AcademicWorks To Improve Donor Reporting and Stewardship Efforts
AcademicWorks Engage aims to simplify the endowment reporting process for donor relations and stewardship professionals.
AcademicWorks recently made changes to its Scholarship Management Platform. The company has announced AcademicWorks Engage, designed to “help colleges, universities and foundations improve donor relations and stewardship efforts by simplifying the endowment reporting process,” according to a prepared statement.
Earlier this year, AcademicWorks conducted a study where 230 donor relations professionals shared how they report donors throughout the year. AcademicWorks found that campuses and foundations struggle to combine information from multiple administrative systems, and typically spend an average of 315 hours preparing donor reports each year.
As a solution, AcademicWorks Engage offers one convenient place to store all information required for donor reporting, with curated online access to fund financial reporting, recipients, disbursements and formal letters. Additionally, administrators can leverage the Scholarship Management Platform “to import scholarship disbursement data and donor acknowledgements, while using a streamlined process to import fund financial and donor contact information into one relational database.”
Further information and product demos are available via the AcademicWorks site.
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Sri Ravipati is Web producer for THE Journal and Campus Technology. She can be reached at [email protected].