In today's competitive retail and business environments, charities and not for profit organisations must compete for donations, grants, funds and other sources of income.
While also meeting the compliance demands of the Charity Commission Statement of Recommended Practice, (SORP), producing a Statement of Financial Activities (SOFA) and handling the multiple auditing demands of funders and grants.
The rise of pervasive 24/7 online news and communications media is intensifying competition for many charities as these media inspire near instantaneous charity appeals and good causes.
These trends are pressurising charities to streamline financial, payroll and HR system reporting and communication within their organisations The charities sector still faces complex service delivery, administration and reporting frameworks.
Consequently, charities and not for profit organisations are concerned with cost reduction needs, improved income management, payment regimes and standardised processes. Charities that are multi site in the UK and globally with local offices and shops also face the challenge of streamlining processes within a geographically distributed organisation.