WealthEngine Product Release Notes – September 2017
At WealthEngine, we are constantly challenging ourselves to innovate in order to make our products better for you. Over the summer, we’ve been hard at work implementing some great new product features in the WealthEngine Platform. We’re excited to bring those to you in our September 2017 release. This release includes the following new capabilities:
- A New Summary Analytics Dashboard to Gain Further Insight Into Your Screenings
- More Precise Donations Matching
- New Donation Match Confidence Rating
- Improved Suppression Capabilities for Prospecting
- Greater Control In Specifying the Number of Prospects You Wish to Download in WE Prospect
New Summary Analytics Dashboard for Your Screenings
This release introduces a new dashboard for analyzing your screenings. By simply selecting a screening folder in My Results and then clicking the new “Analyze” button, you will be presented a visualization that provides deeper insight into your screening. The dashboard includes demographic details as well as comparisons relative to national averages. The new “Giving vs. Capacity” dashboard enables you to quickly narrow in on underperforming donors and surface opportunities.
More Precise Donations Matching
With donations data, it’s not just the overall volume of donations that matters. In fact, it’s as important — if not more — how precisely the system matches those donations to individuals. This is a technically challenging task since many charitable donation records do not include sufficient donor identifiers in order to perform exact matching.
So, we set out to improve the precision of our donations matching. The better the matching, the less work you need to do in evaluating the charitable giving of prospects. With this in mind, we have introduced an entirely new set of matching algorithms for donations. The results are striking: there are far fewer donations incorrectly matched to individuals.
Because the matching is more precise, you will notice that number of donation per profile will seem smaller. This is not due to less donation data. Rather it is due to the system doing a better job of filtering out invalid donation matches.
Donations Confidence Rating
With the improvements we have made to our donations matching, we have introduced a new Match Confidence indicator. This Confidence rating is a complement to our Quality of Match (QOM), and provides a more granular ability to sort donations based on the match quality. The Confidence will enable you to quickly identify donation records that may be invalid for that respective individual.
Improved Suppression for Prospecting
This release adds the ability for suppression lists to be managed across users in multi-user customer accounts. In addition, we have added the capability to “Auto Suppress” all prospect lists that are pulled from WE. Now you know that you will not be pulling prospects that you may have already pulled in prior prospect lists that you downloaded from WE.