From Charity Digital:
Driving your charity forward with data is like adding footnotes to an essay – while people may be initially persuaded by your argument, evidence is what seals the deal.
Charities house a lot of data, from donor details to information about service users. Financial data, in particular, can be very useful for organisations looking to understand more about their impact. They can see donation sizes, revenue per donor, how much services cost, and how many have been delivered over different time periods, and much more.
Sage Intacct’s eBook, which you can download below, outlines how charities can use their financial data to make decisions and drive the greatest impact. It also highlights the barriers that organisations may face in doing this.