Posts Tagged ‘Nonprofit’
What nonprofits should consider when formalizing donor due diligence
The court of public opinion has a strong influence that nonprofits need to be aware of when considering a potential donor. In today’s digital age, bad publicity can quickly and severely impact donor confidence, leading to potential funding problems.
Read MoreDonor due diligence best practices in 2024
Due diligence is often viewed as a necessity for organisations to protect their reputation. But it goes beyond just managing risks; it’s about understanding and strengthening relationships with prospects.
Read More9 AI background research use cases | Updated for 2024
Regardless of your industry, the question is no longer whether you need AI… but how to use it. From scrutinising potential partners and suppliers to ensuring compliance with regulations, AI has become an indispensable time-saving and cost-reducing tool.
Read MoreHow automation can scale fundraising in 2024
Today, prospect research still happens earlier in the fundraising process, with due diligence left to the final stages. The challenge? It keeps prospects stuck in the pipeline. Especially since donor conversations can span weeks or even months.
Read MoreMust have prospect donor research tools for 2024
Proactive pipeline-building is a huge priority for prospect research teams this year. Yet, most prospect research teams often find themselves caught up in reactive requests, leaving little room for proactive efforts.
Read MoreHow nonprofits can meet compliance requirements in 2024
Nonprofits operate under unique regulations, making it crucial to understand and implement systems to adhere to these rules.
Read MoreExamples of when adverse media screening was crucial
In today’s complex regulatory landscape, the importance of AMS cannot be overstated. Whether you’re a financial institution, a law firm, or a non-profit, you need to understand the negative news associated with your clients, partners, or donors.
Read MoreHow Xapien’s AI due diligence software works
Xapien is an AI tool that handles manual research, analysis and report writing, freeing up teams’ time to focus on serving clients better. It automates in-depth research, covering the entire process from initial search to summarising insights in a final report.
Read MoreHow AI improves reputational due diligence
Performing reputational due diligence emerged in the 2000s… so why in 2024 should organisations be reviewing and improving their approaches?
Read MoreNonprofits guide to effectively researching potential donors
The ongoing data explosion has permanently changed the role of any prospect researcher – carrying out your due diligence takes much longer than it used to. At the same time, it is increasingly important to know who you are doing business with before putting your organisation at risk. Researching your potential donors thoroughly enables you to build trust, spot potential opportunities, and mitigate risk.
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