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• Are you getting timely, accurate monthly financial statements?
• Is your cash flow optimum with your revenue sources?
• Do you need to cut your accounting expenses?
• Are your audits time consuming and have too many management comments?
• Is your budget process comprehensive and fluid?
Let us suggest a practical solution – FPO Solutions. We not only handle the accounting for the non profit and cooperative sector, but turn financial data into strategic knowledge at all levels of the organization. We do this through cost-effective best practices, technology and expert staff onsite or in our shared service center. From internal operating statements to funder reporting and patronage dividend preparation, from accounts payable processing to audit preparation, FPO Solutions offers the broadest range of accounting outsourcing services in the nonprofit and cooperative sector, creating significant economies of scale that translate to lower costs and improved business processes. Our staff of accountants can utilize your technology platform or we can provide one of several industry-leading applications on our platform to manage your day-to-day accounting functions.
Using our advanced industry specific tools, we help develop enhanced financial reports that focus your strategic information management needs. We will establish accounting procedures and reports to track all grants, funds, programs, costs, patronage dividends, member activity and contributions.
Interim Staffing/Project Assistance
We also offer interim staffing and project assistance. We have a team ranging staff accountants to CFO-level employees that you can rely on when you need staff to fill in for key players on an interim basis. Interim staffing allows you to continue to work on major initiatives without disrupting ongoing operations. We also offer staffing to manage one-time projects.
Client Testimonial
We have successfully provided solutions and a range of outsourced services for such well known organizations as YWCA of Metropolitan Chicago, Jane Addams Hull House Association and Fourth Presbyterian Church.
“Throughout my career in the nonprofit arena, the finance function has always been a weak point in the organizations I’ve led. High staff turnover and a lack of understanding of the complexities of fund accounting seem to be an inherent problem within the small finance and operations departments of many nonprofits. When I came to the YWCA as its new CEO, I was very pleased to learn that our agency outsourced these functions to FPO Solutions. The efficiency, knowledge and professionalism FPO Solutions brings to their in-house role with the YWCA has placed our accounting systems and financials in top-notch shape. The seamlessness they lend to replacing staff as needed has dramatically reduced the cost of training new employees and we are always assured that the staff assigned to us are highly competent and familiar with the unique issues we face. But while the FPO Solutions team is working for us as contractors, I have been especially encouraged to see how sincerely they have embraced our mission as their own and fit into the YWCA culture.”
– Laura Thrall, CEO United Way of Metropolitan Chicago, Prior CEO YWCA Metropolitan Chicago
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