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Information Solutions for Not for Profit Organizations
Not for Profit (NPO) or Non Government
Organizations (NGO) are contributing heavily in developing economies
across the world and work side by side with Government agencies.
While the core objective of these many organizations generally is
to address social issues, it is important for these institutions
to maintain and manage a consistent source of income.
FINANCIAL ACCOUNTABILITY ADDS VALUE TO NGO’S
Financial accountability has long
been the cornerstone of successful non profit organizations, and
it's become even more important today. Reputation serves as key
towards gaining donor confidence and maintaining funding sources.
Without loosing focus on
the main business it is essential to have a solid integrated solution
to serve for easy back office record keeping. An early investment
in such a solution can surely bring in very positive results.
TRANSPARENCY LEADS TO DONOR CONFIDENCE
Besides gaining donor confidence,
such a solution will help maintain budgets and control expenses
on projects or otherwise. It becomes easier to monitor fund sources
and undertake appropriate measures to streamline the same.
“SIDAT HYDER – Information Solutions”
FOR NGO’S Sidat Hyder
– Information Solution for Non Profit Organizations gives
you a flexible and configurable solution with complete financial
accounting, Budgeting control, Project costing and Reporting, analysis,
and a comprehensive donor database.
DONOR DATABASE Maintaining
an updated donor database, keeping track of donor pledges, follow-ups
and proper reporting on projects and budgets all serve towards making
and building upon a good reputation.
No longer will you have to
deal with tedious, time-consuming data exports, spreadsheet manipulations,
and large complicated charts of accounts. Managing projects is now
fast, easy and intuitive.
LINK DIRECTLY WITH EXCEL The
Excel Ad-In feature directly links your spreadsheet to the live
financials database for a generating reporting in different reporting
formats as may be required by your donor agencies.
REPORTING ANALYSIS The
Donor management module facilitates in receiving donations, capturing
complete donor profile whenever available, generating receipts and
posting into the General Ledger. Provision is available to generate
multiple reports for analysis purposes to identify supporters who
gave Recently, who give Frequently and give Substantially.
Recency, Frequency and Monetary
(RFM) analysis can help you minimize “Donor Fatigue”
by allowing you to target donors more effectively and efficiently.
PLEDGE MONITORING & FOLLOWUP At
times Donors will pledge for a donation, which may come over a period
of time. Monitoring and following up these commitments are an important
and patient tasks and the system will aid in reminding for the same.
DIRECT MAIL Should
your NGO decide to issue a newsletter or some status report, it
is always helpful to target the circulation to the right audience.
The donor database surely comes in handy, as the donor information
can be easily transferred to MS Office tools for an effective mail
merge or label generation.
TRANSACTION VERIFICATION & INTERNAL CONTROL
The solution also allows for embedding
a verification procedure towards recording of all expenses and other
transactions, whereby one person may enter the transaction and a
second authorized person will verify the same thereby enhancing
internal control and transparency.
SECURE ACCESS While
the NGO’s may be supported by a number of volunteers and permanent
staff members, it is important to maintain a secure access to the
information system. Only authorized users with defined access rights
are able to enter and use the system.
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