CHARLESTON, S.C., Feb. 20, 2020 /PRNewswire/
-- Blackbaud (NASDAQ: BLKB), the world's leading cloud
software company powering social good, today announces a new
Innovation Partnership with Chief Executives for Corporate Purpose
(CECP) to support companies' corporate social responsibility (CSR)
efforts. This first-of-its-kind partnership will create
opportunities for Blackbaud customers and CECP-affiliated companies
to be more effective with their CSR measurement data through
streamlined reporting and knowledge sharing.
"At Blackbaud, we believe the world will be a better place when
good takes over, which is a higher purpose echoed by CECP's own
mission. We deeply value our relationship with CECP, as an
affiliated company, and are excited to take this next step to
partner to drive even more impact for social good," said
Mike Gianoni, president and CEO,
Blackbaud. "When like-minded organizations come together like this
to further empower CSR initiatives through technology, the results
can be incredibly powerful. We're proud to support CECP and our
fellow companies with this new functionality, which will no doubt
create even more impact for social good."
To launch the partnership, Blackbaud customers utilizing
YourCause solutions now have access to a CECP Giving in
Numbers report enabling them to quickly and easily pull their
companies' data for the Giving in Numbers survey, saving
time that can be spent on their social impact programs, as well as
improving the overall data health of the submissions. Streamlined
data extractions ensure improved business case and strategy
benchmarking, trends and insights for leaders in all sectors.
Additionally, non-CECP companies that utilize YourCause solutions
to power their CSR efforts will be able to access these same
reports. This new functionality will provide CSR leaders with
unprecedented resources and access to industry data, which will
help strengthen and accelerate their efforts.
"We are extremely proud to partner with Blackbaud to put
companies' needs at the forefront," said Daryl Brewster, CEO, CECP. "Recognizing that
there are many demands on the time of a corporate leader, this
solution will streamline companies' measurement work and improve
their user experience both through YourCause solutions and with
CECP's Giving in Numbers survey. CECP's priority is to
increase efficiency and eliminate redundancy in service of our
companies committed to making an impact in their communities."
CECP is a movement of more than 200 of the world's largest
companies that represent $6.6
trillion in revenues, $21.2
billion in social investment, 14 million employees, 23
million hours of employee engagement and $15
trillion in assets under management. CECP helps companies
transform their social strategy by providing customized connections
and networking, counsel and support, benchmarking and trends and
awareness building and recognition. More than a third of
CECP-affiliated companies also utilize Blackbaud solutions to
manage their CSR efforts. CECP's Giving in Numbers report is
utilized by professionals across all sectors globally to understand
how corporations invest in society, with topics ranging from cash
and in-kind/product, employee volunteerism and giving and impact
measurement.
About Blackbaud
Blackbaud (NASDAQ: BLKB) is the
world's leading cloud software company powering social good.
Serving the entire social good community—nonprofits, foundations,
companies, education institutions, healthcare organizations and
individual change agents—Blackbaud connects and empowers
organizations to increase their impact through cloud software,
services, expertise and data intelligence. The Blackbaud portfolio
is tailored to the unique needs of vertical markets, with solutions
for fundraising and CRM, marketing, advocacy, peer-to-peer
fundraising, corporate social responsibility, school management,
ticketing, grantmaking, financial management, payment processing
and analytics. Serving the industry for more than three decades,
Blackbaud is headquartered in Charleston,
South Carolina, and has operations in the United States, Australia, Canada, Costa
Rica and the United
Kingdom. For more information, visit www.blackbaud.com
or follow us on Twitter, LinkedIn,
Instagram and Facebook.
Media Inquiries
media@blackbaud.com
Forward-looking Statements
Except for historical
information, all of the statements, expectations, and assumptions
contained in this news release are forward-looking statements that
involve a number of risks and uncertainties, including statements
regarding expected benefits of products and product features.
Although Blackbaud attempts to be accurate in making these
forward-looking statements, it is possible that future
circumstances might differ from the assumptions on which such
statements are based. In addition, other important factors that
could cause results to differ materially include the following:
general economic risks; uncertainty regarding increased business
and renewals from existing customers; continued success in sales
growth; management of integration of acquired companies and other
risks associated with acquisitions; risks associated with
successful implementation of multiple integrated software products;
the ability to attract and retain key personnel; risks associated
with management of growth; lengthy sales and implementation cycles,
particularly in larger organization; technological changes that
make our products and services less competitive; and the other risk
factors set forth from time to time in the SEC filings for
Blackbaud, copies of which are available free of charge at the
SEC's website at www.sec.gov or upon request from Blackbaud's
investor relations department. All Blackbaud product names
appearing herein are trademarks or registered trademarks of
Blackbaud, Inc.
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SOURCE Blackbaud