Financial resource management is one of the most important aspects required to keep nonprofit organizations growing and thriving. Your nonprofit organization can only succeed if it is led from a position of fiscal responsibility and sound accounting practices. Don?t have the budget for a full-fledged accounting staff for your nonprofit? Outsourcing is the answer.
Here?s why?.
1. Customized service plans that meet your nonprofit organization?s accounting needs ? don?t pay for what you don?t need.
2. Significant cost savings ? outsourcing provides top notch services for only a fraction of the price of an on-site staff
3. Access to a team of knowledgeable, experienced, nonprofit accountants
4. Allows your organization to focus on its mission instead of the finances
5. Accuracy in reporting that will allow for better decision making
6. Stringent internal controls and adherence to mandated guidelines
7. Financial and strategy consulting for your nonprofit ? it?s like have a Director of Finance, but without the big salary!
8. Audit preparation
9. Access to resources and technical information when new laws are passed
10. Peace of mind that your organization?s finances are being handled efficiently and accurately
Source: http://fosterresults.com/top-reasons-outsource/
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