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How to Make Your AMS a Revenue Generator, not a Cost Center

MatrixG

Historically, associations view their AMS as merely a cost center: technology with a fancy price tag to track what the association and members are doing. Is your product or service optimized for search, meaning can I find your product through Google or your site search? This is a mistake. Where are the friction points?

Revenue 105
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Skyrocketing Costs Squeeze Event Budgets

Velvet Chainsaw

Travel costs are rising due to strong demand (led by the leisure sector). Event venues are raising rates for basic services like electrical, internet, trash management and catering. Transportation providers from airlines to shuttle bus providers to shared ride services and taxis are all raising fees.

Cost 59
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6 Steps to Nonprofit Cost Recovery

Association TRENDS

“Are you struggling with knowing those hidden costs for your nonprofit? At uProfyt, we specialize in helping nonprofits navigate the complexities of understanding your true cost of service. On average when organizations take on a grant, they are immediately in a 20% deficit.

Cost 52
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6 Steps to Nonprofit Cost Recovery

Association TRENDS

Are you struggling with knowing those hidden costs for your nonprofit? At uProfyt, we specialize in helping nonprofits navigate the complexities of understanding your true cost of service. On average when organizations take on a grant, they are immediately in a 20% deficit.

Cost 52
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Financial impacts: What the costs of COVID-19 mean for community associations

Ungrated

Higher operating expenses and unanticipated costs due to the ongoing global crisis pose challenges to association budget projections, reserves planning, and maintenance requirements. Boards should anticipate increases in fees for professional services too. How is your community managing costs stemming from the COVID-19 pandemic?

Cost 108
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Does Your MSP Really Provide CIO Services?

Delcor

But while you may get some valuable infrastructure planning support from your Managed Service Provider (MSP) , it’s important to understand the difference between what you’re getting from your MSP and what you need from a strategic IT leader. What Should CIO-level IT Leadership Services Look Like?

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What Is Cost to Serve?

Thanks For Playing

At its most basic level: Revenue per member – Expenses per member = Cost to serve a member Simple, right? "If If membership is $100 a year, and it costs us $60 a year to mail each member our journal, that's our cost to serve, and we bring in $40 a year in revenue per member. What does it cost to recruit and retain each member?

Cost 150