Outsourcing Overview

One of the main ways in which Charity Business can support your organisation is through the outsourcing of your finance function. It makes great business sense, as there are potentially massive savings, and operational sense as you get access to an expert team with vast experience in the charity sector.

Outsourcing is fast becoming the right thing to do for many charities. The Charity Commission are big fans and are encouraging charities and not-for-profits to share services, collaborate and generally work more efficiently so that more money can go to service delivery. NCVO also recognises the need for the sector to think about ways in which to save money which is why we are a recommended supplier of NCVO.

The benefits include the delivery of clear good quality management information packs; and staff, management and Trustees can spend more time developing and delivering charitable objectives through an increase in time and money.

Rather than bearing the cost of employing a full finance team, you can contract the running of the function out to a third party. We work in partnership with you to manage everything from processing invoices for payment through to managing your outstanding debt. This will relieve the pressure of dealing with time consuming supplier queries, cash flow management, reporting requests, ensuring invoices are raised on a timely bases and more importantly that debt is chase as you will have a team of fully trained finance staff to do it for you. 

Our financial processing services utilise a mix of a skilled and experienced financial operations team and professionally qualified accountants. The tailor-made service solutions allow organisations of all sizes to pick and choose the functions they require to meet critical strategic objectives and include:

• Purchase ledger management, including payment processing
• Sales ledger and debt management
• Treasury & cash book management
• Fully managed payroll process
• High quality management accounts and information

Interested in finding out more complete our online outsourcing enquiry form or call us today on 01793 554 204 to talk us about your requirements.