Consulting
Working exclusively with so many clients in the not for profit sector across Australia gives us unique insight into the challenges and opportunities your organisation may be facing. Our highly qualified and experienced team are so versatile, we can help you with almost anything!
Whether its disruptive changes in your sector, needing to create efficiencies, looking for collaborative partners or needing some blue sky thinking, a fresh set of eyes could be exactly what the situation calls for.
Finance Systems
Payroll Projects
Governance
Structure
Operations
Wind Ups
Finance Systems
We will work alongside your finance team if/when you run into any unforeseen circumstances. Having a reliable team at your disposal will help to accelerate your business’s profitability and growth and it will also mean that you will have peace of mind while you run your business.
Talk to usPayroll Projects
We will undertake projects outside the scope of your day-to-day management and beyond the capacity of your internal resources.
Talk to usGovernance
Success begins at the top and we can ensure your Board is well supported by adding our expertise in:
- Governance Training
- Blue Sky Thinking
- Strategic Planning
- Risk Management
- Business Planning
- Setting of Key Performance Indicators
Structure
Don’t let your set up let you down. Constitutions can become outdated, your eligibility for tax concessions can change and growth can mean operating in different jurisdictions.
- Structure Reviews & Advice
- Constitution Reviews
- Charity Registrations
- Tax Concessions (ITEC, DGR, PBI, HPC, FBT)
Operations
There is a constant pressure on not for profit organisations to operate on limited resources. We can assist with organisational readiness for disruptive change, process improvement and improving compliance.
- NDIS readiness
- Organisational Restructuring
- Business Process Improvement
- Compliance Reviews
- Internal Audit
Wind ups
An organisation may need to wind up for various reasons, the cause is no longer relevant, a loss of funding or in some cases mismanagement. We have extensive experience guiding boards through the complexities of winding up their organisations.
Talk to usConsulting Case Studies
Case Study 1:
Finance System
An English language college offering tuition services to international students, turnover approx. $4M engaged NFPAS to replace accounting software and find efficiencies in finance system.
The organisation wanted to replace the accounting software as the then current software, while powerful, was overly complex and not effective for their needs. This was compounded by a lack of (but very expensive) ‘on the ground’ service by the vendor and the sudden exit of the Finance Administrator.
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- Worked with Management and Board to develop scope
- Confirmed system requirements and end-user needs
- Reviewed existing processes and software systems, meeting with the vendor, and found that they were needlessly complicated
- Assessed alternative accounting software solutions
- Recommended new accounting software
The client accepted the recommendation and approved NFPAS to implement. We continue to provide ongoing accounting services to the client.
Case Study 2:
Financial Plan – Long-term Financial Position Forecast
South Australian meal service provider engaged NFPAS to provide a three-year Financial Plan to ensure it maintained in a strong financial position post a planned large building project.
The organisation had consolidated a large amount of Investment funds earmarked for a large-scale capital build. Would they still be as financially secure post the large building project, without investment income returns and still have adequate cash to fund future capital works.
- Gathered information on capital spend and current position.
- Set assumptions of expected future movements.
- Forecasted cash flow movement over the project and beyond.
- Prepared a vision of their longer-term Financial position.
A long-term Financial Position and cash flow forecast provided the assurance required by the Board to continue with their large-scale building project as planned.
These were examined in detail and filtered for importance and impact, and then consolidated into an operational review report which was presented to and discussed with the senior management team. It highlighted various ideas from the ‘blue sky thinking’ sessions, contained some key improvement suggestions to the current operating model and also listed some alternate ways that the organisation could have a major impact in the community, in the areas of need it serves. The report and ideas were well-received and the organisation was left with a list of possible options to implement and concepts to further discuss and explore.
Case Study 3:
Payroll Remediation Project
South Australian disability provider engaged NFPAS to prepare back payment calculations for their present and past employees.
An underpayment issue was identified that required remediation.
- Gathered an understanding of the award interpretation rules that required remediation.
- Reviewed prior payroll payments for underpayments.
- Prepared back payment calculations for each individual employee.
The organisation was able to move forward with correct payment to employees and remediate any prior underpayments.
Big or small, NFPAS has expert financial services to suit the needs of your not for profit
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