Software delivers sound business performance

Software delivers sound business performance for not-for-profits

More than ever today, charitable organisations and other not-for-profits need to operate on a sound business footing.

They need to ensure that their operations are stable, so that their energies are focused on their core mission.

They need to be able to demonstrate to donors that their money is going to the cause for which it was intended.

“If they’re drawing funding from government agencies, or getting tax breaks, transparent accountability is vital,” says Greentree CEO Peter Dickinson. A recent article quoted an expert on charities and taxation, who suggested that New Zealand should follow Britain and require charities to report in plain language just what benefits they’re providing and where the money is going.

Modern, integrated business software is the key to sound business performance.

CRUCIAL BUSINESS MODEL

Oxfam Shop Australia, for instance, created a new supermarket channel for its Fair Trade products with the help of its business system’s EDI and supply chain functionality.

“A successful business model is crucial,” says Oxfam’s Chief Information Officer, David Horner. “We’ve managed to get Fair Trade Products into the big supermarket chains, Coles and Woolworths. This has given us a great opportunity to increase the awareness of our brand and increase its distribution throughout the country.”

REAL-TIME DATA

WSX supports start-up businesses in southern England, and is a valuable resource to the local economy. Because it draws EU funding, it needed real-time data to ensure strict compliance.

“Financial control is tight, and so real-time data is essential,” says Financial Controller Samantha Leeds.

Queensland-based FSGA specialises in support services for the disabled and disadvantaged, and major changes to service funding drove it to seek a modern, flexible business system.

“It’s critical to our future success that we upgrade our infrastructure and processes throughout the organisation,” says FSGA’s Chief Financial Officer, Paul Teefy.

For these three not-for-profits, a good ERP system has delivered accountability, efficiency and stability.

ENDS

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