Latest news with #MomentiveSoftware
Toronto Star
6 days ago
- Business
- Toronto Star
Momentive Software Launches Unified Event Management Capabilities Designed for Mission-Driven Organizations
ST. PETERSBURG, Fla., Aug. 04, 2025 (GLOBE NEWSWIRE) — Momentive Software, the leading provider of cloud-based software, services, and payment solutions for purpose-driven organizations, today announced the launch of Momentive Event Management Software, an integration of event management solutions that expand the company's offering to deliver a seamless customer experience. The new offering will provide comprehensive event management capabilities — including event registration, check-in & badging, lead capture, abstract management, agenda building & speaker management, continuing education, attendee tracking, session room & vendor management, and event apps. 'The launch of Momentive Event Management Software represents a major step forward in our ongoing commitment to delivering innovative, customer-driven solutions,' said Dustin Radtke, Chief Product and Development Officer at Momentive. 'By unifying our events portfolio, we're not only simplifying the experience for event organizers — we're unlocking powerful, integrated capabilities that help them do more with less. This multi-phase investment in our product roadmap reflects our vision of creating transformational events that strengthen relationships, accelerate engagement, and elevate every part of the event journey.'
Yahoo
11-06-2025
- Business
- Yahoo
Tech-Savvy Nonprofits are More Optimistic and Better Prepared for the Future, New Study Finds
Recent data from Momentive Software reveals how forward-thinking nonprofits are using technology and collaboration to boost growth and navigate uncertainty ST. PETERSBURG, Fla., June 11, 2025 (GLOBE NEWSWIRE) -- Momentive Software announced today the release of its annual Nonprofit Trends Report, 'Weathering Federal Uncertainty: Nonprofit Operational Trends'. Findings from the latest edition show that nonprofits leveraging technology earlier feel significantly more prepared about their future than their counterparts who are slow to integrate technology into their business strategies. Despite widespread concerns for potential federal budget cuts and funding instability, 63% of nonprofit professionals remain optimistic about their organization's future. Key takeaways from the report and how nonprofits can further their mission in more effective ways include: Technology Adoption Predicts Success Nearly one-third of nonprofits consider themselves early adopters of technology, while another third identify as laggards. Nearly half of nonprofits grew revenue last year, but early-tech adopters had more revenue streams than other nonprofits — with an average of 5.14. However, the adoption of AI among nonprofits remains in the early stages, with only 21% of organizations currently leveraging AI in their strategies. Despite their slow embrace, nonprofit professionals who are using AI are finding significant value in content generation, marketing, and analytics. Donor Retention Fuels Sustainable Growth Implementing a strong donor retention strategy is paramount for the health of any nonprofit organization and can lead to quick wins. Momentive's research shows that 56% of organizations with a donor retention strategy experienced revenue growth and reported donor retention rates of 77% versus 61% for organizations lacking a retention strategy. Alternatively, 46% of organizations report having no donor retention strategy at all. This opens the door to competitive differentiation for those who are willing to invest in a proactive approach to retaining individual donors. With the average cost of acquiring a new donor five times greater than retaining an existing one, organizations would be remiss to ignore this key aspect of their strategy. Collaboration Leads the Way Forward Amid funding ambiguity, many organizations are pivoting their current strategies to prepare for the year ahead. Collaboration has emerged as a key adaptation strategy, with 82% of nonprofits planning to maintain or increase their partnerships with similar-mission organizations, and 46% specifically planning to increase their collaborative efforts. While 66% of nonprofits receive grant funding, many of them are anticipating foundation giving to compensate for decreased federal grants. However, private foundations would need to increase their grantmaking by 282% to offset anticipated government funding reductions. Momentive's data reinforces the importance of strength in numbers when it comes to organizations partnering together to power through uncontrollable change. 'Nonprofits exist to create impact, and that mission doesn't pause in times of uncertainty,' remarked Tirrah Switzer, VP of Product Marketing at Momentive Software. 'What our data shows is that organizations who embrace technology and invest in donor retention and collaboration aren't just surviving — they're charting a path to sustainable growth. These aren't just operational strategies; they are mission multipliers that help nonprofits serve their communities more effectively, regardless of the challenges ahead.' The latest research from Momentive Software makes it clear that embracing technology and AI, prioritizing donor retention, and investing in strategic collaboration are powerful ways nonprofits are weathering uncertainty and positioning themselves for long-term impact. While these highlights are just a few of the most compelling findings, the full report offers a deeper look into the data and emerging trends shaping the sector. For mission-driven organizations navigating a shifting landscape, the insights within provide both guidance and inspiration for the road ahead. The 2025 Nonprofit Trends Report, commissioned by Momentive Software and conducted by Edge Research, was based on data received from hundreds of nonprofit professionals who were surveyed across the United States between February-March of 2025. Access the complete Momentive Software 2025 Nonprofit Trends Report here. About Momentive Software Momentive Software amplifies the impact of over 30,000 purpose-driven organizations in over 30 countries, exceeding $11 billion dollars in total funds raised. Mission-driven organizations and associations rely on the company's cloud-based software and services to solve their most critical challenges: engage the people they serve, simplify operations, and grow revenue. Built with reliability at the core and strategically focused on events, careers, fundraising, financials, and operations, their solutions suite is bound by a common purpose to serve the organizations that make our communities a better place to live. Learn more at Media ContactMomentive Software | Heather Noll | in to access your portfolio
Globe and Mail
27-05-2025
- Business
- Globe and Mail
Momentive Software Expands Association Management Software Portfolio with Acquisition of Cobalt
ST. PETERSBURG, Fla., May 27, 2025 (GLOBE NEWSWIRE) -- Momentive Software, a leading provider of cloud-based software, services and payment solutions for purpose-driven organizations, today announced the acquisition of Cobalt, a provider of association and certification management software built on the industry-leading customer relationship management (CRM) platform Microsoft Dynamics 365. This is Momentive's second acquisition under its new brand identity, after purchasing learning management software and services provider Blue Sky eLearn. Software continues to play a vital role in helping mission-driven organizations operate more efficiently and achieve greater impact. By streamlining business processes, enhancing member engagement, managing certification workflows, and supporting successful fundraising events, technology empowers these organizations to focus more effectively on their core mission. Access to accurate and actionable data is also essential, providing the necessary insights to make informed decisions, evaluate mission effectiveness, and develop targeted initiatives that deliver measurable outcomes. With the right digital tools in place, nonprofits and associations are better equipped to create lasting, positive change within the communities they serve. With this acquisition and the previous Blue Sky eLearn acquisition, Momentive Software continues on a fast track of innovation that is driven by the customer experience and integration via the Momentive Data Hub. The company's comprehensive solution suite encompasses end-to-end tools that address the unique challenges of mission-driven organizations. It includes software that improves efficiency, strengthens member and donor engagement, and offers access to data that tracks and reports on mission impact, ensuring that purpose-driven organizations can adapt and thrive in a rapidly changing environment. The acquisition of Cobalt expands Momentive's depth of AMS and certification offerings to help associations of any size successfully manage business processes, membership engagement, credentialing, events and their overall impact. 'Our focus is on how we can better support mission-driven organizations by simplifying the unique challenges they face, so they can concentrate on what matters most - advancing their mission and creating lasting impact,' said Mike Henricks, CEO of Momentive Software. 'Acquiring Cobalt underscores Momentive's dedication to making strategic technology investments that deliver greater value to our customers and partners. The Cobalt team is joining us at a great time in our journey, and I look forward to growing our team and continue delivering user-friendly solutions to help nonprofits and associations sustain mission growth. Our recent launch of Automated Payments for MIP Accounting and improved payment experience with Clover Go integration, coupled with these acquisitions forge the path in our ability to change the industry.' Nearly 200 enterprise organizations leverage Cobalt's Engagement Dynamics AMS and certification offerings to enhance membership and credentialing management and donor engagement, automate and streamline business processes, drive revenue and attract funding for greater community impact. The acquisition advances Momentive's efforts to enhance its end-to-end solutions portfolio, offering customers a choice to meet their unique association management needs to maximize mission impact. 'It's exciting for us to be joining Momentive Software at a time when they are leading the way in innovation to meet the evolving needs of associations by supporting their ability to make a significant impact and drive meaningful change,' said Russell Inman, CEO of Cobalt. 'We share a customer first approach, and we look forward working together to create new possibilities for our customers and partners.' Terms of the transaction were not disclosed. Sherrard Roe Voigt & Harbison, PLC (Nashville, Tennessee) acted as legal counsel to Momentive Software in the transaction. About Momentive Software Momentive Software amplifies the impact of over 30,000 purpose-driven organizations in over 30 countries. Mission–driven organizations and associations rely on the company's cloud-based software and services to solve their most critical challenges: engage the people they serve, simplify operations, and grow revenue. Built with reliability at the core and strategically focused on events, careers, fundraising, financials, and operations, our solutions suite is bound by a common purpose to serve the organizations that make our communities a better place to live. Learn more at
Associated Press
27-05-2025
- Business
- Associated Press
Momentive Software Expands Association Management Software Portfolio with Acquisition of Cobalt
ST. PETERSBURG, Fla., May 27, 2025 (GLOBE NEWSWIRE) -- Momentive Software, a leading provider of cloud-based software, services and payment solutions for purpose-driven organizations, today announced the acquisition of Cobalt, a provider of association and certification management software built on the industry-leading customer relationship management (CRM) platform Microsoft Dynamics 365. This is Momentive's second acquisition under its new brand identity, after purchasing learning management software and services provider Blue Sky eLearn. Software continues to play a vital role in helping mission-driven organizations operate more efficiently and achieve greater impact. By streamlining business processes, enhancing member engagement, managing certification workflows, and supporting successful fundraising events, technology empowers these organizations to focus more effectively on their core mission. Access to accurate and actionable data is also essential, providing the necessary insights to make informed decisions, evaluate mission effectiveness, and develop targeted initiatives that deliver measurable outcomes. With the right digital tools in place, nonprofits and associations are better equipped to create lasting, positive change within the communities they serve. With this acquisition and the previous Blue Sky eLearn acquisition, Momentive Software continues on a fast track of innovation that is driven by the customer experience and integration via the Momentive Data Hub. The company's comprehensive solution suite encompasses end-to-end tools that address the unique challenges of mission-driven organizations. It includes software that improves efficiency, strengthens member and donor engagement, and offers access to data that tracks and reports on mission impact, ensuring that purpose-driven organizations can adapt and thrive in a rapidly changing environment. The acquisition of Cobalt expands Momentive's depth of AMS and certification offerings to help associations of any size successfully manage business processes, membership engagement, credentialing, events and their overall impact. 'Our focus is on how we can better support mission-driven organizations by simplifying the unique challenges they face, so they can concentrate on what matters most - advancing their mission and creating lasting impact,' said Mike Henricks, CEO of Momentive Software. 'Acquiring Cobalt underscores Momentive's dedication to making strategic technology investments that deliver greater value to our customers and partners. The Cobalt team is joining us at a great time in our journey, and I look forward to growing our team and continue delivering user-friendly solutions to help nonprofits and associations sustain mission growth. Our recent launch of Automated Payments for MIP Accounting and improved payment experience with Clover Go integration, coupled with these acquisitions forge the path in our ability to change the industry.' Nearly 200 enterprise organizations leverage Cobalt's Engagement Dynamics AMS and certification offerings to enhance membership and credentialing management and donor engagement, automate and streamline business processes, drive revenue and attract funding for greater community impact. The acquisition advances Momentive's efforts to enhance its end-to-end solutions portfolio, offering customers a choice to meet their unique association management needs to maximize mission impact. 'It's exciting for us to be joining Momentive Software at a time when they are leading the way in innovation to meet the evolving needs of associations by supporting their ability to make a significant impact and drive meaningful change,' said Russell Inman, CEO of Cobalt. 'We share a customer first approach, and we look forward working together to create new possibilities for our customers and partners.' Terms of the transaction were not disclosed. Sherrard Roe Voigt & Harbison, PLC (Nashville, Tennessee) acted as legal counsel to Momentive Software in the transaction. About Momentive Software Momentive Software amplifies the impact of over 30,000 purpose-driven organizations in over 30 countries. Mission–driven organizations and associations rely on the company's cloud-based software and services to solve their most critical challenges: engage the people they serve, simplify operations, and grow revenue. Built with reliability at the core and strategically focused on events, careers, fundraising, financials, and operations, our solutions suite is bound by a common purpose to serve the organizations that make our communities a better place to live. Learn more at Media Contact Momentive Software | Lisa Williams | [email protected]
