5 Reasons Your Nonprofit Should Invest in a Donor Management Solution
Nonprofit data management has never been easier, thanks to cutting-edge technologies and security measures. Donor management systems give your small or large nonprofit organization additional power and potential, ensuring clean data that you can use in multiple ways to drive your strategic planning and giving outcomes.
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What Is a Donor Management System?
A donor management system is a type of nonprofit software that not only allows you to manage your donors’ records, biographical details and giving histories, but also lets you run reports, automate giving, send personalized messages, market giving opportunities and more.
5 Reasons To Invest
Simply put, a donor management system enables you to make your data do more for your organization and its supporters. Here are five re asons to invest in this type of solution.
1. Import Data Efficiently
You know how tedious and time-consuming it is to manage error-free entries on even a basic spreadsheet. When you automatically import your data into a solution like Raiser’s Edge database, for example, it takes a fraction of the time compared to manual data entry. Even better, you can expect clean, deduplicated and standardized data that takes donor errors and miscommunications out of the equation.
2. Save Hours of Staff Resources
Efficient data importing isn’t the only action that saves your staff time and energy. Donor management systems let your team segment donors easily and accurately and run targeted reports. With multiple team members able to access the same data, they can all run reports at any time rather than waiting for a single point person to do the honors.
3. Reduce Annual and Periodical Reporting Time
With clean, complete data, nonprofit organizations find it much faster and easier to produce the annual and as-needed reports donors expect. Delivery of this data into graphic design platforms is smooth and error-free and reduces the time traditionally spent scouring and proofing spreadsheet data. This gives you more bandwidth for the design or delivery of your publications.
4. Gain the Ability To See Trends & Opportunities
Donor management systems bring your data to life in a way that spreadsheets cannot. Whether you’re want to look at a specific donor group’s giving history or forecast next year’s third quarter giving totals, you can do it. Being able to see trends and opportunities lets you strengthen your strategic plan, which can result in larger gifts.
5. Grow and Nurture Your Donor Relationships
When you send automated personalized thank-you messages or event invitations to your donors, you’re building trust and community with them. Donor management systems features such as these let you grow and nurture the relationships your organization relies on to do good in the world. Integrated financial management software for nonprofits is another way to show donors your credibility and accountability.
If these five reasons inspire you to learn more about donor management systems, contact an experienced vendor today to request a demo or schedule a consultation. Experts can work with you to analyze your organization’s goals and needs to recommend the right product or product integration.
