It can also help uncover missed opportunities through analysis functions. Once your development office processes gifts they are then given to the accounting office. Many times the accounting office must process the same gifts but allocate the monies to the specific general ledger accounts of your organization. Through the use of a fundraising system that allows for links to accounting and spreadsheet applications, the double entry work is eliminated. This can save your organization hours of time while maintaining accuracy between the two systems.
Every organization runs reports in some frequent manner.
Whether it's to track the status of a particular campaign, to include in your annual report or simply to identify those individuals in a certain segment of your database. Through the use of a fundraising software system reports can be generated in seconds or minutes compared to sometimes days or even not at all because information can not be tracked efficiently. Make the vendors verify their answer by showing you the process within their system. Determine the average hourly wage paid to staff performing these functions. The new system reduces it to 5 hours per week.