This UK faith-based charity – including bible college, churches, annual family camp (circa 5000 campers), media department, conferences and bookshop – was running fifteen separate sets of accounts on personal accounting software for its departments.

The Journey

• Identified project goals with the senior leadership team.
• Recruited and established a new finance team.
• Implemented new accounting software.
• Consolidated the separate ledgers into one reporting structure.
• Created management reporting for the organisation, departments and funds.
• Developed new financial operating procedures.
• Implemented an asset register and a donor management database.
• Automated manual processes to release resources.
• Arranged for the Trust deed to be updated including the incorporation of Trustees.
• Worked with the Chief Executive to produce a financial restructuring plan.

The Outcome

• New finance team
• New accounting system
• New finance procedures and documents
• New donation management system
• New asset register
• New management reporting
• Improved financial visibility and planning