Online Accounting Software - Benefits for Clubs And Associations
Some things
Are more fun
Than bookkeeping...
Proper record keeping is just as important for clubs and associations as it is for commercial undertakings. With multiple parties having full access to the financial records the accounts can be monitored as appropriate and the risk of loss is greatly diminished.
Why settle for anything less than a proper multi-user online accounting package when your club or association can take advantage of Liberty Accounts' special concessionary rate for non-profit organisations.
Liberty Accounts recently commissioned a series of case studies looking at existing users' experience of our online accounting and payroll software. A number of common themes emerged with accounting and payroll software functionality delivered as an online service being highly valued as flexible, convenient, and low maintenance.
Using Liberty Accounts online accounting and payroll software has many benefits - it can deal with accounts and payroll like any desktop package, but being online, it offers much more than traditional desktop accounting and payroll software:
Treasurer Turnover
Problem...
Many not-for-profits depend on the voluntary services of individuals to perform the duties of treasurer. It is not uncommon for the post to change hands on a relatively frequent basis. Where traditional PC installed accounts software is being used the handover can raise issues such as software licencing, user software preferences, and the need to install software and transfer data.
Solved!
Liberty Accounts makes the handover of responsibility as simple as granting access to the new treasurer and removing access from the departing treasurer.
Segregation of Duties
Problem...
In small not-for-profit organisations it is difficult to efficiently achieve the necessary segregation of duties that would be proper.
Solved!
Because Liberty Accounts is a multi-user internet system it is possible to solve the segregation of duties problem, the Treasurer, perhaps, records income and expenditure with another person banking and independently recording the paying-in slips in the system. The audit trail will clearly show who did what and when.
Best Value for Non-Profits
Problem...
You manage the finances of a not-for-profit organisation and want to enjoy the advantages offered by online accounting software but funds are limited.
Solved!
Liberty Accounts can be used by not-for-profit organisations at a special concessionary rate, provided the annual expenditure of the organisation does not exceed £100,000.
At Liberty Accounts we view corporate social responsibility as a worthwhile and rewarding investment.
Many of the benefits to non-profit organisations of using Liberty Accounts are the the same as those benefits enjoyed by business.
