The first benefit of using an online fundraising platform is that it saves you money and time. The automation process of online fundraising is one of the cheapest methods and it also saves a lot of time could be wasted in the same process of fundraising money manually. The manual process is first of all long and tiring because you need to wait for someone to send you the check and wait for some more for the delivery of the check then key in the check into the database. The best thing about the online fundraising process is that the process of entering the donation into the database is automated without the tedious process of typing every time. The time that could be used in typing is channeled into something important.
The second advantage of using an online fundraising platform is that the data and reporting are made even better. The automation process of online fundraising makes it easier to access the data. The fundraising process is normally in real-time and it is easy to track and create reports of the progress of the fundraising efforts. When you opt for an online fundraising process, all the possible human errors that could have been committed are eliminated. It becomes easier to allocate the funds properly for the intended programs.
The third importance of online fundraising platform is that it helps to boost the donor relationships. The hurdles of the manual fundraising process that donors go through are ironed out by using online fundraising options. In the manual process of fundraising, donors have to go through tough times trying hard to find out the stamp, checkbook and envelop in order to give out their part of the donation. With the online fundraising platform, they can generously give their share from anywhere at any time through any device be it a smartphone, a tablet or a personal computer.
The fourth benefit of an online fundraising platform is that it can help you to extend and expand your reach. The online fundraising platform puts your mission on the world map whereby so long as anyone in the world has access to the internet connection, he/she can support your mission. This gives you the opportunity to increase the base of your donors from your local region to the world. A donor can give his/her donation without necessarily having to meet physically. This gives you the chance to expand your connections to the outside world and also you are able to populate your database with the donors’ information and sending out thank you note automatically.
Lastly, with the online fundraising platforms, the donation can be made in several methods. The beauty of an online fundraising platform is that it is easy and convenient to make a donation using different methods. The donation can be made from mobile money transfer methods, credit and debit cards and direct money transfer methods can also be accepted. Through this, you can get a large number of donors across the globe who can channel their donation through the method that is convenient to them.