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Medium Charities

Solutions suitable for charities with income of less than £1m per year.

If you are a medium-sized charity, you may fine that increased requirements for reporting are difficult to manage while ensuring service delivery.

Higher income does not mean that you need to double the size of your finance office. By using standard procedures, as you grow in size you will benefit from efficiencies of scale, bringing more financial benefits and higher cost savings. This means that not only is your data processed more quickly, but you can get up-to-date information for management and funders.

So how do you tell if your finance function is efficient and effective?

A. Does it cost more than 1.2% to 1.6% that of turnover

A. Does it take longer than 10 days after the last day of the previous month to receive your management accounts

A. Do you have a forecast for the year end at the end of each quarter

A. Do you have a cash forecast for the next 12 weeks

A. There seems to be a great deal of activity but when you ask a question it takes for every to get an answer

If you answered "yes" to any of the above answers then you may benefit from looking at outsourcing. To find out more please contact us on 01793 554204 or please complete our service questionnaire.

What our clients have said

"Our decision to outsource our finance to Charity Business has proved efficient and cost effective. They have been flexible in responding to our needs and their friendly and expert advice has been greatly valued."

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