Boundless FundraisingTM Mobile Check Deposit
Streamline the Offline Donation Process for Your P2P Event Program
Back to Basics: What is Mobile Check Deposit?
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Case Study: The Longest Day
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When we really looked at what some of the challenges that organizations are facing today, we realized that the process for receiving and recognizing revenue from checks was very inefficient, very broken, and involved a lot of risk, in terms of checks being lost or bounced. Plus, the amount of time for checks to be processed and for participants to get credit for those gifts was troublesome.
So with the use of technology, what we’re able to do is really streamline that process and enable participants to directly deposit those checks and have that money hit an organization’s bank account within 24-48 hours. It represents the opportunity to provide event participants with instant gratification, organizations with the ability to receive money sooner, and also from a donor stewardship perspective, you’re able to acknowledge their transaction and quickly get them in the fold so you can quickly show your appreciation for their contribution!”
Sr. Vice President of Product