Fund Accounting | Striven

Fund Accounting

Transform your fund, non-profit, or government finance management into an efficient, error-free process.

Elevate Your Organization's Financial Health*

Private funds, governments, and non-profits have unique accounting needs.
Striven is here to make sure that your data is precise, actionable, and results-driven.

*Striven is developed and rigorously tested to be compliant with Generally Accepted Accounting Principles (GAAP).

Master Your Finances

Mitigate financial risk while navigating the complexities of handling varied income sources with ease.

Experience an unparalleled, holistic approach to fund management that not only boosts your financial health but also fosters trust, accountability, and mission-focused growth

Green checkmarkFund-Specific Accounting

Green checkmarkBudgeting & Forecasting

Green checkmarkDetailed Reporting

Green checkmarkCompliance Management

Green checkmarkGrant Management

Green checkmarkStakeholder Portals

Generate Trusted Financial Data

Experience the true value of precise fund management with flexible reporting, robust tracking capabilities, and an intuitive interface.

striven chart of accounts

Fund-Specific Accounting

Striven can segregate financial resources into categories or ‘funds,’ each with its dedicated ledger.

Ensure compliance with whatever restrictions are necessary while enhancing the financial integrity of each fund.

Budgeting & Forecasting

Create, manage, and track budgets for different funds.

Monitor actual expenses against budgeted amounts, and forecast future financial needs accurately.

Detailed Reporting

Striven provides comprehensive, fund-specific financial reports.

Tailor your reports to your needs and generate real-time data on fund performance, income and expense statements, and balance sheets.

Compliance Management

Striven has built-in features to ensure that your organization adheres to financial reporting standards and guidelines, reducing the risk of non-compliance penalties and reinforcing trust with stakeholders.

striven business management software

Grant Management

Striven offers a dedicated module to manage grants from application to closing, including tracking grant-related income and expenses, reporting, and ensuring compliance with grantor requirements.

Stakeholder Portals

Strengthen your stakeholder relationships with our intuitive stakeholder portals. Create a dedicated space for clear communication, swift document sharing, and real-time updates.

Provide stakeholders with direct access to relevant fund information, project progress, and financial reports.

Striven customer review rating 5 stars

 

“Striven has done wonders for expediting our
financial/staff/HR/registration documentation.”

 

“Students and their families have benefitted from Striven’s robust tools and applications.”
—Matthew B., Youth Pastor, Fountain of Life Center

 

Ready to try it? Start here.

Frequently Asked Questions

  • What is fund accounting software?

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    Fund accounting software is a specialized financial management tool designed for non-profit organizations, government agencies, and other entities that need to track income and expenditures by specific categories, or “funds”. It helps ensure funds are used as intended and provides clear, detailed financial reporting.

  • How is fund accounting software different from regular accounting software?

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    Unlike regular accounting software, fund accounting software is designed to manage and track income and expenditures across multiple, separate funds within the same organization. It ensures compliance with restrictions on fund usage and helps demonstrate accountability to donors, stakeholders, and regulatory bodies.

  • Can Striven help with compliance management?

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    Yes, Striven includes features to ensure that your organization adheres to financial reporting standards and guidelines, reducing the risk of non-compliance penalties and reinforcing trust with stakeholders.

  • Can I manage grants with Striven?

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    Yes, Striven provides a dedicated module to manage grants from application to closing. This includes tracking grant-related income and expenses, reporting, and ensuring compliance with grantor requirements.

  • Is Striven’s platform mobile-friendly?

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    Yes, Striven is fully optimized for mobile devices. This means you can manage your finances from anywhere, anytime.

  • How does Striven handle accounts payable and receivable?

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    Striven allows you to efficiently manage bills and invoices, tracking them all in one place. You can monitor outstanding debts, payments, and due dates, ensuring timely payments and minimizing financial risks.

  • Can Striven assist with donor management?

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    Yes, Striven includes many donor management features. These allow you to manage donor profiles, track donations, and maintain comprehensive donor histories, often including communication tools to facilitate engagement and maintain relationships with donors.

  • What kind of reporting can I expect from Striven?

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    Striven provides comprehensive, fund-specific financial reports. You can tailor these reports to your needs and generate real-time data on fund performance, income and expense statements, and balance sheets.

  • Can Striven handle tax calculations and adjustments?

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    Absolutely! Our software has a comprehensive tax management system that can handle different tax rates, tax exemptions, and tax computations, saving you the hassle of manual calculations.

  • Can Striven integrate with other systems?

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    Yes, while Striven is an all-in-one management software designed to handle everything your organization needs, you can check out our list of integrations right here.

Striven's Got You Covered

Whatever your needs, Striven is here for you, making your financial management just a little easier.