Nonprofit | Technology
June 15, 2021|
IT modernization harnesses the ability to utilize the latest technology for the benefit of your digital business, nonprofit organization, or federal government agency. While many organizations understand the potential benefits of using modern technology, only 47% of organizations in the nonprofit sector currently have the capacity to automate their financial processes.
Being able to modernize your IT can make the difference in your organization prevailing or failing, growing or stagnating. Learn more about the role IT modernization can play in your organization and how to tap into it.
IT modernization helps you put new tools and processes in place to help you meet the evolving needs of your organization that your current technology does not satisfy.
Technology generally has a finite life. The traditional letter fell out of favor with the invention of the telegram, then the telegram was replaced by telephones and eventually by email. The technology you implemented years ago will need to be updated at some point, likely sooner rather than later. The technological boom that has occurred in the 21st century has been exponential in nature.
IT modernization helps you put new tools and processes in place to help you meet the evolving needs of your organization that your current technology does not satisfy. It delivers technology solutions that best align with current trends and the needs of your organization.
IT modernization for nonprofits can provide far-reaching benefits to your organization, potentially including:
IT modernization for nonprofits can take many forms, including:
In a 2019 report by the United States Government Accountability Office (GAO), out of the 10 most critical legacy systems federal agencies the GAO identified as in need of modernization, the most common problems include:
Updating these systems with more user-friendly solutions could have a significant impact on the future growth of your organization.
The COVID-19 crisis highlighted the need for for-profit businesses and nonprofit organizations alike to adapt and establish structures other than traditional in-person galas or fundraising campaigns.
According to Forbes, nonprofit organizations that “don’t adapt quickly will continue to fall behind.”
These organizations have to find new and innovative ways to connect with donors and attract their attention while other NPOs are doing the same. A 2020 Aberdeen report revealed that 81% of non-profit organizations are keeping the same amount of technology investment or increasing it, despite the pandemic. Not doing the same can quickly leave your organization in the dust.
Some emerging trends in IT modernization include:
Make your modernization effort successful by following these steps:
Before investing any time, money, or resources into modernization, assess your current situation. Consider the current products you use and if they are really meeting your needs. Also, consider whether they will meet the long-term needs of your organization. You can take our quiz to get started.
Changes in your technology plan require a buy-in from leaders to be effective. Be sure that you provide clear details about the potential benefits of your proposal. Be prepared to offer demonstrations or training regarding the new technology.
Ask your stakeholders key questions, including:
Your needs are likely different if you have a small grassroots organization, rather than operate an agency funded with billions of dollars by the federal government. Take a good look at your potential donors, how they would prefer to interact with your organization, and which tools and resources will have the biggest impact on your agency.
In addition to leadership, also try to involve all other stakeholders in your IT modernization plan, including:
Ask for feedback from each of these groups about ways you can possibly improve.
IT modernization can help you streamline your processes and make your organization more efficient. The benefits of this journey will help you better serve your community and focus on your organization’s mission.
QuickBooks Online is one of the most popular cloud-based accounting solutions for nonprofits and associations. Its flexibility and functionality make...
Engagement is the key to retaining current members, attracting a new audience, driving profitability, and improving your organization’s profile. This...
Offering valuable services to members is critical to growing your financial association. Providing members with easy, secure, and convenient options...
At enSYNC, we want to empower associations and nonprofits to make well-educated decisions. If you want our industry knowledge (and other free guides) sent directly to your inbox, fill out the form below.