Cloud-based financial management solution company Billhighway announced its new payment processing solution, Billhighway Connect, is now available for all nonprofit organizations. This new solution allows nonprofits to combine all of its payment processing, banking and accounting solutions together in one system to help streamline the financial processing.

The solution helps companies, with operating budgets of at least $2 million, which rely heavily on donations or memberships to maintain its services by offering a financial system without the cost.

“Billhighway Connect makes it pain-free for nonprofits to manage donor information with key financial management data. Nonprofits are no longer burdened with duplicate data entry or inefficient data management, which siphons precious funds from their core missions,” said Vincent Thomas, Billhighway CEO and founder. “Nonprofits can now seamlessly link financial information with their CRM and donor systems.”

Billhighway Connect will let companies do everything all through one portal. The company said it will offer many new features including: payment processing, easy integration, maximum value proposition, peace of mind to non-financial managers and volunteers by offering sophisticated levels of reporting, PCI (News - Alert) compliance, increased payment security, full customer service and support and compatibility of all major credit cards.

“As effective approach to financial management is the life-blood of a healthy nonprofit. For the first time, nonprofits can tap into a cost-effective financial management solution that lets them maintain their existing investments in technology,” said Aaron Schmidt, Billhighway chief product officer. “Organizations strengthen their overall operations by automatically moving key financial data from one point to another to access cash faster, and better track online donations with overall financial activity.”

Billhighway said its clients have been asking for a program like this for some time and it decided to create one. The company added that its purpose is to improve financial health, increase operational efficiency, and help reduce the risk of fraud. The new cloud-based program is available today for any nonprofit company looking to integrate a new user-friendly payment processing solution.

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