Aplos Software, which makes web-based fund accounting software for small nonprofits and faith-based organizations, has released Aplos Oversight. The new module helps streamline accounting oversight for church denominations, nonprofit headquarters, church planting organizations and nonprofit bookkeepers and CPAs. With Aplos Oversight, administrators can easily view and manage the accounting of multiple organizations.
Aplos Oversight enables an authorized user to establish and oversee the accounting for multiple nonprofits for increased administrative control, standardization and transparency.
“Aplos Oversight is the perfect solution to the common problem of obtaining timely, accurate and consistent accounting information from a large number of small nonprofits that administrators of church denominations, church planting organizations and nonprofit headquarters frequently face,” said Tim Goetz, CPA and cofounder of Aplos Software.
Nonprofits and Faith-based Organizations Connected in the Cloud
With Aplos Oversight’s web-based system, administrators of nonprofits can use a single log in to view the accounting data for all participating local organizations in real time. Aplos Oversight also helps accountants and bookkeepers have immediate access to their nonprofit client’s accounting. This is a significant improvement and timesaver over the traditional method of saving a backup of a desktop accounting software, emailing the file to the bookkeeper or administrator, who then uploads and restores the backed-up file for viewing.
Administrators using Aplos Oversight can also standardize accounts across their organization by implementing a custom chart of accounts for each office resulting in more ordered analysis of the finances of the overall organization.
Aplos Oversight makes this type of analysis simple and increases the transparency of an organization by providing accounting information in both summary and detailed forms. Summary data of all participating suborganizations provides administrators with a snapshot of the overall financial health of their entire organization. Detailed accounting can also be reviewed if needed, such as confirming that a journal entry was made correctly.
Fund Accounting Tailored for Nonprofits and Faith-based Organizations
Beyond improved transparency and consistency of accounting throughout their organization, nonprofit administrators also benefit because their participating local organizations will use Aplos Accounting, a true fund accounting software that is so simple, a non-accountant can use it comfortably and accurately.
With positive reviews from customers and experts alike for its affordability and intuitive system, Aplos Software’s web-based fund accounting suite is priced from $11.99 up to $30.95 per month based on the number of users and functionality needed, such as contribution management, budgeting, bank reconciliation, check printing and a people database.