LANO Offers Affordable Finance and Accounting Services Through Partnership with Execute Now!
Friday, July 15, 2011
Posted by: Matt Mullenix
The Louisiana Association of Nonprofit Organizations (LANO) has partnered with Execute Now!, a Louisiana company providing affordable finance, accounting, and fundraiser event planning services to nonprofit organizations.
LANO surveys indicate that 75% of member nonprofits regard finance and accounting as a major challenge for their organization, and almost all (97%) cite effective fundraising as a critical need. LANO’s 2010 Nonprofit Wages and Benefits Report reveals that roughly 20% of state nonprofits outsourced their finance and accounting functions last year in response to ongoing tough economic conditions.
In today’s business environment, a top-flight financial team in Louisiana costs approximately $215,000 before benefits, an amount few nonprofits can afford. By contracting for these essential services with Execute Now!, LANO members can save an average 79% on finance and accounting functions compared to the estimated expense of hiring qualified staff.
LANO and Execute Now! are excited to offer this new and unique service as another valuable benefit of LANO membership.
Members who contract with Execute Now! can expect:
- Financial Leadership. Execute Now! helps Executive Directors think strategically about how to meet their organization’s financial goals.
- Stability. The turnover rate of Controller and CFO-level positions in small to mid-sized organizations is extremely high.
- A high-caliber team. The accounting department of many nonprofits consists of one over-worked person struggling just to prepare and report basic financials.
- Focus. Ability of your nonprofit to focus on its core, mission-driven business rather than on auxiliary accounting functions.
Execute Now! is a fully insured provider of financial and other essential business services. It operates in complete confidentiality and shares no client financial information with LANO or other entities without client consent.
To learn more about Execute Now! or to initiate a service inquiry, simply visit www.executenow.com to fill out a needs assessment form indicating current LANO membership. Execute Now! will contact you promptly to answer any questions.