03/21/2025

Outsourcing Your Not-for-profit’s Accounting Functions

Consider these reasons why you should

Many not-for-profits operate with lean financial teams, where one person juggles everything from bookkeeping to compliance reporting. If your organization is struggling to keep up, outsourcing some or all of your accounting functions could be the key to freeing up time for mission-focused work. But before making the switch, it’s important to weigh the benefits and considerations.

Is Outsourcing Right for Your Organization?

Outsourcing can be a strategic move for not-for-profits looking to gain specialized financial expertise without adding a full-time employee. If your team is struggling to manage complex accounting tasks, grant reporting or compliance requirements, outsourcing may be a valuable solution.

It can also be beneficial when financial tasks are diverting focus from fundraising and program management, or when frequent staff turnover leads to inconsistencies in financial reporting. Additionally, organizations preparing for an audit or seeking stronger internal controls may find that outsourcing provides the stability and oversight needed to ensure accuracy and compliance.

Please select this link to read the complete article from OSAP Mission Partner Clark Schaefer Hackett (CSH).