are, just so long as they have a smartphone or tablet with Internet access. Cloud computing has become very reliable, often boasting nearly 100 percent uptime. Flexibility is also critical in today’s workplace. Simply contact your SaaS service vendor as your computing needs change to right-size your computing environment.

Money smart

You’re aware that organizations like nonprofits and associations are always on the lookout for cost-saving solutions. Using cloud fund accounting software means you’re only paying for the cloud and SaaS services needed to run your association or nonprofit – no more wasting money on services, hardware, upgrades, and maintenance you don’t need. You can also structure your cloud and SaaS computing costs to meet the current demands of your nonprofit or association and plan for scalable solutions in the future.

Learn more about how cloud MIP Fund Accounting™ can benefit your nonprofit organization. At the end of the day, it’s up to you to decide, but we can help guide you and answer any questions.