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The Fundraising Regulator has published figures showing that only 40% of charities are fully compliant with the Charities Act, as they don’t meet fundraising reporting requirements. This is a worrying figure, as it means that 60% of charities are missing their statutory reporting requirements. This also means their annual donor reports will lack proper fundraisingRead more

Recent events have proved that ransomware attacks are indiscriminate, and anybody is a target. Travelex’s online sales have been completely crippled by a wide-scale attack, and even their brick and mortar and partner sales are heavily affected as their systems suffer. If the Sodinokibi ransomware that targeted Travelex can cripple such a global giant withRead more

Whether they realise it or not, charities can have a huge number of assets. These include obvious, tangible assets, such as premises, furniture and equipment, but also extend to less obvious intangible assets such as documents and contracts. Imagine shopping without a grocery list. You’re only able to find what you need by looking atRead more

What if you could make your business’s invoice processing 71% faster overnight? It sounds impossible – if you work faster, surely you’re more likely to make mistakes? However, thanks to new technological advances, computers can take over this task for you. Optimised invoice processing Over the years, technology has optimised a host of business processes,Read more

The past decade has been full of surprises and exciting developments for PS Financials, and 2019 was no different. From powerful new product features to a promising new partnership, there’s plenty that we want to celebrate! Making Tax Digital preparations We’ve worked toward full MTD compliance in preparation for 2019, and were pleased to launchRead more

Over half of the world’s installed software is already out of date and open to malicious attack. This poses a huge international security risk. Unfortunately, this also includes any computers that are running Windows 7, as it’s now unsupported. This doesn’t mean that Windows 7 won’t work, but you still shouldn’t rely on it, as it’s nowRead more

More and more organisations are modernising their asset management thanks to state-of-the-art technology. If you haven’t already, you might want to consider joining them. An efficient asset management process helps organisations prevent theft, maximise the value of their assets and even avoid breaking statutory regulations and health and safety procedures. A robust asset management processRead more

If you don’t currently employ risk-based compliance strategies, you might be taking a risk yourself. “The starting point is: the greater the risks, the more charity trustees need to do to mitigate them.” The Charity Commission for England and Wales Charities often conduct their work in physically risk-prone locations, but the risks to charities don’tRead more

Inspiring people to become ambassadors for your charity’s brand isn’t easy. You might have a worthy cause, but keeping people enthusiastic and ready to raise funds for you can seem like a difficult task. These are the tricks employed by the best charity fundraising drives. 1. Make it easy Help fundraisers get started and stayRead more

As scams and defrauding schemes become more sophisticated, annual charity losses to fraud have skyrocketed. In 2018/2019, annual losses reported to Action Fraud (the UK centre for reporting fraud and cyber-crime) total nearly £8m. That’s £8m of donations stolen directly from the pockets of not-for-profits. It’s an enormous amount of financial loss, but when youRead more