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Campaign Finance Software
Campaign Finance Software, also known as Political Fundraising Software, is a campaign software application that helps political campaigns as they raise money in a more productive manner than software not specifically dedicated to that purpose. Although the two terms Campaign Finance Software and Political Fundraising Software are often used interchangeably, usually the term Political Fundraising Software is referenced when a program focuses more on the actual activities that result in the raising of the funds. For example, tracking pledges and receipts and assigning them to specific events, importing and exporting potential donor lists for solicitation, or producing candidate call sheets for phone solicitation. Political Fundraising Software also deals with items such as categorizing potential donors into groups by interest or capacity to give and might track individual notes about that donor or assign tasks to be completed that relate to him.
The term Campaign Finance Software on the other hand often references software applications that are less focused on the raising of the campaign funds but more on the disclosure and accounting functions that are necessary for reporting to the Federal Election Commission. Now, this may not always be the case. As I said, the terms are often used interchangeably. State and local races simply do not have the rigorous disclosure standards thrust upon them that federal candidates must endure.
For that reason, Campaign Finance Software applications tend to function more like simple accounting software programs that retain in detail all the transactions that take place during a campaign and can be used for activities such as reconciliation of bank accounts, categorizing expenditures, flagging donations over the campaign limits, and storing confidential financial information of donors. All of this information is gathered so that campaigns can instantly produce their financial disclosures in the proper paper format. This information is then sent off to the Federal Election Commission before the disclosure deadline.
Most state and local campaigns do not need intricate, complicated, and expensive Campaign Finance Software, but rather need simple Political Fundraising software like that offered at www.MyCampaignTreasurer.com. If a state or local campaign feels the need to have more of a robust accounting of their funds, they can often pair their fundraising application with something inexpensive and easy like QuickBooks. Many federal campaigns also take this route, especially in the early stages of their campaign demands that they boot strap and conserve resources.
Make sure that you look at all the alternatives available when you select the software applications for your campaign and decide what will work best to help you both raise the funds necessary to win, and disclose the funds properly to avoid any penalties.
Brandon LewisBrandon Lewis has worked as a political fundraising consultant and staff member for U.S. Senate, U.S. Congress, State Senate, State Representative, and local political campaigns. Lewis has also worked in the non-profit arena on projects ranging from capital campaigns to grassroots fundraising. Founder of www.MyCampaignTreasuer.com, Lewis’ web-based fundraising application allows candidates to raise more money for their federal, state, and local campaigns through a simplified, focused approach.
Lewis is also author of How to Raise Money for Political Office; The Original Guide to Winning Elections Through Aggressive, Organized Fundraising. It offers a comprehensive, practical approach on how campaigns can raise more money for their campaigns in an efficient and effective manner.