Why your Not for Profit needs a smarter business solution

Why your Not for Profit needs a smarter business solution

Purchasing an ERP software solution, to streamline your Not for Profit organisation, is a crucial business decision. It offers a tangible return on investment, with time saved and increased accuracy within your business.

For Not for Profit organisations an effective and accountable management system is essential – influencing everything from public confidence in your organisation; to being able to easily manage the requirements for accurate reporting for tax reporting and/or funding with small teams of administrative staff; to managing multiple locations or varied service offerings.

With the NDIS system expanding, your NFP team are supported in streamlining current processes to ensure compliance, with an end to end business management solution, such as MYOB Advanced, to focus on the important work that you are doing, rather than just on your finances.

Our team at Horizon Business Systems are specialists in the Not for Profit space and we have put together some top reasons why other Not for Profits in Western Australia have chosen MYOB Advanced:

It saves time:

Having access to precise, thorough reporting will not only save time, but also allow you to plan ahead to grow your organisation. Having better insight into your business processes, will ultimately save you time, money and headaches going forward.

Manage costs accurately:

Smaller systems often don’t manage purchasing well and have no approval processes which is often needed in Not for Profit. MYOB Advanced allows Management to approve purchase orders prior to committing to the spend against budgets in order to better manage costs.  Not for Profits can need to manage projects with time and cost tracking which can run over many years and that smaller systems (with limitations to one financial year) cannot manage.

A system that can grow with you:

We want your ERP solution to grow with you. MYOB Advanced offers a fully scalable platform, meaning it’s easy to add features that you don’t need now but may do in the future when your organisation or its service offerings expands.

Helps Manage Your Diverse Workforce:

Not for Profits often have a dispersed workforce, perhaps with varied shifts and work hours, week to week or multiple locations. Managing payroll for staff can be quite labour intensive and inaccurate. Having a streamlined software solution, can take the pain out of this process, while ensuring accurate payroll processes.

Allows for Simple Reporting to the Tax Office and other stakeholders:

Not for Profits have a heightened need to report accurately and transparently to the Tax Office and other stakeholders. The MYOB Advanced ERP system allows you to do just that with efficient reporting and customisable templates making it easy to manage your books and report effectively.  Horizon and MYOB Advanced allows your company to build their own Chart of Accounts, cost centres, sub accounts and branches and gives flexibility in reporting for different stakeholders.  Often integration to Government agencies, such as NDIA, is a requirement and, with MYOB Advanced, we can automate these transactions so time is not wasted with keying in or preparing lengthy spreadsheets to upload.

Cloud Technology:

Moving your business to the cloud is not a matter of if, but when. This technology removes the need for expensive servers and allows your staff access to real time information, from anywhere with an internet connection. You can also “Mobile enable” your workforce, giving access to information via their smart phones.   MYOB has an extensive history as an innovator and market leader in management software solutions and Cloud technology.

Customisable to Suit Your Organisation:

The right ERP software can be customised to suit the unique needs of your organisation. Each organisation is different, and you need the flexibility to add in features that suit your unique requirements.  Horizon Business Systems have worked with hundreds of businesses, including many Not for Profit organisations, and we take the time to understand your business needs and aims.

Ongoing, Local Support:

Ongoing training and support is important to ensure a smooth transition and adoption by all staff. It’s important to have a local provider who is there not only for the initial set up, but also for any ongoing training and support you require.

Horizon Business Systems are a locally based Perth business and have provided consultancy, implementation, ongoing support and professional service partnership for over a decade. Horizon are ERP business system experts and have provided a software management solutions for many West Australian based Not for Profit organisations. Contact us today, to see how Horizon can help your Not for Profit achieve it’s business aims into the future.