If there were a single word to describe the state of the not-for-profit marketplace, it would be "accountability."The scrutiny given many nonprofits in the wake of the tsunami and hurricane crises of the past 18 months, combined with some high-profile scandals among national and local nonprofits, has done for this market what Enron did for public corporations - driven the demand for clear audit trails and better reporting of nonprofit financial information.
The accounting software industry has responded to this call for accountability with substantially enhanced data management and reporting systems. In fact, all nine of the products presented here have upgraded their compliance and reporting features within the past year to meet this requirement.
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