In the early stages of a nonprofit’s growth, accounting systems may not feel like a priority. However, as the organization grows, it can become increasingly complicated and time-consuming to effectively analyze your financial and operating data. Implementing a technologically advanced financial management system can ease this burden considerably by automating and streamlining core accounting, tracking, and reporting functions, making it possible for a non-profit to grow and carry out its core mission.
It is important for a company of any size to compare metrics consistently throughout the fiscal year to ensure they are on the right track to achieving their monetary goals. This is no different for nonprofit organizations regardless of size. Comparing donor statistics year-over-year and week-over-week will allow an organization to understand which areas they are more successful and which areas they can improve. If only there was a dashboard which allowed nonprofit organizations to see their donor data in real time…thankfully Causeview saw the lack of software and invented a way to help nonprofits retain their donors. That software, is GivingTrak and it’s free.
The Golden Age of Fundraising Technology - The Engagement Nexus A shift has happened. A shift in how we use technology to further fundraising efforts. We no longer focus on counting hits, click-through, likes and posts; understanding these may not lead to conversion—to the actual gift. We focus on something more human. We strive to connect with donors.
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