A nonprofit organization faces many of the same challenges as a for-profit businesses, but also have their own unique set of obstacles such as limited funding, stringent tracking requirements, and struggles in raising public awareness. However, there is good news; when it comes to nonprofit accounting, Accounts Payable (AP) automation can help these organizations streamline their financial processes, improve their financial position, and conquer these challenges.
UNITI
Everything's transparent. All the invoices and paperwork are all there and readily available. Really, what is important to us is, like I said, to be good stewards of the funds that we have. And in our audit process this year went so smoothly.
Accessible Space, Inc
Before we had to wait for the approval, but now we just put them in the system, it goes to the approvers, and then we get it back within a few days, whereas before it may take like a week or two depending how slow they are to cut a check.
