In just two weeks, Givzey has doubled the value of gift agreements managed on Intelligent Gift Documentation Platform, passing $100 Million.
Widespread nonprofit sector adoption of Givzey’s Intelligent Gift Documentation Management Platform has lead to explosive growth. In just two weeks time, Givzey has doubled the value of gift agreements managed on its platform from $50 Million to more than $100 Million. This landmark milestone is attributed to Givzey seeing more multi-year agreements executed in the last month than ever before.
“It’s obvious that multi-year agreements are starting to see widespread adoption as a fundamental solicitation strategy. Givzey’s explosive growth in just two short weeks speaks to the value of solving foundational problems for nonprofit organizations. Givzey’s Intelligent Gift Documentation Management Platform is a need-to-have in today’s fundraising climate that demands scalable growth as, across the Social Good sector, we’ve seen a decade of decline in everyday donors. Crossing the $100 Million threshold is a testament both to our team’s growth and the rapidly growing understanding that scaling multi-year giving strategies is the best approach to address donor retention, elevate the donor experience, and increase bookable revenue.” – Adam Martel, CEO, Givzey
Multi-Year Giving Growth
When Givzey first introduced Smart Gift Agreements to nonprofit fundraising, the vision was to go beyond digital transformation and turn gift agreements from stale, static documents into data-centric assets for advancement teams. This critical first-step unlocked the ability to scale pledges and multi-year giving to all levels of giving, created world-class donor experiences, and immediately increased bookable revenue for organizations working to change the world. Now, with Givzey’s Intelligent Gift Documentation Management platform built around Smart Gift Agreements, growth is staggering.
As Givzey has become the definitive leader in data around gift agreements and gift documentation, customers routinely 10-15x multi-year donor commitments, significantly shrink the time it takes to close one-time and multi-year gifts, increase donor sentiment with one-click intuitive gift agreements, fulfill gifts through automated pledge reminders, and much more.
“At Givzey, we understand why multi-year giving has become core to solving some of the largest challenges facing fundraising, as do our customers. We did not expect such an explosion all at once, but the growth is real because nonprofit fundraising leaders are championing the movement to scale multi-year giving to all giving levels as the very best way to build pipeline – both financially and in developing personal donor relationships.” – Emily Groccia, VP Customer Success, Givzey
AI Roadmap for Intelligent Gift Documentation Management
Recently, Givzey also unveiled it's artificial intelligence (AI) roadmap for the Intelligent Gift Documentation Management Platform. The roadmap includes AI-enabled compliance automation, accelerated fundraiser enablement for multi-year giving, and an even better donor experience. Givzey’s AI Roadmap will run in parallel to Givzey’s work on Version2.ai, the company’s AI R&D lab solely focused on creating the world’s first autonomous fundraiser.
Givzey’s AI Roadmap includes:
Compliance Automation
As organizations look to safeguard against risk, Givzey’s AI technology will give fundraising professionals the confidence that their work complies with internal policies and procedures and industry standards.
Givzey’s real-time automated compliance alerts, powered by AI, will ensure that an organization's required language is never edited or removed from an agreement. This never before seen compliance automation will also flag language that could create unnecessary risk for an organization based on best practice and industry standards set by organizations like the IRS, SEC, CASE and AFP, while Givzey’s smart suggestions tool will offer fundraisers alternative language that is in line with those standards.
Through AI detection, automated alerts and smart suggestions organizations will ensure the highest level of risk mitigation while enabling fundraisers to scale giving at every level.
Fundraiser Enablement
Givzey exists to make all forms of gift documentation easy to execute and manage, while also giving organizations the ability to significantly increase their long-term reach by scaling multi-year giving programs. Givzey couldn’t carry out its mission without the work of the industry's dedicated fundraising professionals, so building AI that directly supports their work could not be overlooked. We’re building the ability for AI to alert fundraisers when they have opportunities to make multi-year asks, increased asks, and more as a part of their solicitation strategy.
With Givzey’s AI-powered fundraiser enablement features, development teams can expand multi-year giving strategies by automatically prompting donors who are primed for a multi-year ask, but are currently only making annual or semi-annual contributions. Givzey’s fundraiser enablement AI also expands that strategy beyond managed donors to donors who fit a multi-year giving profile but are currently rated and unassigned to a gift officer portfolio.
Donor Experience
Givzey’s Intelligent Gift Documentation Management Platform revolutionizes the donor experience when making multi-year commitments by seamlessly streamlining communications with donors around smart pledge reminders and intelligent invoicing. These necessary touchpoints will be timely, personalized and meaningful and provide donors with the type of world-class experience paying their pledges that they have with most other organizations in their lives.
Intelligent Gift Documentation Management Platform
With Givzey, fundraising’s end-to-end Intelligent Gift Documentation Management Platform, gift documentation has never been so easy. Givzey uses four sets of fundraising tools, Smart Gift Agreements, Dynamic Workflows, Automated Pledge Reminders, and Intelligent Invoicing that all revolve around the Givzey Hub to unlock efficiencies with fundraiser enablement, safeguard against risk with compliance automation, and elevate organizations to a world-class donor experience.
Smart Gift Agreements
Easily, accurately, and formally document gifts with trackable digital gift agreements that improve efficiency as they work toward fundraising goals.
Dynamic Workflows
Centralize the disorganized process of closing major and complex gifts with groups of tools that ensure Smart Gift Agreements are reviewed, revised, approved, and documented efficiently – from commitment to close.
Automated Pledge Reminders
Stewardship automations provide donors with personalized and donor-centric pledge statements that include payment schedules, fulfillment obligations, and immediate payment options.
Intelligent Invoicing & Gift Fulfillment
Change the direction and control of giving by providing a more professional and formalized donor experience while reducing administrative burden by turning pledge invoices into true stewardship touchpoints for donors and corporate sponsors – fully trackable and reportable for your organization.
Givzey Hub
A smart and centralized repository that helps fundraisers hit their goals by storing, managing, tracking, and reporting all gift documentation in a single place. Out-of-the-box features drive efficiencies, actions, and insights across the fundraising organization so you can stay on top of every gift agreement and its status.
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