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BDO: PANDEMIC BOOSTS NFP TECH SPENDING Featured

A majority of nonprofit organizations surveyed by BDO USA say the COVID-19 outbreak has spurred plans for technology spending. Sixty-four percent of 200 leaders surveyed in the Nonprofit Standards benchmarking service say they will invest in new products this year.

That divides into 61 percent who intend to use those investments to improve operation efficiency and 29 percent who say those purchases will assist in the delivery of programs and surveys. Forty-six percent say their technology limitations limited their ability to respond to the pandemic.  The crisis has also spurred greater attention from their sources of funding, with 78 percent saying some of their funders are requesting more attention on outcomes and impact. Obstacles reported to effective impact reporting include 56 percent lacking human resources to gather information; 51 percent who do not have a consistent framework to measure impact; and 49 percent who do not have the technology to gather information.

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