Charities benefit from Auditel’s expertise
In the current economic situation, charities are really feeling the pinch. Faced with cuts in Central Government funding and donations falling by as much as 20%, there is very little light at the end of what appears to be a very long tunnel.
Financial health is the cornerstone on which long-term sustainability is built. But for many charities financial planning is becoming more and more difficult and their ability to deliver long-term projects less and less certain. In order to survive, these charities know they must find ways of doing more with their available funds.
Auditel have been helping charities to do just that for many years. Working with their finance teams they deliver cost management solutions to achieve clearly defined strategic outcomes and free up badly needed working capital.
coHearent Vision is the working name of The Leeds Society for Deaf and Blind People which has existed since 1876. Throughout its long history, the single objective has been to respond to the expressed needs and aspirations of deaf, hard of hearing, deafblind, blind and partially sighted people. This has been achieved by the active participation of sensory-impaired people, both as members of committees at every level and as members of staff.
There are few, if any, other voluntary societies which provide services for both sensory impairments. The reputation of coHearentVision is virtually without equal in this regard, and the benefit of their advice, opinion and experience is sought by people throughout the UK.Read on →
Charity Saving Tips
Charities and third sector are heavy users of stationery and big savings can be quickly identified.
Currency exchange is a big issue for the sector. With the increase in money laundering organisations need help with the transfer of funds. There are more effective ways to transfer money.
Office Equipment and IT
The sector often suffers from outdated office equipment and IT. Investment in new equipment can provide a good return through increased efficiencies and productivity.
Multi-site Retail Outlets
Multi-site Charity Retail Outlets can benefit from consolidated accounts rather than individual accounts. Electricity is a good example.