The issues highlighted by the pandemic forced many nonprofits to rethink their technology—nearly 70% had to invest in additional technology just to remain in operation, according to a 2021 report on nonprofit technology. Much of those ad hoc additions, however, were simply layered atop a complicated, inefficient foundation.
Cumbersome processes and murky insights are significant risks regardless of what’s happening in the world. But the current environment most nonprofits operate in—economic uncertainty, tight talent markets, regulatory shifts—makes navigating those risks untenable. Nonprofits feel this acutely, and leaders are now considering what it would take for them to operate as effectively and efficiently as possible, while strengthening their ability to adapt and make data-driven decisions.
For most, the answer is transforming their digital core.
A Better Way: Investing in a Future-Ready Foundation
There’s a better way. When nonprofit leaders invest in a future-ready foundation—uniting finance, human resources (HR), and IT with a cloud-native enterprise management system—they’re better able to drive their organization’s mission. And the resources that might otherwise have been consumed by upgrades and workarounds, maintenance and manual tasks can instead be redirected to the meaningful work that drew people to these organizations in the first place.
Harnessing the Power of Unified, Real-Time Data
How much time do your finance, HR, or IT teams spend wrangling their data? I’m guessing the answer is a lot. And when they need data from other departments, the process probably involves making a request, then manually verifying that the info delivered aligns with the data they have on hand, and then manually spotting and addressing any outdated or inaccurate data.
What about the goal of providing leaders decision-ready data to guide strategic decisions? By the time such data has been gathered, verified, and analyzed, the opportunity may very well have passed.