They say admitting you have a problem is the first step. But once your foundation admits that your current grants management system is more hindrance than help, you’re suddenly left with the overwhelming project of figuring out how to choose the right system that will not only meet your needs today, but also scale with you into the future.
Not only does the Technology Affinity Group (TAG) throw a great conference, but their annual survey continuously provides insightful data into the growing importance of technology in the philanthropic space. This year approximately 200 foundations responded to the 2018 State of Philanthropy Tech – weighing in on everything from the perception of technology, diversity equity and inclusion practices, security breaches, and the tools foundations are coming to rely upon to protect their information and grow their communities. Naturally as a SaaS provider ourselves, we’re deeply curious about how foundations perceive technology and IT, especially as they relate to securing sensitive data – and three key statistics stood out the most.
Over the past couple of years, we've seen a number of major trends that are shifting the traditional models of giving and philanthropy, not least of which is greater interest in giving, and increasing overall value in the amount of dollar amounts being donated.
For foundations big and small, grants management software not only streamlines your operations, but can also give you a new perspective on your organization's work. From revealing insights through data to automating processes to improving operational transparency, the right software can be a critical component to achieving your mission.
For foundations, cloud-based grants management software has evolved rapidly since its relatively recent introduction. Cloud-based systems have quickly become more common than local server systems, providing both casual and tech-savvy users with increased access to the data they need.
Undoubtedly, your foundation is equipped with the staff, tools, and expertise to make strategic grants, and maximize your impact. However, sometimes it really helps to bring in some outside assistance – especially when it comes to technology. Maybe you need help with selection and implementation, cloud computing and security, or CRM customization. Hiring a tech consultant allows you to get ahead of your tech to-do list and free up your time to work toward your mission.
Before the age of computers, grantmakers pored over scads of paper applications during a review process that required a legion of folders and file cabinets. Countless hours were spent using brainpower on mundane but critical tasks.
If you think your foundation is too small to warrant a grants management solution, think again.
More grantmakers are using grants management software than ever before. In fact, the number of users has grown 66 percent since 2013, according to Idealware’s 2016 Consumer’s Guide to Grants Management Systems.