Nonprofit Accounting Software Market Scope
From compliance reporting to generating outcome data and giving real-time insight, non-profits have unique hurdles. Accounting software can help nonprofit staff and volunteers simplify and streamline accounting and bookkeeping tasks, ensuring that financial records are in order and reporting requirements are satisfied. The focus of nonprofit accounting software is on money in all of its forms (grants, donations, gifts, and member contributions). Nonprofit accounting enables organisations to handle their finances in a transparent manner so that donors may see how their donations are being used. Special accounting reporting is also required to meet with grant submission standards.
The Nonprofit Accounting Software market study is segmented and major geographies with country level break-up.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Nonprofit Accounting Software market throughout the predicted period.
Sage Group plc (United Kingdom), Oracle Corporation (United States), Intuit QuickBooks (United States), Aplos Software (United States), Blackbaud, Inc. (United States), MIP Fund Accounting (United States), Breeze (United States), Church Windows Software (United States), Blackbaud, Inc. (United States) and Suran Systems, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Pushpay Holdings Limited (New Zealand), Araize, Inc. (United States), Fund EZ (United States) and Billhighway (United States).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Nonprofit Accounting Software market by Type, Application and Region.
On the basis of geography, the market of Nonprofit Accounting Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On 30th August 2017 - MIP Advance Launched New Interactive Dashboard, Reporting Enhancements, And Expanded API. The Latest Release Includes, A Redesigned Dashboard User Interface That Supports Visual Reporting Across a Number of Charts and Key Performance Indicators (KPIs), Straightforward Data Entry, etc.
- Rising Number of Financial Complications
- Increasing Number of NGO’s Globally
- Stringent Compliance Norms
- Integration with Advance Technologies Including Blockchain and AI
- Technical Glitches and Errors
- Data Security Concerns
Key Target AudienceNonprofit Accounting Software Developers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Nonprofit Accounting Software Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.