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A recent survey by the Charities Aid Foundation has shown that the economic slowdown is having a significant effect on charities - with nearly one third reporting a fall in donations.

 

John Low, chief executive of the Charities Aid Foundation, said: "This research reveals the economic quandary that many charities are facing - increasing costs and demand for their services against a backdrop of static or declining public donations”.

 

In addition, organisations in the non-profit sector have seen their savings and investments eroded by low interest rates and a turbulent stock market, and are now readying themselves for a cut in public funding as the entire country tightens its’ collective belt.

 

Fortunately help is at hand for those charities and not for profits that use SAP. Invenio can help you make the most of your SAP system by ensuring that it is optimised to support your financial and operational performance through these difficult times.

 

Invenio’s team have a long track record in the charity and not for profit sectors and can help you to:

 

	Deliver greater financial transparency, comparability and accountability.
	Achieve greater much greater compliance with international financial governance and taxation regimes.
	Adapt to meet a range of performance management, governance and risk management obligations.
	Improve collaboration by connecting your employees, volunteers, donors, beneficiaries and other stakeholders across your organisation.
	Reduce costs with highly integrated and standardised solutions.
	Enable better decision-making by providing organisation-wide visibility into processes right across your operations.

 

If you are looking to make the most of your SAP system during these challenging times, you can call our solutions advisory team today on +44 (0)330 440 1800 or get in touch via our online form.

 

Don’t have SAP?

 

Companies in the charity and not for profit sectors can take advantage of a  SAP Solution for a fast deployment and rapid time to value. 

 

Additional Resources:

	Meet our Charity and Not for Profit industry experts
	Read more about our services to companies using SAP
	Visit our library to download product and services information.