Nonprofits struggle to access the latest technology due to a lack of money, according to a new research report from ERP provider Sparkrock. The report, based on a survey of 50 nonprofit and social benefit organizations, shows 75% blame lack of funds for their inability to implement new, up-to-date technology. Other common challenges include lack of staff time (55%) and lack of expertise (48%). The lack of modern technology means many organizations are not operating as efficiently as possible, with three-quarters of respondents using manual processes for some finance and HR tasks. Organizations that report having a modern enterprise resource planning (ERP) solution for finance and HR indicated better efficiency across a number of factors. Just five percent of respondents from organizations without an ERP said they had the reporting they needed to do their jobs effectively, while half of organizations with an ERP have access to real time or weekly budget data. From reporting and budget management, to security, organizations with an ERP are operating more efficiently, have access to accurate, real-time data, and are more confident in their efficiency.