The New Cloud Solution Offers Best-In-Class Finance, HR, Payroll, and Scheduling Applications for the Underserved Nonprofit and Social Impact Sectors
Software company Sparkrock launches Sparkrock 365, a new cloud-based Enterprise Resource Planning (ERP) solution for social impact organizations that offers nonprofits and educators access to best-in-class enterprise technology.
Powered by Microsoft, Sparkrock 365 provides the unique features and benefits that nonprofit and education leaders need, providing the peace of mind that comes with using software built on the globally recognized platform of Microsoft Dynamics 365 Business Central. Purpose built to help these organizations reduce complexity and digitally transform their finance, procurement, payroll, and workforce management processes; Sparkrock 365 is the only all-in-one ERP solution for nonprofits and social impact organizations that is native to the cloud.
“This is the culmination of our vision to bridge the technology gap between nonprofits and the commercial sector,” says James Faw, co-founder and VP of Product Innovation. “Over the past 4 years we have invested almost $6 million in Sparkrock 365 and worked with many nonprofit CFOs, HR leaders, superintendents and other sector experts to get the best possible solution for our customers.”
Commercial business leaders in digital transformation generate an average of $100 million more in additional operating income each year, according to a recent report from Microsoft. Canada’s nonprofit sector alone generates over 8% of the country’s GDP – more than the entire retail industry – but this year’s NetChange survey showed just 11% of nonprofit staffers say their organizational approach to digital is “highly effective”.
Nicola Dickinson, Sparkrock co-founder and VP of Sales and Customer Success, says this gap shows that nonprofits and social impact organizations are missing out on the advantages that come from the right technology, including better efficiency, lower risk, and increased impact.
“We know that funders are hesitant to invest in back office infrastructure, so a lot of nonprofits and social impact organizations are stuck with outdated solutions and manual processes,” Nicola says. “Our vision is to offer accessible, meaningful technology to help nonprofits achieve the same digital transformation that has driven such powerful growth in the commercial sector.”
Built in the intelligent cloud, Sparkrock 365 offers a choice of deployment while still ensuring data is stored according to local data residency requirements. The solution also provides improved scalability and simpler implementation and use, compared to on-premise systems, James adds.
The new solution will help Halton District School Board update their back office systems, says Debra McFadden, HDSB Executive Officer of Human Resources.
“I’m excited about the potential for Sparkrock 365 to make our organization more efficient and agile. The functionality aligns tightly with our needs as a large, growing school board in Ontario,” Debra says. “It’s great to work with a partner that is proactively embracing the potential of the Microsoft cloud and all the opportunities and advantages that come with it.”