The 5 Best Alternatives to Nonprofit Bookkeeping in 2024

The 5 Best Alternatives to Nonprofit Bookkeeping in 2024

Written by 
Pilot Team
April 23, 2023
The 5 Best Alternatives to Nonprofit Bookkeeping in 2024

Nonprofit bookkeeping involves the process of recording and managing the financial transactions of a nonprofit organization. While it is essential for maintaining accurate financial records and ensuring compliance with regulations, it may not always be the best fit for every organization's unique needs. That's why we've compiled a list of alternatives below to help you find the right solution for your nonprofit.

1. Pilot

At Pilot, we provide accounting, CFO, and tax services tailored for startups and growing businesses. Our team of experts, combined with our software, delivers accurate monthly financial reports, allowing you to focus on what matters most - growing your business.

What We Do

As a leading provider of financial services, we cater to Mid-Market, SMB, and Startup clients across various industries, offering specialized expertise to meet their unique business needs. Our dedicated team ensures personalized solutions that align with our clients' goals:

  • Industries: We specialize in working with high-growth technology startups, ecommerce providers, professional services, non–profits and more.
  • Services: Accounting, Advisory, Financial Planning & Reporting, and Outsourced CFO support for QuickBooks Online.

Our team of over 250 US-based employees, including accountants, fractional CFOs, and tax specialists, work with thousands of startups and growing businesses. We understand the unique challenges that come with scaling a company and are committed to providing triple-checked financial statements for your peace of mind. Trust us to deliver accurate monthly financial reports, so you can focus on what matters most - growing your business.

Why Use Pilot?

  • Innovative workflows for improved accuracy: Pilot utilizes advanced technology and processes to ensure the highest level of precision in bookkeeping, tax, and CFO services, allowing you to have confidence in your financial records.
  • Enhanced communication and collaboration: Our team of experts works closely with your business, fostering a strong partnership and providing timely support to address your financial needs and concerns.
  • Extensive experience at every stage of growth: Pilot has helped companies secure over $10B in fundraising and save over $36M in R&D tax savings, demonstrating our ability to support businesses at all stages of development.
  • Wide range of services and industry expertise: We offer a comprehensive suite of services, including bookkeeping, tax, CFO, stock administration, and AP/AR, and cater to various industries such as startups, professional services, consumer goods & retail, law firms, and consultancies.
  • Integration with over 250 finance tools: Pilot seamlessly integrates with a vast array of finance tools, ensuring a smooth and efficient workflow for your business's financial management.

Our Pricing

Pilot offers various pricing options for their services:

  • Bookkeeping: Starter ($499/month), Core ($699/month), and Plus (custom pricing).
  • Tax: Essentials (starting at $2,450/year) and Standard (starting at $5,400/year).
  • CFO Services: Basic ($1,875/month), Essential ($3,375/month), and Custom ($5,625/month).

For custom pricing plans, visit the Pilot pricing page and contact sales for a quote.

2. ProvenCFO

ProvenCFO is a finance management company that offers core accounting and financial services to startups and SMBs. They focus on providing relevant, reliable, and real-time reporting to help businesses make informed decisions and navigate through various stages of growth.

  • Industries: Agriculture & Farming, Blockchain & Cryptocurrency, Construction, Consumer Services, eCommerce, Financial Services, Food & Beverage, Healthcare Care Equipment & Services, Insurance & Brokerage, Manufacturing, Pharmaceuticals, Biotechnology & Life Sciences, Professional Services, Real Estate & Development, Retail, and Software.
  • Services: Accounting, Accounts Payable, Accounts Receivable, Advisory, Bookkeeping, Financial Planning & Reporting, Outsourced CFO, Payroll, and Technology Implementation & Consulting.
  • Pricing Plans: Base ($999/month), Plus ($2,499/month), and CFO ($4,999/month).

3. airCFO

airCFO is a company that specializes in providing accounting, finance, people operations, and tax services for startups. They use proprietary technology and a dedicated team of experts to deliver tailored services, helping startups navigate complex financial and operational issues from inception to exit.

  • Services: Accounting, Accounts Payable, Accounts Receivable, Advisory, Bookkeeping, Financial Planning & Reporting, HR, Outsourced CFO, Payroll, and Tax Preparation.
  • Industries:  Business Services, Information Technology, Finance Technology, Health and Bio-Tech, Real Estate, Construction, Hospitality, and Aerospace Technology.
  • Pricing Plans: Pricing varies based on the stage of the startup and the services required. For example, for the "Launchpad" stage (Pre-Seed), the pricing is as follows: Accounting - $500/month, Finance - $315/hour, Tax - $750 annually, People Ops - $750/month.

4. Furey

Furey is an accounting, finance, and payroll partner for venture-backed startups, offering dynamic solutions that combine expert guidance and smart technology. They help high-growth companies across industries make informed decisions and move forward confidently, with a focus on building efficient, scalable processes.

  • Industries: The website does not provide specific information about the industries served by Furey.
  • Services: Accounting, Finance, and Payroll, including Accounts Payable, Accounts Receivable, Technical Accounting Guidance, GAAP-based Financial Reporting, Financial Modeling, Cash Flow Forecasting, KPI Dashboard Reporting, Variance Analysis, Unit Economics Forecasting, and HRIS Census Updates.
  • Pricing Plans: Furey works on a monthly retainer model tailored to the client's needs, with Accounting services starting at $1,500 per month, Finance services starting at $1,000 per month, and Payroll services starting at $500 per month.

5. Fondo

Fondo is an all-in-one accounting platform designed for startups, offering bookkeeping, tax, and tax credit services. Backed by Y Combinator, Fondo helps startups manage their finances efficiently, ensuring accurate financial reporting and maximizing cash back from the IRS, with the average startup receiving $21,000 in returns.

  • Industries: The website does not provide specific information about the industries served by Fondo.
  • Services: Tax Credits, TaxPass, Bookkeeping, and Global TaxPass.
  • Pricing Plans: Monthly Bookkeeping starts at $599/month for Business Monthly and $499/month for Premium Monthly, with custom pricing for Enterprise. They also offer different rates for Quarterly & Annual bookkeeping, and pricing for Tax Services.  For more information or to get a quote, visit the Fondo Special pricing page.

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