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59<br />
How much investment<br />
did you take on?<br />
Our initial investment in cash and in-kind was around $340,000 and we also<br />
have taken on $90,000 in debt<br />
—<br />
What are you hoping<br />
the social impact will be?<br />
GoodSystems has a unique proposition - a complete back office platform for<br />
the NFP - so we believe our impact will be to help organisations become more<br />
collaborative, efficient, effective and accountable to stakeholders and funders.<br />
We see these things as critical for NFPs as the health of their back office<br />
functions is one half of any social impact story.<br />
—<br />
What changes are<br />
in prog<strong>res</strong>s?<br />
As a software company we are always making enhancements and adding<br />
featu<strong>res</strong> to meet our customer’s needs, however we are thrilled to be<br />
undertaking a major piece of work that will integrate Microsoft Office365 into<br />
GoodSystems. This is great news for NFPs as both the O365 and Google Apps<br />
for Work are free to registered charities and they will now both be integrated<br />
into the GoodSystems’ applications.<br />
—<br />
What are your<br />
successes so far?<br />
Our first success was that we engaged a group of NFPs to work with us<br />
between Nov 2014 and Sept 2015 to help develop this fit-for-purpose<br />
application suite. Through their commitment to monthly workshops and<br />
feedback sessions we were able to incorporate all their critical business<br />
processes into GoodSystems. <strong>The</strong> next success was having version 1 ready<br />
for market and of course the most important success so far is securing our first<br />
customer. We see 2016 as a year of hard work, fun and great reward for the<br />
team at GoodSystems, our investors and of course customers.
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