Value Of Digital Transformation
Published: Jul 10, 2023 @ 2:22 PM
Have you ever wondered what the value of a digital transformation looks like? Well here are some numbers to answer that question. It's not always our fav, in this sector, to quantify in $$ the value of the work . . . but occasionally a board or a funder requests it to gain a better understanding of the impact or reach of the organization.
- The value of volunteer labour provided by our matching services is estimated to amount to $1.6 billion, since September 2019 when we began tracking this measure.
- Over the same period of time, the cost savings for organizations who used our recruitment services was estimated at $9.0 million.
- Regional partners, our peer capacity building organizations, across Canada saved an estimated $4.7 million through our collaboration efforts.
For every dollar investors contribute to Propellus we return 486% in cost savings and labour value to the sector. These staggering figures reflect the value of long-term collaboration and the power of digital transformation inside the charitable sector. (**compared to 31% in 2016)