Collaborative Finances for Organizations
Foundations, Non-Profits, Companies, Public Sector and Co-ops
Participatory Finances
Empower your people and teams to manage their finances using our simplified and approachable financial tools.
Expense Processing
Process payment requests, pay invoices and reimbursements using automated integrations.
Crowdfunding
Launch campaigns to raise support for both one-time and continuously funded projects.
Real Time Balances
Keep track of balances, income and spending using up to the minute balances.
Transparency
Communicate your finances, transactions and real-time balances to your community.
Hosting
Provide a fiscal umbrella by safely managing the money of unincorporated groups.
Financial Platform
An integrated toolbox for collaboratively and transparently managing your finances.
Your dashboard brings together all the tools you need to collaboratively manage your finances and stay on top of financial activities that require your attention.
Money In
Document & track all incoming money.
When money shows up in your bank account or a check is received and processed, add it to an account and it is immediately available for disbursement.
Money Out
A comprehensive suite of tools for submitting, review, correcting, approving and paying out disbursements. A small team of administrators can efficiently handle thousands of monthly payment requests.
A step-by-step payment request form will walk users through filing correct and complete payment requests. Include your own unique instructions on how to properly submit a payment request in order to get paid.
Hosting
Invite other groups to operate under your financial and legal umbrella as Collectives. With a small team using the platform you can efficiently support thousands of groups and projects.
Collectives are mini-organizations within your organization. Each collective can setup their own accounts, crowdfunding campaigns and projects.
Crowdfunding
Create a variety of crowdfunding campaigns: simple tip-jar with one time contributions, one-time goals, monthly recurring goals and even yearly memberships for generating continuous income via crowdfunding.
Flexible tiers enable you to create a diversity of crowdfunding campaigns. Design tiers that are appropriate for you and your audience. Collect tips, one time contributions and recurring contributions.
Accounting & Accountability
Review & verify financial activities and provide your accountants with reliable information for your accounting processes.
At the heart of the platform is a transaction ledger. All financial activities on the platform generate ledger transactions.
Financial Platform
An integrated toolbox for collaboratively and transparently managing your finances.
Your dashboard brings together all the tools you need to collaboratively manage your finances and stay on top of financial activities that require your attention.
Money In
Document & track all incoming money.
When money shows up in your bank account or a check is received and processed, add it to an account and it is immediately available for disbursement.
Money Out
A comprehensive suite of tools for submitting, review, correcting, approving and paying out disbursements. A small team of administrators can efficiently handle thousands of monthly payment requests.
A step-by-step payment request form will walk users through filing correct and complete payment requests. Include your own unique instructions on how to properly submit a payment request in order to get paid.
Hosting
Invite other groups to operate under your financial and legal umbrella as Collectives. With a small team using the platform you can efficiently support thousands of groups and projects.
Collectives are mini-organizations within your organization. Each collective can setup their own accounts, crowdfunding campaigns and projects.
Crowdfunding
Create a variety of crowdfunding campaigns: simple tip-jar with one time contributions, one-time goals, monthly recurring goals and even yearly memberships for generating continuous income via crowdfunding.
Flexible tiers enable you to create a diversity of crowdfunding campaigns. Design tiers that are appropriate for you and your audience. Collect tips, one time contributions and recurring contributions.
Accounting & Accountability
Review & verify financial activities and provide your accountants with reliable information for your accounting processes.
At the heart of the platform is a transaction ledger. All financial activities on the platform generate ledger transactions.
Testimonials
The Open Collective platform is a critical part of how we operate. It streamlines our operations, saving us time and reducing administrative overhead. By automating many tasks related to managing financial contributions and expenses, we’re able to focus more attention on supporting our hosted collectives’ individual needs.
The platform keeps our financial records accurate, timely, and transparent, helping us build trust within our community and enabling us to focus more on providing meaningful support.
Open Collective is essential to how we operate as a foundation. The platform allows us to support hundreds of grassroots and open-source communities with transparent budgets, accessible financial tools, and smooth cross-border grant distribution.
Working with Ofico ensures that the platform continues to evolve with the needs of fiscal hosts and the communities they serve — it’s an indispensable partner in making collective financial infrastructure truly work at scale.
Open Collective enables us to deliver valuable services to numerous collectives in a structured and automated way.
Our communities appreciate how efficient and user-friendly the platform is, allowing them not only to fundraise but also to manage their budgets and expenses transparently.
With frequent updates, the platform continues to make it easier for us to support our collectives and for them to work with greater clarity and simplicity.
Open Collective has enabled us to distribute funds across community groups and collectives in transparent and clear ways.
The platform has unlocked our capacity to build sustainable infrastructure for our work - peer to peer learning and action - in meaningful and sustainable ways.
Furthermore the support we receive is thorough and consistent - we deeply appreciate the platform and the team.
Open Collective has democratised community organising, helping to build trust and foster collaboration and transparency across community led work.
Our continued partnership with Open Collective has enabled our network of more than 600 fiscally hosted community groups worldwide to manage their finances with ease and reassurance, thus freeing up headspace to focus on front line impact and long term strategy.
It's an easy to use platform and the Open Collective team are dedicated to ensuring that client feedback from our network is fed into further product design.
