ShelbyNext Financials
ShelbyNext Financials is a cloud-based church accounting software designed to help ministry leaders manage multi-fund accounting, payroll, and financial reporting with specialized compliance tools for non-profit organizations.
TRES Finance
TRES Finance is a comprehensive financial data platform providing automated accounting, auditing, and reporting solutions for businesses managing digital assets across multiple blockchains and decentralized finance protocols.
Quick Comparison
| Feature | ShelbyNext Financials | TRES Finance |
|---|---|---|
| Website | shelbysystems.com | tres.finance |
| Pricing Model | Custom | Custom |
| Starting Price | Custom Pricing | Custom Pricing |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 1976 | 2021 |
| Headquarters | Florence, USA | Tel Aviv, Israel |
Overview
ShelbyNext Financials
ShelbyNext Financials gives you a dedicated accounting suite built specifically for the unique needs of churches and ministries. You can move away from generic business tools and manage your mission with true fund-based accounting that tracks every dollar across multiple departments or campuses. The platform ensures your ministry stays compliant with non-profit regulations while providing clear visibility into your financial health through automated reporting and real-time data syncing.
You can streamline your entire back-office operation by integrating your accounting directly with your giving and membership data. This eliminates manual data entry and reduces errors in your ledger. Whether you are managing a single local parish or a large multi-site ministry, you can customize the chart of accounts to fit your specific structure and generate the exact reports your board or elders need to see.
TRES Finance
TRES Finance is a dedicated financial data platform designed to help you manage the complexity of digital assets. You can aggregate all your Web3 financial data from hundreds of blockchains, exchanges, and DeFi protocols into a single, verifiable sub-ledger. This allows you to automate your crypto accounting and ensure your books are always audit-ready without manual data entry or spreadsheet errors.
The platform serves enterprises, asset managers, and accounting firms that need to reconcile high volumes of on-chain transactions with traditional financial systems. You can generate detailed financial reports, track cost basis, and monitor your global treasury in real-time. By bridging the gap between blockchain data and GAAP/IFRS standards, you save hundreds of hours on monthly closes and financial audits.
Overview
ShelbyNext Financials Features
- True Fund Accounting Manage multiple restricted and unrestricted funds with ease to ensure every donation is used exactly as intended.
- General Ledger Maintain a flexible chart of accounts that mirrors your church structure for precise tracking of income and expenses.
- Payroll Management Process staff salaries and housing allowances correctly while staying compliant with unique clergy tax laws and regulations.
- Accounts Payable Automate your bill payments and track vendor history to keep your ministry operations running smoothly and on time.
- Bank Reconciliation Connect your bank accounts to automatically import transactions and reconcile your books with just a few clicks.
- Financial Reporting Generate professional statements of activities and financial position to share with your board or congregation instantly.
- Accounts Receivable Track miscellaneous income and manage invoices for church-run schools, daycares, or facility rentals in one place.
- Fixed Assets Track your ministry's physical property and equipment while automatically calculating depreciation for more accurate financial statements.
TRES Finance Features
- Data Aggregation. Connect your wallets and exchange accounts to automatically sync transaction history from over 100 different blockchains and protocols.
- Automated Reconciliation. Match your on-chain activity with internal records automatically to identify discrepancies and ensure your financial data is accurate.
- Smart Labeling. Apply custom labels to your transactions so you can categorize flows and generate granular reports for different business units.
- Audit-Ready Reporting. Generate balance sheets, income statements, and realized gain/loss reports that comply with standard accounting principles like GAAP and IFRS.
- DeFi Tracking. Monitor your positions in liquidity pools, staking, and lending protocols with automated valuation and reward tracking across various chains.
- Cost Basis Calculation. Calculate your cost basis using FIFO, LIFO, or weighted average methods to ensure precise tax and financial reporting.
Pricing Comparison
ShelbyNext Financials Pricing
TRES Finance Pricing
Pros & Cons
ShelbyNext Financials
Pros
- Excellent compliance with specific non-profit and clergy tax laws
- Robust multi-fund tracking that generic software often lacks
- Seamless integration with ShelbyNext Membership and Giving modules
- Highly detailed audit trails for superior financial accountability
- Reliable cloud access for remote staff and treasurers
Cons
- Steep learning curve for users without accounting backgrounds
- Interface feels dated compared to modern consumer apps
- Initial setup and implementation can be time-consuming
TRES Finance
Pros
- Supports an extensive range of blockchains and protocols
- Significantly reduces time spent on manual data reconciliation
- Provides high-quality data accuracy suitable for formal audits
- Intuitive interface simplifies complex on-chain transaction data
Cons
- Pricing is not transparent for smaller organizations
- Initial setup requires careful mapping of complex wallets
- Advanced features may have a slight learning curve