Every company has to put measures in place to ensure that they control spending and are responsibly managing their budget. Non-profit organizations in particular are under the microscope when it comes to their finances, and must demonstrate that grants, gifts, and other financial contributions are going directly into programs and initiatives that support their mission. Any wasted dollars could potentially lead to reduced funding in the future from both private donors and federal programs. This also means that any expenses for software or administrative support - like contract management software - have to be justified and increase the organization’s ability to serve.
For non-profit organizations with limited budgets, those tasked with managing contracts cannot afford to let opportunities to reduce spending or improve efficiencies slip through the cracks. ContractWorks provides non-profit organizations like Chesapeake Bay Foundation (CBF) with an easy-to-use, cost-effective solution to sign, store, and track their corporate agreements, and offers special pricing discounts exclusively for non-profits.Read More