Opportunities for funding are requests for financial support that follow a predefined set of steps, from initial requirement to obtaining funding. In a donor management system, these opportunities can be recorded against organizations or individual contacts, and tracked through the various stages of the funding process.
A donor management system can also provide tools for reporting on these opportunities, such as a Gantt chart that shows the progress of each opportunity across the board. This can help organizations to see at a glance where they are in the process, and to identify any potential issues or delays. The progress bar can be color-coded to reflect the status of the opportunity, and to highlight any target dates that are approaching.
Overall, tracking opportunities for funding in a donor management system can help organizations to manage and coordinate their efforts to secure financial support, and to make informed decisions about their funding strategies
To understand how to adapt this to your organization visit the prospect settings page.
