11:00 - 11:05
Why we feel finance function outsourcing is an important topic for charities given market challenges & opportunities in the current environment
11:05 - 11:15
What does outsourcing your finance function mean?
We will delve into what we mean by finance outsourcing and third-party support, alongside what is involved in the process.
11:15 - 11:25
Case study: How has it worked in practice?
The case study will cover the challenges faced by charities in maintaining the accounting records and internal reporting requirements, highlighting impactful solutions provided by SKS which:
- Leads to better presentation and understanding of the income and expenditure
- Allows for improved monitoring of restricted funds and projects
- Ensures efficient financial management with timely availability of budgets and forecasts
- Provides sophisticated document management to help reduce time and costs of annual accounts and audit
11:25 - 11:40
What are the benefits of outsourcing your finance function?
We will look at the benefits and details involved in the process, such as: cost, challenges, trustee involvement, ethical aspects and more.
11:40 - 12:00