Why Outsource Your Accounting & Back Office? Because You’re a Changemaker, Not a Change Counter!
When it comes to client satisfaction, there’s a phrase we love to hear: “I wish I would have asked for help sooner.” This is our unofficial happiness benchmark and it typically comes during the new client onboarding process. (Often with a huge sigh of relief!)
We know that social impact leaders are changemakers first and foremost, with their organization’s mission front and center in all they do. But it can be a struggle to balance your management focus between your mission and your institution. Institutional maintenance (bookkeeping, payroll, budgeting, financial reporting) is critical to sustainability, as we all know. But if these tasks cause #overwhelm, your organization might be a good fit for outsourcing some of them. An outsourced back office doesn’t work for everyone. (Seriously – we tell prospective clients that truth all the time.)
How do you know if your organization’s mission and institution can benefit from outsourced services? Consider if any of the following appeals to you:
More Time to Focus on Your Mission: Spend less time on admin tasks and more time on your program and leadership duties. Sounds like an obvious win, but it’s easy to forget that a lighter administrative load will free you up to do the real changemaking you were hired to do.
Leverage the Best Tech: Use cloud-based tools and innovative, best of breed platforms to solve internal back office problems. Take an agile approach to tech to ensure you get exactly the right combination of tools to fit your needs. Update your systems regularly to take advantage of tech improvements.
Low (or No) Admin Turnover: “What will I do if she quits???” Enter the dread that comes with high employee turnover so common in the nonprofit space. But an outsourced service provider works for you on your terms. That takes turnover risk out of your staffing equation.
Easy Audits: A painless audit is not a unicorn. A well-organized back office allows for all backup documentation to be at the ready, with little to no additional effort on your part.
Report with Confidence: Financials that are in order. No more lost sleep over the annual budget process or doing payroll when you’re dead tired from a late evening event. Accuracy and oversight that are built in to your back-office processes.
Outsourcing may not work for you. But Blue Fox is different. We are an accounting firm specifically for nonprofits and social enterprises. Our team members have broad expertise in the social impact space, with backgrounds as nonprofit leaders, board members and volunteers. The entrepreneurial spirit runs deep on our team. This means we manage your back-office from the same perspective as you would. Seriously, read our Philosophy!
Now, let’s revisit that huge sigh of relief that comes from outsourcing your back-office. We would love to help you feel that way. Let’s have a chat and see how Blue Fox can help you reach your goals. Call us anytime at (321) 233-3311 or email hello@yourbluefox.com.
