Not for profit organisations (NFP), also known as a non-business entities or non-profit institutions, are dedicated to furthering a particular social cause or advocating for a shared point of view. Rather than distributing its income to the organisation’s shareholders, leaders, or members, the not for profit organisations use their surplus of income to further achieve its ultimate goals. Not for profit entities are tax exempt or charitable, which means they do not pay income tax on the money that they receive as donations or grants. They may operate as religious, scientific, research, cultural or educational entities.
Not for profit organisations are accountable to their donors, funders, volunteers, program recipients, and the public community. Public confidence is a key factor in the amount of money that a not for profit organisation is able to raise. NFP organisations need to be accountable, trustworthy, honest, and open to every person who has invested money, faith and time into the organisation. The more not for profit organisations focus on their mission, the more confident the public are, as a result, more revenue they will be able to raise for the organisation.
“Financial and accounting software is required for all types of endeavours, from business and commerce to government and not-for-profit. Often the software has to be used by staff who are not trained as accountants or bookkeepers, sometimes they are not even trained in the use of a computer, so it is a great compliment to the designers and programmers of SapphireOne that it can deliver at all levels – from the sophisticated, high-level management reporting to basic data entry and information capture”
You can increase the visibility and drill down to the original source document, including any attached documents with SapphireOne’s Document Management System (DMS) Reduce your running costs through decreased expenditure on paper and other stationery, while your employees can focus on other more productive tasks. SapphireOne allows you to implement a stratified document and sensitive information access protocol. With this framework in place, you can effectively specify and monitor who has access to the documents.
The ERP Dashboard, sometimes called Business Intelligences (BI) or Performance Indicator Dashboards present business statistics and performance indicators in a visually attractive and graphically intuitive interface. The SapphireOne ERP dashboard utilises bar charts, graphs and other visually engaging design elements that provide a succinct overview of a business’s financial standings.
SapphireOne ERP CRM DMS can give you a well-defined overview of your donors and beneficiaries. With SapphireOne ERP CRM DMS you have a seamless log of all communications and interactions between the various donors and beneficiaries in your NFP organisation, you will have reduced inefficiencies, improved productivity and information flow.