Charities

Covalent is the ideal tool to help charities improve corporate performance management, governance, risk management and business planning, delivering a comprehensive solution that integrates all corporate performance elements with powerful reporting capabilities.

With the squeeze on public sector budgets, funders of the voluntary sector have become more demanding. Charities will increasingly have to 'prove their impact' in order to receive funding, and evidence the quality of their work. The Charity Commission is also looking for evidence of strong trusteeship and governance processes as well as effective risk management, as outlined in its Hallmarks of an Effective Charity guidance.

For charities, embedding performance management within the organisation is fundamental to ensuring successful outcomes against these challenges.

Progress track efficiency initiatives and Value for Money programmes
Covalent consolidates in one place all action plans and projects across the organisation, and progress tracks them against due date with colour coding and powerful milestone management. Proactively manage cost reduction action plans to identify and deliver savings.

Streamline processes to improve service delivery and identify inefficiencies
Closely track all the critical time, quality and cost metrics in key business processes. Highlight operational inefficiencies, bottlenecks and service improvement opportunities to achieve a better outcome at reduced cost.

Deploy resources in line with corporate objectives and priority local outcomes
Actively manage deployment of limited resources in achieving organisational objectives to evidence work quality, as well as demonstrating organisational impact. Progress track relevant PIs, actions and risks with Strategy Maps and Scorecards.

Progress track actions in service and improvement plans
Covalent consolidates in one place all corporate and departmental action plans, service improvement programmes, and partnership projects, and progress tracks them against due date with colour coding and powerful milestone management.

Improve employee performance management methods
Manage competency frameworks, 360 degree feedback and goal alignment. Obtain a cross-organisational assessment of staff performance and skill gaps. Track personal development plans (PDPs) for every employee.

Minimise strategic and operational risks
Covalent consolidates all strategic and operational risk registers in a tree hierarchy, with traffic-lighting based on likelihood and impact, linked to mitigation plans. Ensure all parts of the organisation are 'risk aware' and alert them to changes in risk status.