Challenge Accepted: When Outsourcing Makes Sense

Description

Description

For smaller organizations, internal and external challenges, such as succession planning, unplanned transactions, or the desire to stay focused on the mission can jeopardize the entity’s ability to meet ongoing financial reporting needs. During this session, learn how and when entities can make the most of outsourcing to supplement their current financial departments, or to tackle specific financial challenges.

Learning Objectives

1. Highlight when organizations should consider a partial or full outsource of financial services. Identify these triggers.
2. Highlight internal and external financial challenges that often occur in smaller organizations.
3. Identify ways boards can utilize outsourcing to help with financial challenges such as succession planning, unplanned transactions, or special projects.
4. Recognize ways organizations can utilize outsourcing to supplement and support their organization’s finance functions.

Nonprofits First, Inc is recognized by SHRM to offer Professional Development Credits (PDCs) for SHRM-CP® or SHRM-SCP® recertification activities.

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