Open Collective logo

Manage money together,
without the complexity of
incorporation

Make your finances visible to your team, your community and the world. Discover how financial transparency can transform the way you think about and relate to money in your organization, group and community.

Financial Platform

An integrated toolbox for collaboratively and transparently managing your finances.

Your dashboard brings together all the tools you need to collaboratively manage your finances and stay on top of financial activities that require your attention.

Money In

Document & track all incoming money.

When money shows up in your bank account or a check is received and processed, add it to an account and it is immediately available for disbursement.

Money Out

A comprehensive suite of tools for submitting, review, correcting, approving and paying out disbursements. A small team of administrators can efficiently thousands of monthly payment requests.

A step-by-step payment request form will walk users through filing correct and complete payment requests. Include your own unique instructions on how to properly submit a payment request in order to get paid.

Hosting

Invite other groups to operate under your financial and legal umbrella as Collectives. With a small team using the platform you can efficiently support thousands of groups and projects.

Collectives are mini-organizations within your organization. Each collective can setup their own accounts, crowdfunding campaigns and projects.

Crowdfunding

Create a variety of crowdfunding campaigns: simple tip-jar with one time contributions, one-time goals, monthly recurring goals and even yearly memberships for generating continuous income via crowdfunding.

FFlexible tiers enable you to create a diversity of crowdfunding campaigns. Design tiers that are appropriate for you and your audience. Collect tips, one time contributions and recurring contributions.

Accounting & Accountability

Review & verify financial activities and provide your accountants with reliable information for your accounting processes.

At the heart of the platform is a transaction ledger. All financial activities on the platform generate ledger transactions.

Everything you need to know & do in one place
Organize your money
Check your balance
Move money between accounts
Give people control
Tell the world your financial story
Add money to your accounts
Accept contributions
Track promised funds
Accept requests from people asking to get paid
Invite people to get paid
Approve Payment Requests
Pay approved payment requests
Spend within your balance
Pay Instantly
Automated security checks protect against fraud
Quickly resolve issues
Easily work your way through all payment requests
Host other groups
Accept applications from groups looking for a host
Collectives autonomously manage their finances
Collectives decide which expenses to pay
Efficiently process payment requests
Charge hosting fees
Different ways to contribute
Set & commit to funding goals
All financial activities are recorded
Trace and verify all financial activities
Legible financial summaries
Export ledger data for your accountants
Categorize financial activities for accounting
Connect your bank accounts
Collect tax forms
Document financial agreements