Digitize your Donation Receipt generation process
The present-day charitable sector is briskly disrupting the manner through which the donors, beneficiaries, and employees expect to network with the Nonprofits. The global industry of Nonprofits is striving to implement the technologies that people can trust-on in order to captivate the Gen Z donors tribe. The industry of Nonprofits is heading towards doing more with less and serving more and better. This has made the stratum of Nonprofits to shift from paperwork to digital processes.
Nonprofits have all these processes to manage, gosh!
There are varied business processes in Nonprofits. Among these, effective donation tracking and retaining the donors is at the top vertex of the business funnel. When donations are received in all shapes and sizes, it becomes a great crumble and difficult to manage the data sorting and fundraising activities in absence of Donor Management System. There is another very huge requirement is of compliance where every NGO need to have proper receipt and the entire database of donation.
You may have to check the new rule:
Additional new compliance u/s 80G
Every charitable trust or institution registered u/s 80G shall be required to submit a statement of donations received in such form & manner as may be prescribed & the benefit of 80G shall be available to donors on the basis of information relating to donation furnished by the corresponding charitable trust or institution.
Even if you don't fall under 80G category, your NGO need a more data-driven and sophisticated process in the system, to mature the development of the fundraising process. This calls for a need to migrate to the digital solutions for Donation Receipt Generation and Reporting System for all NGO.