Open Collective is a platform designed to help communities and groups manage their finances transparently. It enables organizations to raise and manage funds collectively, providing tools for budgeting, expense tracking, and financial reporting. Open Collective is often used by open-source projects, meet-ups, social movements, and other types of collaborative endeavors. The platform emphasizes transparency by making financial contributions and expenditures visible to all members and the public. This approach aims to foster trust and accountability within communities.