Charities and Electronic Signatures: Strengthening the Donation Process

It’s no secret that 2020 was a difficult year for most people. The COVID-19 pandemic affected almost every individual in one way or another, and the strain and limitations placed on companies of all sizes significantly impacted our local and global economies.

Unfortunately, charitable organizations were not bypassed by the impact of COVID-19.?According to a Blackbaud institute study, overall the fundraising industry saw an increase in fundraising results by 2% stemming from growth by large and medium-size charities. However, the same study also showed that smaller charities experienced an overall decline of 2% in their donation totals for 2020.

In 2021, small charities are working hard to make up for lost donations from the previous year. Because of this, it’s essential that charities have access to the tools and software solutions that can help them maximize their donation processes.

Electronic signatures are increasingly establishing themselves as vital and necessary tools for businesses in all industries, and the numbers supporting this statement only further back this up. In fact, in 2020 a MarketsandMarkets report showed that the global signature market grew to $2.8 billion and is expected to continue growing to upwards of $14.1 billion by the year 2026.

So, where do electronic signatures fit into the picture with charities? Below, we’ll take a look at electronic signatures and how this dynamic tech solution can strengthen the donation process for charities of all sizes. Read more.