Krista Endsley, Sage

The weakening economy has created a ripple effect across all types of businesses, including the charitable sector. Due to funding uncertainties, many nonprofit organizations and government agencies are more hesitant about expenditures, and keeping a closer eye on budgets and cash flows. Yet, they are under growing pressure to do more with fewer resources.

Typically, systems are in place to help each department meet these challenges and work effectively. Key staff members enter, manage, and report on this data -- but it can be difficult to pull together snapshots of progress quickly enough to make real-time course corrections. To help relieve these demands, many organizations are turning to Business intelligence tools to retrieve, organize, and share knowledge for analysis and guided decision-making.

By having precise, up-to-date information at their fingertips, nonprofit professionals at every level can gain a deeper insight that allows them to strengthen stewardship, improve agility, and, ultimately, secure the success of their organization.