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There are a number of Nonprofit organizations operating in the East African region primarily set up to improve the living conditions for a healthier environment in countries like Kenya, Uganda, and Zambia. As these NGOs plan to grow globally, it becomes essential for them to keep track of the funds they receive from donors and provide the donors with clarity on the usage of the funds.
ERP systems for a nonprofit organization can maintain donor information and assist management in monitoring spending in accordance with the authorized budget. As a result of efficient expense management, NGOs can spend more on humanitarian initiatives. ERP software for nonprofits also improves process transparency by providing real-time reports to stakeholders and the broader public.
It becomes essential to control globalization's effects on international development, making internal and external communication more accessible and more effective. However, most of the data is still prevalent in traditional spreadsheets and conventional ERP, ultimately decelerating data visibility and affecting insights of the organization. Fundraising, planning expenditures, and tracking finances which form the core functions of any nonprofit organization become a strenuous task due to inaccurate data organization and extraction.
Greytrix Africa’s Sage X3 ERP with its gamut of unique features, takes care of your organization’s business data. The specific industry requirements for non-profit organizations include:
Greytrix Africa’s Sage X3 ensures to deliver a robust ERP software suite with a comprehensive end-to-end solution for your non-profit organization. It takes care of the revenue cycle from grants to disbursements, providing visibility over your total expenses with effective planning to cater to futuristic needs, thereby keeping your non-profit organization at the forefront.
Sage X3’s useful features like financial accounting, material management, customer service, sophisticated reporting tools, etc., substantially help create useful reports, offering clarity on the expenditure of funds driving the performance of your Non-Profit Organization. As an effective ERP solution, Sage X3 stands out, planning all your activities and streamlining them to offer a secure and up-to-date business process, thereby focusing all your efforts on creating a social impact rather than being wound up with the functionality of business data.
With every transaction, nonprofit organizations need to keep a record of the source, purpose, and other attributes. For a maximum impact, you need to deliver visibility requiring an exploded view of transactions which calls for a robust business management solution. Greytrix Africa’s Sage X3, with a detailed view of its transactions, responds to the stringent requirements by collecting relevant data to create a maximum service impact for your NPO.
Greytrix Africa’s Sage X3 makes navigation user-friendly with interactive portals designed for specific roles. This enhances performance indicators that offer flexibility to the organization. The full integration of office tools with Sage X3 improves the overall functionality of the non–profit organizations covering all the operational needs in terms of finance, grant contract management, fundraising, distribution, logistics, etc.
Nonprofits may receive substantial donations from abroad or may need to order products from overseas. Cloud-based Sage X3 software makes multi-currency transactions more effortless. Currency and Exchange Rate masters, which capture numerous exchange rates and conversion factors, help you manage transactions and reports in several currencies.
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