MoneyMinder
Review of MoneyMinder Software: system overview, features, price and cost information. Get free demos and compare to similar programs.
Overview
About MoneyMinder
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Customer Reviews
See why people love MoneyMinder
Tiffany J.
Verified UserNon-Profit Organization Management · 2-10 employees
Becoming a Treasurer Can be Daunting?
Priceless.
- When I stepped into the treasurer role for our PTA, I had zero experience and no one directly to turn to for assistance with what this role entailed
- MoneyMinder's support is absolutely amazing
- They check your budget for you and call if they would like to make any suggestions
- They will copy over your previous years transactions for tax purposes
- When I had contacted quickbooks about accessing our old account for tax purposes it took far longer than any exchanges I had with money minder and they were unable to locate our old account
- They have also been available for tips on how to build a COVID-19 based budget for the upcoming school year
- The platform is user friendly and the reports have everything I need to manage our finances
- I could have not asked for a better experience
- Their service is priceless
- I cannot think of anything
- I've only had a great experience
Why they chose it
"I was hoping the previous treasurer that left the role midyear would have had stuff completed to work off of so I chose this route."
Steven W.
Verified UserNon-Profit Organization Management · 2-10 employees
MoneyMinder is the best financial tool out there for Boosters, PTSO's and PTA's
My experience has been nothing but awesome. The amount of control I have over my organization by using this app and the access to information makes it a powerful tool. It is a complete program, and I can't imagine using anything else.
- The ease of use and the short learning curve
- I used it with a previous organization as President and now with a new organization where I am the Treasurer
- The new organization is a High School Booster program with ledgers for each student and tracking money in the store and we are now using the new reimbursement process
- ALL of it is amazing
- The price increased this year, but the value for the money is WELL worth it
- As the Treasurer I use the reporting function to send out statements to each of our parents for balanced owed and also for the financial reporting tools like a monthly Treasurers Report
- All of it makes my like easier and helps me keep track of everything my organization needs
- I wish the new reimbursement process was able to be combined into a single transaction is needed
- Sometimes we have the same person put in multiple reimbursements at the same time, but not on the same transaction and I cannot combine them into a single transaction
- But that is a wish, not a need
Switched From
CutTime had no financial tools and therefore we could not run an organization with it.
Joy R.
Verified UserPrimary/ Secondary Education · 11-50 employees
Value to Valur
I definitely appreciate the fact the system stores the information off site. The fact that that those that we allow to have access to the money tracker can look into the accounts but are unable to make changes. Forms are easily available for the treasurer report and daily needs.
- The to which set up Vendors
- Transaction reports are easily available
- Reconciliation of multiple accounts
- Didn’t have the ability to search by dollar amounts
Switched From
Quickbooks wasn’t handling our needs.
cameron b.
Verified UserNon-Profit Organization Management · 2-10 employees
money minder is fine
i've been a volunteer treasurer for over two years now and money minder is a better value than certain books that are "fast"
helpful structure of budgets and reporting, appreciate the ease of posting transactions and reconciling accounts
I can't copy recurring transactions easily, nor was i able to roll forward prior year contacts easily (missed a window, was SOL)
Switched From
qb is old outdated and inaccessible software
Beth A.
Verified UserFund-Raising · 2-10 employees
Best Non Profit Bookkeeping System available
So was to learn how to use it and even more satisfied with the features, especially budgeting and reporting that it cuts down my time needed to process treasurer duties by a mile. I have been a treasurer in many capacities for 3 decades and find this is THE app to use for any NonProfit Corp, hands down!
- Very user friendly; a big time saver especially with making and updating budgets and day to day transactions/banking
- In financial reporting the type of Reports available makes meeting preparation a breeze and the Reports are easy to read and comprehend
- Although the subscription went up this past year, it's still a great option for a Treasurer of a Non-Profit
- I wouldn't have taken on being a Board Treasurer without MoneyMinder
Switched From
Did not want to do double entry and wanted an easier way to plan and adjust the Budget
Why they chose it
"MoneyMinder is so much more user friendly. I am a Grandparent and a Treasurer in our PTA, a realistic concern is what happens if I cannot continue in my role, how difficult will it be for someone to take over. With Moneyminder there is no further concern, in that the application is so user friendly and makes even an inexperienced bookkeeper a fine choice to take over my responsibilities easily. It takes the scare out of being a PTA Treasurer!!"
Christina K.
Verified UserNon-Profit Organization Management · 2-10 employees
MoneyMinder is THE BEST - it will make your life easier
SO positive and such a relief to be able to easily learn the software and have expert help - with real people! - available.
- Everything
- It is moderately priced
- It is geared towards school nonprofits, so it really focuses on what we need - ease of use, tracking, managing information and contacts, etc
- It is not business/sales oriented like Quickbooks, so it is much easier to use
- All of the reports you need are there - audit, treasurer's report, data broken out as needed
- And best of all, REAL HUMANS with school experience are available via chat and on the phone
- They have always resolved any of my problems on the spot
- They will look at your account, walk you through the fixes, provide screen shots, and provide oodles of sympathy and understanding as you hold back tears with the audit report due the next day and $
- 27 cents you just can't find
- More than once, a customer service rep has stayed on the phone with me even after hours to resolve something
- Bliss
- There's nothing I don't like
- There are a few features that would be nice to add - or maybe they're already there
- It would be great to be able to go directly to printing checks without having to save the file and print from there
Switched From
Too complicated, not geared towards school/nonprofits, very poor customer support - mostly AI, and no live help unless you pay more.
Alissa M.
Verified UserNon-Profit Organization Management · 2-10 employees
First time treasurer, and Money Minder made all the difference!
As a first-time PTA Treasurer, I was a little nervous about stepping into the role — but MoneyMinder made it so easy to learn. The platform itself is very intuitive, and I was able to get up and running quickly without feeling overwhelmed. What truly stands out, though, is their chat feature and support team. Every time I had a question — whether it was filing our first 990, reconciling discrepancies between our fiscal year and budget dates, or just making sure I was on the right track — someone was there with clear, patient guidance. The MoneyMinder team has been nothing short of amazing, offering support that feels both professional and personal. For any new treasurer, I can’t recommend them enough. They’ve been a real partner in helping me feel confident and successful in this role.
- I love how easy MoneyMinder is to use
- As a new PTA treasurer I was struggling with our old system, this is significantly easier to use
- The chat feature is amazing and I have had such support and help with questions along the way with seasoned treasurers
The cost, as a non profit I wish we could keep the cost slightly lower, but I understand why the cost is so high based on the product and support
Switched From
Previous board did not know what they were doing and much of the information was incorrect, including the revenues we were starting with at the beginning of the year. Making any changes in the software was SO difficult, and so I reviewed different options. This is so much more user friendly.
Why they chose it
"Treasurers Financial workbook was considered and I loved the one time purchase, however, it offered no customer support and I really felt I needed it."
Stephanie K.
Verified UserNon-Profit Organization Management · 2-10 employees
Volunteer treasurer made easy with money, minder
Overall, the experience using money minder has been exceptional. The prior treasurer left on short notice and the QuickBooks was a mess. I was recommended to use money minder from another high school athletic booster club treasurer. She was spot on when she told me it removed all the headaches and hurdles to keeping good books for a small nonprofit.
- The learning curve to adapt to MoneyMinder accounting and budgeting software was quick, taking less than a few weeks
- During the first week online live chatting helped me get over the few bumps that came up
- The reports generated our clean and concise
- MoneyMinder added value by minimizing the effort required for the volunteer treasurer to keep up with daily bank transactions as well as communicating concisely to the board members
- We are a small nonprofit athletic booster club and using QuickBooks was rather challenging
- With MM we have been balanced to the penny for the past 12 months and have already renewed for a second year
- The ability to upload receipts into each transaction has eliminated the use for the traditional paper binder of transactions
- I have not adjusted well to everything being tied to the budget
- We are working with our coaches to set budgets so the reporting more/less is more intuitive to us
Switched From
QuickBooks was expensive, and hard to keep reconciled to the penny. Importing from third-party such as square made everything very complicated to follow. We were never balanced and after three years of paying the monthly fee, we were so ready to switch the money minder.
Ryan F.
Verified UserNon-Profit Organization Management · 2-10 employees
Intuitive and easy to use
Overall have been very happy and believe we receive good value for the fees paid. As mentioned earlier, a partnership with another service that handles administration would be really nice, but we continue to use MoneyMinder because it has the ability to attach electronic support to each journal entry, is easier to navigate and the reports are better.
- Very intuitive and user-friendly
- Reports are easy to run and well-structured for use at our meetings
- Considered switching to our administrative software where we manage all other aspects of our school PTO but the features and functionality are better in MoneyMinder
- Only drawback is that it is not tied to a larger software package with more options
- We also use a subscription service for our newsletters, member directories, surveys/polls and generating QR codes for people to send us mobile payments and that site also has accounting functionality where you can automatically have journal entries posted to a specific account once you setup a QR code for a specific event
- That would save time instead of posting dozens of separate journal entries for each payment received
Why they chose it
"Ability to attach electronic receipts/invoices to specific payment journal entries. I was not involved in the initial decision to go with MoneyMinder, I inherited it from previous treasurer. However, I did investigate and try Membership Toolkit which we use for the rest of our PTO administration and I prefer MoneyMinder's accounting functionality over Toolkit. I was told prior to adopting MoneyMinder a few years ago, they previously only used spreadsheets."
Becky V.
Verified UserNon-Profit Organization Management · 2-10 employees
Easy to navigate accounting software
MoneyMinder has been easy to use. Much more user friendly than our previously used software. I had no guidance from our previous treasurer when I took over, and I was able to navigate with ease. I recently used the chat feature and had a great experience and my issue was resolved.
- MoneyMinder is very easy to navigate
- Once you set up your budget, it's simple to add in expenditures and account for them under certain budget items
- Monthly reconciling helps make sure everything is accounted for
MoneyMinder says that you can link it with your bank account and increased the price due to this feature, but our bank is currently not supported
Switched From
It was not very user friendly. It was also super expensive and we weren't able to use it to its full capability.
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