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What is Donor Management Software?
Crowdfunding and fundraising activities have become very popular these days, thanks to the elevation of technologies. The amount of benefit that people require for fundraising and donation activities has been simplified to existence with the help of many upgraded tools. In the field of crowdfunding, free donation management software has become a really handy tool to organise the whole fundraising system.
Basically, the phrase itself suffices the definition. To put this delicately, donation management software is a platform where non-profits or charities can manage their donor database along with maintaining the fundraiser-donor relationship. The software helps organizations keep track of their donations, the donation movements and guides how to improve donation activities.
It is easy to maintain a good donor database by segregating the donation data through the donation management software, where non-profits can effortlessly compile all the information in one place. The donor management platform increases the non-profits’ engagement with their precious donors.
Why Use Donor Management Software?
Non-profit organisations benefit from donor management software as it works as a one-person army in case of a limited number of operational employees. Free nonprofit donor management software is way better than maintaining several spreadsheets. As much data tend to get lost during communication, donor management software can be the single point of the database to refer to.
How Do I Choose A Donor Management Software?
When choosing donor management software, you must keep the following things in mind:
- Needs of Your Organisation
- Software’s Features
- Ease of Use
- Customer Support
Why Is Donor Management Critical?
Donor management plays a vital role in fundraising operations. They are as follows:
- It helps to build good customer-donor relationships.
- It helps in optimising your fundraising efforts.
- Donor retention is increased by using it.
- It helps in curating a reliable strategy.
- You can organise and analyse data efficiently.
How Donor Management Software Help Non-Profits?
Non-profit organizations benefit from donor management software as it works as a one-man army in case of a limited number of operational employees. To be frank, free nonprofit donor management software is way better than maintaining a number of spreadsheets. As much data tend to get lost during communication, donor management software can be the single point of the database to refer to.
What Are The Best Donor Management Software?
Now that the crowdfunding field is being upgraded by the heavy use of technologies, there are a number of donor management software available in the market to establish their strong presence. Some of them can be too expensive, or some can be deceived by their fancy looks. So here we have summed up 5 top donor management software for you to get started without brainstorming much.
1. WhyDonate –
As one of Europe’s leading fundraising websites, WhyDonate allows you to fundraise for causes like the environment, funerals, and sports. With a donor database of more than 350.000, WhyDonate charges 0% platform costs and no additional subscription costs to its users. WhyDonate can be considered an excellent donor management system as the user-friendly dashboard allows fundraisers to keep track of their donations in an effective way. WhyDonate allows users to add their own custom branding and content to fundraisers, donation forms, and emails. And guess what? Users can do all of this by downloading the mobile app for WhyDonate to track their activities efficiently.
2. DonorPerfect –
DonorPerfect is a popular all-in-one management solution among non-profits that helps charities and non-profit organisations to manage their fundraising data. DonorPerfect provides its user’s services like electronic checks, online payments, credit card processing, and one-time gifts. The DonorPerfect offers unique features like campaign management, contribution tracking, and grant management. Even if DonorPerfect doesn’t provide free services, it does offer a free trial of the software. The pricing of DonorPerfect starts from $99/month.
3. Bloomerang –
Boomerang is considered one of the best cloud-based donor management solutions for non-profits. Not only does the donor management software target the donor database, but also it contributes to revenue increment. Bloomerang helps fundraisers with building donor relationships and maintaining the organisation’s retention rate. The platform increases donor engagement while maintaining impactful fundraising. The pricing of Bloomerang starts from $99 with full functionality and unlimited users, making it suitable for organisations.
4. Kindful –
The customer relationship management (CRM) friendly online donor management software is the keeper of donor relationships. Apart from donor analysis, Kindful offers services like donor behaviour reports, built-in email functionality, and the donor lifecycle at the organization. Kindful pricing starts at $100.00 per feature per month with a free trial option.
5. Blackbaud –
Blackbaud caters to the elite group of fundraisers due to its high market value and the option for customized customer relationship management options with donors. The online donor management software offers its customers specific plans according to their requirements. The software includes best-in-class software tools like donor engagement strategies, data enrichment services, and prospect analysis. The pricing of Blackbaud is customized according to each non-profit’s needs, and it does not have any free version or free trial as of now.
How Much Does Donor Management Software Cost?
- WhyDonate – 0% platform fee
- DonorPerfect – Starts from $99/month (offers a free trial)
- Bloomerang – Starts from $99 with full functionality and unlimited users
- Kindful – Starts at $100 per feature per month with a free trial option.
- Blackbaud – Customized pricing according to the requirement
Donation management software is a tool that is usually not free, but there are several free-trial options available. Now, this is a subjective question depending on the different kinds of software. Among the above options WhyDonate, the European crowdfunding platform, offers its users a pretty compact donation management dashboard, while the rest are only dedicated to the donation management business.
No wonder investing in the best online donor management software can make the process easier and less time-consuming. It is excellent that we all have reached an era where smart technologies like online donor management software can take over the betterment of donor relationships and many comprehensive solutions, for that matter.
As a crowdfunding platform, Whydonate understands the delicacies of daily donor management and how it can be a game-changer. This is why the above best online donor management software are picked by us to make you feel less worried about fundraising. Crowdfunding is a magical platform that will help you to achieve your goals by finding you the best potential donors for your cause. This is why it is necessary to give your donors the clarity and the utmost respect they deserve.
Answering Popular Donation Management Software FAQs
Q. Does donor management software work with other apps?
A. Donor management software can work with other apps through integrations or APIs (Application Programming Interfaces).
Q. What is donor management life cycle?
A. The donor management life cycle refers to the stages a donor goes through in their relationship with an organisation: acquisition, cultivation, solicitation, stewardship, retention, and upgrading. It helps organisations understand and engage donors effectively to support their mission.