7 Reasons to use Expensify for your nonprofit accounting software

If you work for a mission-driven organization, you probably have enough on your mind without also needing to worry about tracking receipts and getting reimbursed. But in the busy world of accounting for nonprofit organizations, expense management often gets overlooked as a valuable place to save time and money.

We’re here to let you know choosing nonprofit accounting software doesn’t always have to be complicated! Expensify is all about simplifying your financial world and making expense tracking a breeze, and with so much important work to do in the world, it’s important for nonprofits to be as efficient as possible. So, buckle up, and let's explore the world of preaccounting and integrated accounting software for nonprofit organizations.

Efficiency and automation

No matter your mission, chances are, you have to spend some money to accomplish your goals. But when you swipe your card to make a purchase or pay a vendor, what happens next? The journey from spending to getting reimbursed can feel like jumping through hoops, but Expensify automates every step of the way. Scan receipts? Check. Categorize expenses on autopilot? Double-check. Approve expenses from employees or volunteers? Check and check. Automate next-day reimbursement? Check mate. For nonprofits juggling a thousand tasks, our platform streamlines the process, letting you focus on what really matters: your mission.

Realtime visibility

In the nonprofit game, every penny counts. That's why Expensify gives you a front-row seat to your organization's spending in realtime. No more guessing games – just crystal-clear insights that empower you to make informed financial decisions on the fly, no matter how big or small your organization’s budget.

Policy compliance

With Expensify, you can set and enforce spending policies effortlessly, removing any ambiguity about what employees or volunteers are entitled to spend, without the awkward conversations. Ensure every dollar aligns with your guidelines, promoting a culture of financial responsibility and keeping your donors happy.

Auditing and reporting

Audits are yet another piece of the nonprofit accounting puzzle that can distract you from your mission, but with Expensify, you’re always audit-ready. With detailed reports and analytics at your fingertips, you can impress your stakeholders and breeze through financial reviews, keeping a clean record of how every dollar is spent.

Accounting integrations

Expensify plays well with others. Connect it seamlessly with your favorite accounting software, creating a financial ecosystem that's as smooth as jazz. QuickBooks, Xero, NetSuite, Sage – you name it, Expensify integrates with it, ensuring data consistency and saving you from the headache of manual data entry.

Track expenses from your phone

If you feel like you’re always on the move, well so is Expensify. Our mobile app lets you capture receipts, submit expenses, and keep tabs on spending – all from the palm of your hand. Wherever your mission takes you, Expensify keeps your finances in check.

Flexible pricing options

Ranging from completely free to $18/user/month, Expensify offers flexible pricing options for nonprofit organizations of all sizes. Calculate how much it would cost to implement Expensify for your team – it’s probably less than you expect!

You have your mission, and we have ours: to make financial collaboration a breeze. With automation, realtime visibility, policy enforcement, audit-readiness, seamless integrations, and mobile magic, Expensify is here to make accounting for your non-profit a whole lot easier. Say goodbye to financial headaches and hello to a world where your nonprofit's financial game is always on point.

Want to learn more? Check out our post on debits vs credits in the accounting world.