Financial Transformation for an International Charity

Financial Transformation for an International Charity Leading on Global Conferences

Financial Impact Accelerator Stage: Stage 1.

A global organisation dedicated to advancing scientific knowledge on respiratory viruses, organises large-scale international conferences. Managing the financial and logistical risks of these events requires careful planning and sound financial oversight.

Challenges faced:

Inconsistent bookkeeping and financial record keeping risking statutory compliance status.

No management accounts or cash flow forecasts. Low financial visibility limited the trustee’s ability to make decisions.

Key financial risks related to treasury management and international conference planning.

How we helped

By implementing Stage 1 financial operations solutions and accelerating to a clear Stage 2.

Strengthened bookkeeping processes and established 24/7/365 audit preparedness with full compliance

Built management accounts and delivered detailed financial reports quarterly.

Introduced comprehensive event budgeting and forecasting processes.

Impactful Outcomes

Fully compliant

The charity no longer has to worry about non-compliance with all obligations met.

Happy trustees

With sound bookkeeping and timely financial record keeping, financial insights are available in on-demand.

Successful events

Comprehensive event budgeting and forecasting mitigated key financial risks fortifying the financial outcome of events.

So, what are their next steps?

Since levelling up from a Stage 1 organisation, we are now working on implementing all the exciting Stage 2 solutions that will strengthen their financial operations further.

Full control over expenditure and operational efficiency enabling maximum impact.

Proactive cash flow management to anticipate and plan for future financial needs.

Tracking performance against newly established KPIs and industry benchmarks.

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