When you’re running a non-profit, you need to take advantage of every asset at your availability. Using an inventory tracker can help you make the most of all your assets. Whether you need to track donations from a fundraiser or physical goods given by members of the community, there are many ways you can benefit from tracking your assets. Here are just a few:
Tracking Donated Inventory Ensures You Don’t Misplace Anything
Every donation counts towards helping the cause you represent. But without a good system in place, it can be easy to misplace a donation here and there. Tracking any goods given to your non-profit means you’ll know exactly what you have, where it is, and what condition it was in when you received it. Recording this information throughout the year means you’ll know how much more work you need to do come next year.
Using an Inventory Tracker Simplifies End-of-Year Reporting Processes
Many donors want to know how your non-profit performed over the past year. Compiling this information can be tricky if you don’t already have a system in place. However, an inventory tracking system makes it easy for you to record donations and their value throughout the year. When it comes time to compile that end-of-year report, you’ll already have that information collected in one place, and won’t have to do a bunch of extra work.
Implementing an Inventory Tracking System Gives You More Time For Your Cause
Most non-profits operate on a small staff. That means you have a lot of demands on your time, which can sometimes lead to tasks getting neglected for weeks on end. Using an inventory tracker can save you a lot of time by streamlining the donation tracking process. That means you’ll have more hours to spend helping the people or situations your non-profit is all about.
Asset Panda knows that you have a lot to worry about. From organizing fundraisers or charity events to meeting with donors and event organizers, it can often feel like you don’t have any time to yourself. You shouldn’t have to worry about tracking the donations and assets which keep your organization functioning from month to month.
Our platform makes it easy for you to track donations or assets of any kind. With customizable fields, you can record all of the information you need to track for tax purposes. You’ll then be able to provide this information to donors, who rely on accurate reporting to complete their tax returns each year. Get away from spreadsheets, which are clunky and make it difficult to track the depth of information that is often involved with charitable donations.
One of our clients, Better For You Meals, provides school lunches for children in need. They needed to track the coolers which transport the meals delivered to schools. Before, they were just trying to remember where the coolers were located instead of tracking them. By using Asset Panda, they were able to create custom actions for delivering meals and picking those coolers back up at the end of the day, as well as reduce the number of misplaced coolers, putting more money back in their budget.
Want to check out all of the ways Asset Panda can help your cause succeed? You can check out our platform at no risk when you sign up for a free trial today!