We’ve compiled a list of questions we are often asked. If your question isn’t answered here, please contact us
Why should we choose a specialist not for profit firm?
As we only work with not for profit organisations, our team has a detailed understanding of the sector, it’s regulatory and compliance frameworks. It’s all that we do. We aren’t trying to be everything to everyone, and unlike generalist firms, we don’t need to use your organisation to build our understanding of not for profit requirements, saving you time and money.
Why should we outsource our finance work?
There are a number of reasons that organisations choose to outsource their finance function, including:
Enabling additional resources to be directed towards the core purposes of the organisation
Rather than trying to employ one person to work across data entry to board reporting, we provide a team of various skill sets so each task is done effectively and to the required level
Quality assurance. Our team undertakes ongoing training and development, and we guarantee the quality of our work.
Risk management. Outsourcing removes key person dependence that arises when staff suddenly resign or take leave.
Continuity of service. Our team approach can deliver ongoing service year-round.
Pay only for what you need. In an outsourcing arrangement, there is no downtime, phone calls, training costs, and distractions.
Do you have offices in every state?
We work with clients all over Australia. Thanks to cloud accounting, and technology and communication options, our virtual service works for any organisation located anywhere in Australia provided there is internet access.
We’re just a small nfp with limited resources can you help us?
This is one of the most common questions we get! We are truly committed to the sector and love working with organisations of all sizes. A lot of large not for profit organisations were small once.
Do you offer pro bono services?
Unfortunately not. As all our clients are not for profit organisations, they could all make a strong case for pro bono work, but NFPAS wouldn’t exist! While pro bono support can seem very attractive (it’s hard to beat ‘free’, right?), our aim is to provide guaranteed quality and value for money services. In the end, in our experience, you get what you pay for.
Do you offer fixed fees or ‘pay as you go’?
The short answer is that it depends on the scope of the work. Most firms that offer fixed fees from the outset have to build a premium into the fixed fee to avoid underquoting or apply additional fees for ‘out of scope’ tasks that can make it more expensive in the long run. We adopt a partnership approach to ensure that we can offer transparent pricing and a shared commitment to deliver high quality services in the most efficient way.
Let us keep you up-to-date
Subscribe to the NFPAS email newsletter to receive not for profit industry news and special updates.