It combines the core functions with a sector-specific function that a non-profit requires at one solution; minimizing data redundancy linked with disparate systems and also improving financial performances, staff accountability and productivity.
It involves Financial and Accounting management from specialized financial management to core fund accounting. Award Management-compliance reporting and funding visibility. Budgeting Tracking-budget monitoring and budget preparation. Human Resources and Payroll-rule-based, automated, and self-service Human Resource functions for employees including hiring and retiring.
The Features of Serenic Navigator
Serenic Navigator is designed for meeting the management, accounting, and administrative requirements of nonprofits from one application. It can be deployed as a SaaS/hosted solution or through Microsoft Cloud Services.
Users with the help of this software can create a customized chart of accounts, which supports 110 alphanumeric characters and might contain 10 dimensions or segments. It is ideal to create custom reports along with complete capabilities.
There are multiple features and these are discussed in our Serenic Navigator assignment help in Australia. It can handle different kinds of transactions such as standard accounting transactions with purchasing abilities. Additionally, users can manage fixed assets and can manage and track inventory.
It provides great budgeting capability and users can create sub0budgets. Users can create “what-if” budgets, which can be used together till one is selected. The created budgets are monitored easily and users can compare budget totals for viewing under as well as over-spending. The system admins can restrict budget access for eliminating unauthorized changes. Alerts can be set up if a budget is edited.
It is suited for big nonprofits, which look for a single application including complete budgeting, accounting, and management ability. Together with its core application, it provides add-on modules including Deposits and Loans, Donor Management, and Field Connect.