The challenge
Teach For America (TFA), a U.S-based educational non-profit organization founded in 1990, aspires to confront educational inequalities in underserved areas. To support its mission to advance children’s education, TFA builds strong donor relationships that provide the necessary financial support for its program. With a network of 64,000 teachers and alumni, TFA serves in more than 9,000 schools across the U.S. Despite TFA’s rapid growth, the internal infrastructure of the educational non-profit is not well-equipped to process incoming donations. The existing TFA gift-payment processing solutions involve several internal and external systems for handling different payment types. Although the standalone systems are fit for their designated tasks, they lack integration and automation. The result is lengthy learning curves for gift processors and time-consuming revenue accounting, which increase both the chances of human error and the need for additional data cleanup.
The lack of an end-to-end payment processing solution led TFA to reach out to Cognizant for help. The organization also wanted a solution that would reduce manual effort and enhance resource utilization.