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With increasing demands for nonprofit services amidst current economic challenges, having better means to streamline operations will help these organizations remain effective and sustainable. Leveraging cloud services can help nonprofits increase efficiencies and reduce costs.
Cloud-based financial and accounting solutions can help nonprofits have greater control over their finances and help them create better strategies in generating and using resources. These solutions can facilitate important processes such as managing membership dues, monitoring cash flow, banking, and creating budget projections.
Hosted on the Web, these solutions allow important data to be accessible from anywhere, allowing offices located outside of headquarters and volunteers working in the field to view the organization’s financial status and activities in real time. This helps them to avoid having to create and manually update duplicate data, and allows members from across the organization to make more informed decisions regarding their budget.
Cloud-hosted solutions also help nonprofit organizations reduce IT costs. Since cloud servers provide scalable data storage, nonprofits do not have to purchase additional servers and worry about energy expenses. They can also avoid hiring a large in-house IT staff because cloud providers can handle software updates and maintenance themselves. By only paying a monthly subscription fee for these services, nonprofits can conserve their resources and allocate them to more important activities.
Finally, cloud servers can help secure vital data. Reputable cloud providers can create data backups for fast and efficient data recovery. Also, with SAS70 type II compliant datacenters, they can ensure the protection of their client’s data and that they fall within regulatory standards that nonprofits may have to follow.
Elle Perkins is working as a contractor for Allcovered.com– An IT services that focuses solely on the unique computing, networking, and application needs of small to medium-sized businesses. And allowing you to maximize productivity and focus on your core services while reducing operating costs.