Non-profit organizations have to deal with many hurdles e.g., monetary transparency and efficient budget allocation while serving the interest of society. Moreover, when it comes to financing, they are subjected to tight auditing that puts NGOs accountable especially in front of their donors. This means they should always be ready to answer and show the record of where the money of donors is being used and what outcome has been achieved over time. And, the reason for tight auditing is the main source of their income is either fundraising, grants, or donations.
For this very reason, as an NGO administrative official, you need a comprehensive system in place that not only tracks every penny and transaction but also provides one-click financial transparency reports that contain all incoming and outgoing income details of non-profit organizations and non-profit government organizations.
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Just like enterprises and businesses, NPOs & NGOs also need to innovate their businesses for donor retention. Unlike in the past, there is a need to opt for automation in the non-profit sector too. And, in this quest customized Odoo system is considered one of the many solutions that serve the goal of NPOs & NGOs. Furthermore, it can be customized to safeguard the interest of human rights organizations through the integration and amalgamation of multiple Odoo applications.
Here in this article, we have addressed all pain points that non-profit organizations have to face and how Techloyce’s customized solution can benefit.
Read: How To Choose the Right Odoo Partner?
Objectives & Painpoints of NON-Profit organizations
No matter what causes an NGO is supporting, the main objective and pain points of every non-profit organization remain the same.
- The first pain point of all non-profit organizations is to create a local presence and for this reason, the local resonation of NGO’s objectives is very important. Hence the object for local market needs and donor identification becomes essential because this helps to narrow down the potential donors from leads.
- The second pain point that comes after acquiring donations or funding is comprehensive donation tracking, monitoring, and scaling. Since NGOs have to adhere to the tight auditing rules, therefore, the object of having financial transparency becomes the first important task for every NGO head.
- A third object that can play a significant role in reaching the goals set by NGOs is campaign creation. For this very reason, the main hurdle faced by the NGO manager is keeping track of every outgoing and incoming work and income detail. Later this helps in creating an effective campaign that resonates with donors and helps in acquiring funding.
- Online and road campaigns are not enough to secure huge funding, therefore the second last hurdle on our list is to need to devise effective strategies that include face-to-face interaction activities e.g. meetings. And, hence, having access to detailed and untampered data becomes essential.
- The last thing is cash flow transparency. For this very reason, the objective of comprehensive cash tracking, and training becomes essential.
Donodoo A Customize Odoo Solution For Amnesty
Amnesty is categorized among the noteworthy NGOs and NPOs that are working around the world. Since their establishment in 1961, they have been advocating for human rights globally and have over 70,000 members. But, having a limited number of followers is not enough when your objective is to preserve global rights. For this, there is a need to reach a wider audience and to acquire more funding hence, the customize solution offered by Odoo is an amalgamation of 4 Odoo applications that include:
- Odoo Membership provides comprehensive donor data. This means you can create donor-centric campaigns or marketing strategies to raise funding, based on donor data.
- Moreover, by using Odoo Subscriptions you can manage recurring donations and one-time donation donor accounts, membership, and other significant details from one dashboard.
- In addition to this, with Odoo Fundraising you can keep track of all incoming donations, track the cash flow and allocate budget.
- Lastly, with Odoo CRM, Accounting, and Projects, one can manage donor relationships, financial & donor data, along with comprehensive money management.
Here at Techloyce, we are offering a wide range of Odoo customization services. On top of this, when it comes to Non-Profit organizations our certified Odoo consultants conduct a thorough organization’s workflow audit and offer Odoo customization that fully complements the Nonprofits organization’s system and provides full organization support.
- For budget allocation and analysis we customized the Odoo Finance application integrated with the Odoo CRM.
- For around-the-clock project management, we recommend Odoo Projects integrations.
- Since every organization whether it is non-profit or profit is run by employees, volunteers and interns therefore for resources and talent management our customization includes all essential features of Odoo Employees.
- Lastly, for comprehensive campaign creation, promotion, and targeted donor marketing, the Odoo customization includes Odoo Sales and Odoo Marketing features.
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8 Benefits of Customized Odoo Solution for NPOs & NGOs
- The first advantage that our solution serves is its automated donor follow-up. This leads to a quality Donor experience that helps in retention. So, if you have a meeting or email cued then the system will automatically send it and remind the donor about the meeting.
- The second benefit it offers is you can view the entire details of a donor including donation amount, contact address, and other queries on a single dashboard.
- Moreover, you can send dozens of emails using professionally build templates and even customize them to match your needs.
- Apart from having access to all donor information, you can also manage Donor Profiles, membership, and track communication without living the donor dashboard. It means you will not miss anything.
- Since the main goal of any NGO or NPO is to provide donor experience, our customization offers exactly that, and you can set customized rules for an automatic response, follow-up, and contextual information to the donor using the AI Bot.
- With customize dashboard you can have complete control over grants, funds, and donations. That you can even track allocated budget.
- In addition to Donor information and incoming and outgoing income tracking, you can also view logistics, transportation, inventory, and distribution details without living the Odoo Dashboard.
- Lastly, our customization offers complete financial transparency, since everything is managed by the system therefore the tracking, monitoring, scaling or outgoing income becomes, and detailed reporting provides eagle-view on how every penny is spent.