Sage Accounting Software for Nonprofits

Empowering Nonprofits with Smarter Accounting

Sage provides robust accounting and financial management tools tailored for nonprofit organizations (NPOs). By leveraging integrated add-on software, Sage enhances its core capabilities to deliver greater functionality, automation, and digitization — all of which help nonprofits overcome common operational challenges.

Sage for Nonprofits at a Glance

Sage nonprofit accounting software includes Sage 50 and Sage Intacct, which can be used for fund accounting and other functionality to meet nonprofit organizations’ unique accounting management needs. 

Sage 50, the focus of this article about Sage for nonprofits, is used by smaller nonprofits than Sage Intacct for nonprofit entities. Sage ERP software includes Sage 100 ERP, which doesn’t offer a Sage non-profit edition. Sage 50 is cloud-based, hosted software. Sage 50 competes with QuickBooks Online, although it provides more functionality. 

Note: Sage has discontinued its Sage 50 Nonprofit Accounting software product (formerly Sage 50 Peachtree Premium Accounting for Nonprofits). Instead, it recommends that small nonprofits use Sage 50c as a replacement in the US or Canada. Sage offers Sage 50c and Sage Intacct pricing plans for small NPOs or medium-sized nonprofits that will fit their software budgets. 

When using Sage 50c, NPO users need to set up a nonprofit chart of accounts, follow nonprofit revenue recognition and other nonprofit accounting processes, and use financial reports that will comply with GAAP for nonprofits. Sage 50’s Home window has a structure that uses its modules for navigation. Sage 50 has functionality for project allocations. 

How Sage Supports Nonprofit Success

Sage enables nonprofit finance and accounting solutions that handle some nonprofit challenges experienced by its Sage 50c (and Sage Intacct) accounting system users, which are domestic and international nonprofits. Sage for charities and nonprofit users includes charities, foundations, faith-based organizations, and other types of NGOs (non-government organizations).

The Sage nonprofit solutions offer:

• Non-profit accounting 
• Donor management
• Grant management, including grant tracking
• Budgeting and planning
• Consolidations
• Reports and nonprofit financial statements
• Dashboard with metrics and visualizations for data-driven decisions

Sage nonprofit accounting software, which can comply with GAAP (generally accepted accounting principles), manages donors, grants, funds, and project accounting financial data. 

Although Sage did offer a non-profit fundraising solution, that software product was sold to Abila. Sage for nonprofits can be integrated with third-party fundraising software that meets each NPO’s unique needs.

For a real-world glimpse into how nonprofits can leverage Sage dashboards and reporting capabilities, view the Sage datasheet on Nonprofit Reporting and Dashboards.

Seamlessly Scale with Sage Integration Add-Ons

Integrating add-ons with Sage enhances Sage functionality with digital transformation and automation. These add-on integrations, including accounts payable software and other finance and business automation products, improve return on investment and enhance scalability in applicable functional areas. 

Sage integration options include finance and non-profit accounts payable automation, CRM (customer relationship management) software such as Salesforce, and e-commerce integration. 

Tipalti Finance Automation Software Integration

Although Sage for nonprofits with Sage 50 (and Sage Intacct Nonprofit, which is cloud accounting software) provides essential non-profit financial management software, Tipalti offers a unified add-on finance automation software platform, integrating with Sage accounting software and Sage ERPs (including Sage 100 and other Sage ERP products) as a more comprehensive management solution.  

Tipalti finance automation software products include AP automation, mass payments (for payouts), Expenses for employee expense management, advanced FX products, Multi-FX and Tipalti Hedging (for accounts payable), and Procurement. Procurement handles PR intake, automates routing for approving PRs, and automatically creates purchase orders (POs) from approved purchase requisitions (PRs). Besides these accounting software and ERP integrations, Tipalti also offers the Tipalti Card, a managed corporate spending card, to its approved users who apply for the payment card (which is issuable to authorized employees). 

Benefits of Tipalti AP Automation Software Integration with Sage

The Tipalti AP automation software solution streamlines workflows and strengthens financial controls to reduce fraud risks and errors. Tipalti’s efficiency and ability to digitize, automate, and avoid bottlenecks from time-consuming manual processes and data entry systems may help motivate your nonprofit employees and reduce their stress levels. 

Automatic payment status for vendors lessens the nonprofit team’s interruptions in answering supplier payment inquiries. Real-time automated payment reconciliation can speed up each accounting close by up to 25%. The finance team will free up time in their schedule for more analysis and other strategic finance projects that will help your nonprofit grow. 

Features of Tipalti AP Automation

Tipalti AP automation software features offered include:

• Digitally capturing supplier invoices by header and line item for invoice processing
• Self-service supplier onboarding, including collecting W-9 or W-8 forms before the first payment and selecting a preferred payment method from 50 choices
• Supplier validation with TIN matching for fraud detection
• 3-way matching (or 2-way) with the PO and GRN (goods received notice)
• Automated global regulatory compliance with sanctions list screening
• Automated invoice approval routing
• Global payments to 200+ countries in 120 local currencies
• Large multi-currency invoice payment batches
  • showing cash flow requirements before each scheduled batch payment
  • using multiple payment methods 
  • With instant payment reconciliation
• Real-time visibility of spend data with dashboards 
• AI-driven spend analysis queries for business intelligence and informed decision-making
• Real-time payment status for suppliers and other stakeholders
• Security features and audit trail 

Tipalti offers multi-entity accounts payable features for integrated multi-entity accounting software like Sage Intacct or other integrated ERPs with that capability. 

Transform Your Nonprofit with Digital-First Finance

Nonprofits need digital transformation to eliminate error-prone paper-based manual systems, use more efficient automated workflows to save time on daily routine tasks, and improve financial controls and employee satisfaction. Your nonprofit CFO and financial team should understand the full benefits of implementing digital transformation with automation software by integrating third-party add-ons with Sage for nonprofits. 

Tipalti’s cloud AP automation software lets your staff complete invoice processing on time to take advantage of early payment discounts from suppliers, reducing costs. It also provides real-time spend visibility and AI-driven spend queries with Ask TipaltiAIâ„ . 

With Tipalti, your nonprofit can make informed decisions to save money on expenditures by category and supplier or payee and ensure its fiduciary responsibility obligations are met. 

Your nonprofit organization must use the best nonprofit accounting software for digital transformation. 

Tipalti finance automation software products integrate with and digitally transform and improve Sage (or other) accounting or ERP solutions for nonprofits to handle accounts payable invoice processing, employee expense management, mass payments, and automatic purchase order creation from approved purchase requests in Procurement. Book a Tipalti demo to get started.