Survey Says…What is the Most Popular Nonprofit Accounting Software?
We’re in the midst of a generational passing of the torch. As Baby Boomers leave the work force, Gen X, Gen Y, and Millennials take up the slack.
I did a Google search to set the parameters on each of the generations. Most sources agree on the definition of Baby Boomers. There is some argument (including an argument between Slate and the New York Times) about the other three including whether or not Gen Y exists. But for the sake of some sort of gauge – I went with what I found on theatlantic.com:
Baby Boomers: 1946 – 1964
Gen X: 1965 – 1984
Gen Y: Disputed, overlaps Gen X and Millennials
Millennials: 1982 – 2004
Nonprofit accounting software is seeing a generation shift as well. Some market leaders’ solutions are becoming long in tooth and beginning to lose chunks of market share to, not necessarily new, but new-ish solutions. These newer solutions have move beyond Introduction and into the Growth phase of the product life cycle – while some of the former market leaders slide from Maturity to Decline. The sea change will happen, it’s just a matter of when.
Qbix Accounting Solutions is conducting a survey to get a snapshot of how the market breaks down. It will be very interesting to see what the results are. The survey is accessible at the Qbix website and will also be circulated in the Georgia Nonprofit Center May newsletter.
Readers, please fill out the 2017 Nonprofit Accounting Survey. I hope that Qbix gets thousands of results. I’d really like to know where the market is right now. Usually that information comes from the software publishers themselves and those numbers are typically the number of licenses sold to date and don’t reflect whether or not the sold license is actually in use any more.