Charities do amazing work in delivering services, invariably on a shoestring budget, but can struggle with maintaining financial stability.
Many not-for-profit organisations do not find it easy to get the volunteers to help run the organisation effectively.
Charities and not-for-profit organisations have a huge responsibility to manage finances effectively, with a keen eye on cash flow, expenditure and investments. Robust financial planning to ensure a secure future is essential, but can be tough to administer with constant changes in funding red tape and reporting responsibilities.
Everything you do has to be closely monitored and relayed to Trustees in a clear and concise way.
We are also fully versed in the challenges faced by credit unions. The rules and regulations that come with financial institution status are far more rigorous than any other not-for-profit organisation and the importance of governance and compliance cannot be overlooked.
We can help you structure your financial systems to best suit your organisation, make commercial decisions that are financially beneficial, and establish procedures that will ensure your finances are always clearly defined and easily manageable.
