Collect Data to Create Business Insight
Do You Make Sense of the Data You Collect?
There are numerous and diverse reasons for nonprofits to adopt data analytics and predictive modeling tools. The implications are enormous if you commit to making sense of the swathes of data you collect every single day.
- They are helping membership organizations to more positively influence member engagement and utilization of benefits.
- Healthcare providers are better able to optimize reimbursements under new payment methodologies by assessing quality metrics.
- Educational institutions are embracing data analytics and predictive modeling to impact the way in which courses and institutions are marketed, curricula are structured, and students are monitored and supported.
- Data analytics and predictive modeling tools are allowing organizations to be more strategic about donor outreach.
At our 2021 Virtual Nonprofit Educational Seminar, Wednesday, April 28, AAFCPAs’ Charlie Webb, CPA, CHFP, Vassilis Kontoglis, and R. Ben Davis will explore several applications for data analytics and predictive modeling. By sharing success stories, we hope to provide inspiration and insight into how these tools can best be utilized to optimize your nonprofit performance!
What are the most important key business questions you hope to answer in 2021? What could you achieve by gaining these answers? CFOs answer these questions and more in AAFCPAs’ 4-minute CFO Survey. Take the survey.>>