The Inworks Solution

Inworks is a better way for nonprofit organizations and educational institutions to manage incoming funds transactions. Whether it’s payments from constituents or donations from individuals, foundations or corporations, Inworks applies the power of the Internet to make the process of payment receipt fast, easy and cost-effective.

With Inworks, nonprofit organizations can sweep incoming funds daily into Commonfund-run interest-bearing accounts. Your institution can increase interest income and you get a powerful way to improve customer service.

A complete receivables solution
Inworks applies the power of the Internet to the challenge of enabling your nonprofit institution to more efficiently receive and benefit from incoming funds. By giving constituents the option of using the Internet to make payments electronically, Inworks helps nonprofit institutions add new convenience to their services. Just as important, Inworks lets nonprofits apply incoming funds more quickly to interest-bearing accounts for increased income. Transactions are also electronically posted to back-office accounting systems for added efficiency and cost savings.

Easy to get started
Inworks is easy and economical to implement. It’s delivered to your organization as an ASP (Application Service Provider) solution. This means the application is hosted on secure servers maintained by Inworks. You can get started with a minimal investment of time, money and technical resources.

Implementation steps
Implementing Inworks is a straightforward technical process for your institution. Typically, implementation proceeds from the go-ahead commitment to "go live" in a matter of weeks. The speed of each implementation, of course, depends on the complexity of your institution’s back-office financial systems and how rapidly your institution’s administration can approve Web page designs and user requirements. An Inworks implementation specialist will work closely with your staff to ensure that the entire process proceeds smoothly and rapidly.

To begin the implementation process for your institution, you can contact an Inworks sales representative now at wconway@cfund.org or call 415 293-8348. The Inworks sales representative will assess your needs and review your existing systems to develop an implementation timeline for your institution.

An integrated solution
Inworks doesn’t stand alone. It’s designed to operate as an integral component of your institution’s overall financial system. It can conform to your treasury management practices. And it can integrate with your back-office financial systems via APIs (Application Programming Interfaces) that allow transaction data from Inworks to be posted automatically to your back-office financial systems, such as commercial ERP systems, accounting software or proprietary systems.

From a trusted source
Inworks comes to you from Commonfund, the number one independent manager of endowment assets and operating cash for education. Serving more than 1,400 institutions, Commonfund has deep understanding of the financial operations of educational institutions today. With Commonfund, you get the value of vast experience in supporting all aspects of educational institution financial operations. Inworks can be integrated with your Commonfund Treasury account so that incoming funds can be put to use quickly and effectively.
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