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Fundraising

Bringing Fundraising and Finance Together with Nonprofit Accounting Software

By | Accounting, Fundraising, Nonprofit | No Comments

Working Together Can be a Challenge

 

You play for the same team, but somehow you feel like cross town rivals.  This sometimes happens between the fundraising and finance departments of a nonprofit. You sit across from each other at meetings, but it doesn’t feel like you are on the same team.  In reality, you are all working towards the same common goal. Accounting software for nonprofits can help merge these two departments onto the same team. It’s easier to work together when you understand the roles of each department.

 

It’s Not Easy to Walk in Someone Else’s Shoes

 

When thinking about your finance and fundraising departments remember the old saying, “You don’t know what it’s like to be someone else unless you’ve walked a mile in their shoes.” When it comes to fundraising and finance, there are things that each department wished the other knew about their work and concerns.

 

Fundraising wishes that finance could…

  • Understand the challenges and process of fundraising;
  • Accept that you have to spend money to make money (or get donations);
  • Help us maintain good donor relations;
  • Offer us some flexibility – things aren’t always black and white in our world.
  • Respect that fundraising isn’t easy.

 

And finance wishes that the fundraising team could…

  • Understand the fact that finance’s job is complex and time-consuming;
  • Accept help from experts in finance.
  • Help us do our jobs better by providing us with information we need.
  • Offer to sit with us to learn some basic accounting practices.
  • Respect deadlines.

 

It’s often easier to come to consensus when you understand and respect one another’s positions in a situation. Knowing what the other ‘team’ wants can help you step closer to a compromise, and to support each other’s vital roles in an organization. One way to share information is through accounting software for nonprofits, which can help both teams step closer to one another through shared information.

 

Different Departments, Similar Challenges

 

Although finance and fundraising reflect different departments with varying needs, both seem to experience similar challenges when it comes to data and information. Ways in which both departments can help each other overcome their shared challenges include:

 

  • Collaborate on budgets and tracking
  • Improve reports and reconciliation of financial information
  • Jointly plan and set goals
  • Establish frequent, timely communications
  • Identify ideal processes and procedures
  • Integrate fundraising and accounting software

 

Software for nonprofits is a great tool that can help both departments communicate, collaborate, and plan together.  Various software packages including Abila MIP and others can work independently or together to provide data sharing among teams, timely updates and more. Cloud-based solutions ability to be accessed anywhere that there is a web connection makes it easier for fundraisers who travel to visit donors.  They can see and update accounts from the road, which in turn, will help the finance department do their jobs better.

 

The right accounting software for nonprofits won’t solve all of your internal struggles, but it can help to get fundraising and finance on the same team.  This will be a win win for all the players involved.

 

Contact Us

 

Welter Consulting makes choosing the right accounting for nonprofit software easier.   At Welter Consulting we are committed to finding you the most affordable technology, the most powerful solution, and providing expert support. We are dedicated to assist you in achieving your mission by leveraging technology and superior reporting. If you’re ready to cross the bridge to empowering technology, effective nonprofit solutions, and superior technology – let’s begin! We would love to talk to you about your specific needs.  Contact us today or call 206-605-3113.

Welter Consulting Nominated by EOCF as a Early Learning Champion!

By | Fundraising, Nonprofit | No Comments

At Welter Consulting, we are passionate professionals who choose to work in the nonprofit sector to help others and make a difference within communities. Creating ongoing relationships is paramount to us and we’ve especially enjoyed working with EOCF!  Thank you for the nomination and allowing us to continue to support EOCF and its mission!

 

EOCF-TEMP

Click here to view ELC 2016 Nominee letter

Click here to view invitation

EOCFWA.ORG

 

Are You Adequately Prepared for Fundraising in 2015?

By | Fundraising | No Comments

Fundraising for NonprofitsIf you rely on fundraising to serve your constituents, or if like an increasing number of nonprofit organizations you are turning to fundraising in addition to grant awards, are you prepared in the areas that experts believe are key?

Rich Dietz (senior product manager for Abila) shared his five key strategies for fundraising organizations in 2015:

  1. The ability to connect and engage Millennials with your organization
  2. Treating all donors as if they are major donors
  3. Mobile and online fundraising ability
  4. Conversion optimization (improving donation flow to raise more money)
  5. The ability to share the stories of your mission, constituents and organization in a very visual way

“The nonprofit sector must continue to evolve and keep pace with behavioral changes we see in society,” said Dietz. Organizations that embrace new ways of thinking, streamline their databases, create visual stories, and adjust their engagement approaches will be successful.”

More of Rich’s thoughts can be found in the full Nonprofit Times article.

In serving nonprofits in Washington State and throughout the Western United States, we’ve observed the same factors for success. We’d add a sixth element: invest in a true fund accounting software solution to track your fund whether grants or donations or both. The better your fund accounting system, the better you can respond to reporting requests – from grantors, donors, internal constituents or your board. Welter Consulting helps you with the purchase and implementation of your Abila MIP Fund Accounting software so that you can report quickly, easily and directly from the system itself (no need for creating yet another spreadsheet).

We’ve helped many organizations in Washington, Oregon, California, Montana and beyond who believed that they were too small to be able to afford a solution like Abila MIP Fund Accounting. We found a configuration and technology platform that met their needs. So whether you are a large nonprofit in Seattle or Portland, or a small nonprofit in Helena or Coeur d’Alene – Welter Consulting can help.

As part of our commitment to nonprofits regardless of size or location, we offer the Nonprofit Enrichment Series. These online webcasts are held monthly and free of charge to nonprofit organizations – click here for a complete listing.

3 Easy Ways to Improve Your Fundraising Efforts

By | Fundraising | No Comments

iStock_000012332268XSmallAny nonprofit organization has to be adept at fundraising if they are to stay successful. With so many organizations competing for donors, how do you set yourself apart from the crowd? Here are some easy ways to maximize your fundraising efforts in order to ensure the success of your nonprofit.

1. Make personal contact

While sending potential donors an email is easy to do, you can never guarantee that they will actually open it, much less read it. Not only that, but computer-generated emails lack a personal touch, and can be off-putting to some. In order to make people feel special, reach out to them with a personal note, phone call or visit so they won’t wind up feeling like just another number to you.

2. Share the Passion

There’s got to be something special about your group; otherwise, people will be unwilling to donate to it in the first place. Think about the reasons why your nonprofit exists, and then attempt to relay your group’s goals and visions to potential donors. If possible, provide people with some evidence of your good works so that they can feel personally connected to the work you do, and this will make them more likely to want to donate.

3. Follow up

You may encounter people who claim that donating right now is not appropriate for one reason or another. Be sure to make a list of these people so that you can follow up with them later. By doing so, you will pick up donations that might otherwise have slipped through the cracks, not to mention the fact that you will also continue getting the word out about your organization to others.

If you keep these ideas in mind, your fundraising efforts will be more successful than ever. To find out more about how to maximize your fundraising endeavors, contact us.