The challenges faced by charities exceed those of the private sector because finances need to be managed to satisfy all stakeholders rather than simply to make a profit. The key issues that we are frequently sked to address are:
- Identifying sources of funds and ensuring that they are used in the way that the donor has specified;
- Costing activities and matching them to sources of funds so that donors understand where the money goes and enough is raised;
- Re-organising finance departments so that they provide the necessary information efficiently and economically. We have done this for Lincolns Inn the NHS and the Poppy factory, amongst others.
- Improving reporting processes so that they are as cheap as the can be without any loss of information
At the end of our work we ensure that there is an organisation whose finances are properly understood by its employees and other stakeholders. [case study trade union] which enables it to resume its core purpose of making a real difference to the lives of those who greatly need it.
“Thank you, thank you, thank you. Your support was invaluable. FD Solutions offers continual support and guidance.”
Frances Parker, Manager of the Handy Vans Service, The Royal British Legion