We have been able to save these businesses anywhere from 15% – 55% in their back office process costs.
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Rather than paying expensive full-time salaries, highly skilled jobs such as office operations, recruitment, and training can be outsourced as required. Back Office Business Review & Improvement
In our experience, working with Not-for-Profit organisations and NDIS Providers, we have been able to save businesses anywhere from 15% – 55% in their back office process costs.
So, if you are running a Not-for-Profit organisation and want to support more people in need, it is wise to conduct a Back Office Business Review & Improvement, and use back office process outsourcing until:
Preparation of accurate financial reports, cash flow analysis and overall financial management.
It is common in Not-for-Profit organisations for office staff to wear many hats. This means payroll can be delayed and can cause errors that frustratingly take even more time to rectify. Outsourcing your payroll activities can free up a lot of time and save a lot of money by having it done correctly the first time, and on time.
While not the most exciting part of your Not-for-Profit organisation, bookkeeping and taxation requires a high level of proficiency and compliance. When you outsource these activities, you can be assured you have seasoned professionals preparing everything perfectly for you.
Streamlining processes, maintaining a high level of employee engagement and satisfaction, whilst also ensuring productivity, is an arduous task. If human resource management is one of many hats you wear, it may be time to consider outsourcing, even if “just for now” until you get on top of things.
Outsourcing some or all of your back office tasks, is particularly beneficial when you are experiencing an “in between” growth stage in your business. It could be used as a temporary measure until your business has grown to a point where employing full time people becomes cost effective.
Back office business reviews and back office process outsourcing are services we provide in our proprietary CINCH Transformation Program. Back Office Business Review & Improvement program has achieved an average 12-month uplift of $494,000 across the Not-for-Profit and NDIS providers we have worked with.
Access to this report will allow you to compare your organisation to industry benchmarks, and help identify areas performing well, and those needing improvement.
We have been able to save these businesses anywhere from 15% – 55% in their back office process costs.
We look forward to talking with you soon.
Until then, all the best.