Sisense and Funraise Team Up to Transform Nonprofit Fundraising
Introduction to the Collaboration between Sisense and Funraise
In a significant advancement for nonprofit fundraising, Sisense, the premier AI-first analytics platform, has announced a partnership with Funraise, a leading digital fundraising platform tailored for nonprofits. This collaboration aims to harness the power of data analytics to enhance fundraising capabilities and drive higher efficiencies in the nonprofit sector.
The Impact of Fundraising Intelligence
Funraise has successfully achieved an incredible 700% increase in annual online fundraising revenues for organizations leveraging Sisense’s robust data intelligence features. This collaboration introduces 'Fundraising Intelligence,' an advanced analytics framework designed to streamline access to critical fundraising data and provide actionable insights. By utilizing this platform, nonprofits can enhance their fundraising strategies, leading to improved donor retention and overall giving.
Transformative Features of Fundraising Intelligence
Fundraising Intelligence equips nonprofits with tools that allow them to visualize and analyze data in real time. As Tony Sasso, the Chief Product Officer and Founder of Funraise, explained, this tool provides invaluable insights into donor behavior, campaign performances, and fundraising trends. It is particularly user-friendly, ensuring that even organizations with limited technical expertise can utilize it effectively.
Efficiency Gains in Fundraising Processes
Prior to the integration of Sisense, Funraise depended on custom, manually-created reports that required substantial engineering resources. This painstaking process often delayed access to essential information. However, with the Sisense analytics platform now in use, this workflow has been streamlined, enabling nonprofits to access analytics in just minutes rather than weeks.
Key Benefits Realized by Nonprofits
This partnership has yielded tangible benefits for Funraise and its clients. Some of the remarkable outcomes observed include:
- Analytics Delivery Time Cut: The time taken to deliver analytics has been slashed from weeks to mere minutes.
- Engineering Resource Savings: Funraise has saved approximately 40 engineering hours per week, allowing staff to focus on product innovation.
- Higher Online Fundraising Revenue: Organizations tapping into this feature have seen a staggering 700% boost in online fundraising compared to those that haven’t.
- Recurring Revenue Growth: Clients have experienced a remarkable 150% increase in recurring revenue.
- Improved Donor Retention: There has been a 12% rise in donor retention rates.
Empowering Nonprofits through Data
As Sisense CEO Ariel Katz emphasized, every nonprofit should have access to robust data infrastructures akin to those of private enterprises. With the capabilities that the Sisense analytics platform brings, Funraise can deliver timely insights that empower nonprofits to effectively target and engage with their donors. This transformation highlights the significance of enhancing data literacy in the nonprofit sector to achieve fundraising objectives.
User-Friendly Analytics Experience
The interactive dashboards offered within the Fundraising Intelligence feature present nonprofits with user-friendly data visualizations. This technology allows organizations to easily query and export essential data, further aiding decision-making processes in real time. Additionally, by automating the data analytics process, Funraise's engineering teams can redirect their focus toward developing innovative products and enhancing user experiences.
About Funraise
Funraise stands out as a nonprofit-first platform focused on online fundraising, integrating a sophisticated fundraising infrastructure with top-tier donor management solutions. Built by individuals with extensive experience in the nonprofit arena, Funraise is acutely aware of what organizations need to thrive in a competitive fundraising landscape.
About Sisense
Sisense is celebrated as the leading AI-driven analytics platform. It democratizes access to data, enabling developers and business users to embed meaningful insights into their operational workflows and applications. Its versatile analytics suite offers no-, low-, and pro-code tools, making data preparation easier and unveiling profound insights. With a focus on usability for both technical and non-technical users, Sisense empowers organizations of various sizes to transform complex data into meaningful experiences that can drive success.
Frequently Asked Questions
What is the purpose of the Sisense and Funraise partnership?
The partnership aims to enhance nonprofit fundraising by utilizing advanced data analytics to improve access to fundraising insights and decision-making.
How has Funraise benefited from integrating Sisense’s platform?
Funraise has experienced a 700% increase in online fundraising revenue and reduced reporting times from weeks to minutes through this integration.
What specific features does Fundraising Intelligence offer?
Fundraising Intelligence includes interactive dashboards, real-time data query capabilities, and automated analytics processes to simplify data management for nonprofits.
Who can utilize the features of Fundraising Intelligence?
Nonprofits of all sizes, regardless of their technical expertise, can leverage the user-friendly features of Fundraising Intelligence to improve their fundraising strategies.
What does Sisense provide to organizations?
Sisense provides a comprehensive analytics platform that democratizes data access, allowing organizations to embed actionable insights into their everyday operations.
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