Financial Management for Nonprofits
Serenic Navigator, certified for Microsoft Dynamics NAV, is the leading integrated financial management solution for nonprofits. In Navigator, you get the best combination of financial management and fund accounting features available for nonprofits. As a fully integrated solution, Navigator offers the important core financials for nonprofits plus a comprehensive suite of additional functionality modules including: grant management, fundraising management, ministry budgeting and program management, automated human resources and payroll management, and web portals.
Instant Access to Accurate Financials
When it comes to your core financial systems, your existing and prospective contributors expect accurate and up-to-the-minute financial reporting. Serenic Navigator gives you instant access to the financial management tools you need to manage your nonprofit organization with confidence, efficiency, and reliability. From General Ledger (GL) to Accounts Payable (A/P), and Accounts Receivable (A/R) to Cash Management and Reporting, you can access the information you need when you need it.
Nonprofit Budgeting and Forecasting Tools at Your Fingertips
Using the advanced budgeting and forecasting for nonprofits functions you will get real-time access to your organization’s actual expenses and see at-a-glance how they match against forecast. Plus, you can be confident your individual funding accounts and financial requirements are enforced. You can easily set up budget rules to include commitments, encumbrances, actual expenses, outstanding transactions, establish budget tolerances, and also manage budget approvals and notifications.
Simplify your Deposits, Loans and Investment Activities
With streamlined deposit and account maintenance activity functions, including interest calculations, you have all the tools you need to quickly manage your investments, deposits and revolving loans. Loan activities are easily tracked and updated including principal payout and amortization schedules. Endowment investments and foundation investment activities are managed simply. You can even automate investment pool accounting and get instant access to individual balances and activity records for each investor. The Deposits and Loans module integrates effortlessly with the Serenic Navigator General Ledger, as well as its Accounts Payable, Cash Receipt and Cash Deposit functions, for up-to-the-minute management and reporting.
Automate Manual Transactions with Advanced Allocations
Serenic Navigator lets you automate manual transactions, including percentage-based allocations, as well as pooled revenue and expense accounts. With advanced allocations for nonprofits fully integrated in Navigator, the calculations can be performed at the time of transaction entry, or you can schedule batch allocations to handle ongoing activities. Automating allocations improves the timeliness and accuracy of the financial data – and you have instant access when you need it.