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Seventy-one percent of nonprofits use or plan to use AI for fundraising and event planning, up 28 points from 2023. Prioritizing cybersecurity is crucial for nonprofits to protect sensitive donor information and financial assets, maintaining the trust and support essential for their mission.
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These remain important selling points, but recent events have demonstrated that going digital is about more than optimizing existing processes — it is also about enabling entirely new ones.” Problems with financialsoftware integration have vexed the industry for several years.
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Back in August, when they raised their Series C, which was $60 million, Forbes described ScaleFactor as this: "ScaleFactor makes online financialsoftware that enables small-, and medium-sized businesses to automate back-office tasks, including bookkeeping and payroll." TurboTax is doing events with Square.
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