Data Analytics & Predictive Modeling
There are numerous and diverse reasons for nonprofits to adopt data analytics and predictive modeling tools. The implications are enormous for nonprofits prepared to invest in making sense of the swathes of data they may collect every single day. For example, tools are allowing organizations to be more strategic about donor outreach. They are helping membership organizations 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 modelling to impact the way in which courses and institutions are marketed, curricula are structured, and students are monitored and supported. In this webcast, recorded April 2021 at AAFCPAs’ Nonprofit Educational Seminar, AAFCPAs’ Charlie Webb, CPA, CHFP, Vassilis Kontoglis, and R. Ben Davis 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!