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CFO and General Accounting: Transforming Nonprofit Finances
Don’t settle for ordinary accounting. At OTUS Financial Solutions, we specialize in nonprofit financial management, taking the stress out of daily operations. We become your financial partner, guiding your organization towards growth and stability.
With our expertise, managing your nonprofit’s finances is easier than ever. You stay focused on your mission, while we ensure your accounting is handled seamlessly.
BLOG & ARTICLES
Real-Life Fraud Cases Every Nonprofit Leader Should Learn From
Recently, I attended Welch LLP’s annual Accounting & Tax Update for Nonprofit Organizations. The event covered a wide range of…
How is Your Nonprofit Financial Management Compared to Others?
Effectively managing nonprofit finances requires a deep understanding of your financial systems. Here are key questions to assess whether your…
The Hidden Costs of Group Retirement Savings Plans: Why It’s Time to Challenge the Status Quo
When evaluating employee benefits, employers often focus on health and dental coverage and Group Retirement Savings Plans (GRSPs). While the…
How to Make Your Voice Heard: Nonprofit Advocacy Strategies
In private businesses, effective marketing is essential for success—it’s how companies capture attention, build relationships, and ultimately drive action.…
Top 10 Little-Known Ways to Trim Down Your Administrative Costs This Summer for Nonprofit Organizations and Associations
Summer is a great time for nonprofit organizations, associations, and not-for-profits to review and cut down on administrative costs. At…
The Ultimate Guide to Tracking Fundraising Impact
In today’s economic environment, with government grants shrinking and corporate sponsorships becoming smaller, fundraising activities are more important than ever…
From Challenges to Opportunities: The State of Nonprofit Management in 2024
In a rapidly changing world, nonprofit management and leadership are becoming increasingly complex. However, these challenges also present new…
8 Key Uses of Budgets & Forecasts to Master Nonprofit Management
As CFOs for nonprofits, we often rely on both budgets and forecasts to guide the financial health and strategic direction…
4 Essential Strategies to Unlock New Nonprofit Revenue
In the ever-evolving world of nonprofit management, finding innovative ways to boost revenue is crucial for sustainability and growth. Whether…
Evolving Financial Practices: How Associations Can Upgrade Their Payment Methods
As many of you know, OTUS Financial Solutions specializes in comprehensive financial solutions tailored for non-profits and associations. Each year,…
Case Study: Strengthening Membership Through Community Engagement
Back in 2014, my husband, friends, clients, and I embarked on a heartwarming journey with the Hamilton Basket Brigade. What…
Maximizing Sponsorship ROI: Crafting Win-Win Partnerships for Associations
Introduction: Exploring sponsorship as a crucial non-dues revenue for associations, this blog post delves into the necessity of providing more…
Are You Facing These Financial Challenges?
✔ Missing Budgets or Forecasts?
✔ Unclear Grant Spending?
✔ Troublesome Month/Quarter Ends?
✔ Inefficient/Outdated Accounting Tools?
✔ Low Cash Reserves?
✔ Risks Going Unnoticed?
Dive into the real world of non-profit leadership. Hear inspiring stories and experiences of leaders, with a focus on examining their operations. Get a candid look at the challenges they face in managing successful non-profits. This podcast is all about the unfiltered journey of leading a non-profit and making a difference.
“They converted CHHA to a paperless online accounting system, and provide meaningful financial information to our management team.”
“We have been very pleased with OTUS Group’s assistance and expertise.”
“OTUS Group provided valuable insights into the core functions of our business.”
“We were pleased with the report and would engage OTUS Group again should the opportunity arise.”
“There were so many things we needed to learn and the guidance we received was invaluable.”
“Working with the OTUS Group team has allowed me to spend less time thinking about our finances, and more time focused on activities that drive value for our members.”
“OTUS Group’s commitment to the project helped us achieve success.”
“OTUS Group responded quickly and effectively to all our needs providing practical solutions for our operations.”
“Working with OTUS Group has been above my expectations.”
“OTUS Group is always conscious of our costs and always able to provide expanded services as required.”
“The OTUS team has provided us with sound financial advice, and invaluable professional assistance.”
“Their strategic thinking, expertise, and enthusiasm for campaigning make them an absolute pleasure to work with and learn from.”
“OTUS Group plays an instrumental role in keeping our company on track to achieve its ambitious growth targets and specific milestones.”
“I am extremely grateful for all they have done and applaud the “what is best for the customer” approach they always demonstrate.”
“I would not hesitate to recommend the OTUS team to organizations needing professional business advisory services.”
“I would highly recommend OTUS Group to any organization seeking financial, accounting or strategic planning support.”
“OTUS Group provides dependable, objective management consulting, with a solid understanding of current trends and best practices.”
“I would recommend OTUS Group to anyone seeking an outside perspective on their current business practices.”
“OTUS Group helped Ottawa Food Bank ensure that our financial management systems were in good order and serving our needs.”
“Overall, the expertise that OTUS Group provided was instrumental in updating and streamlining our credit card procedures.”
“I am forever grateful for the top-notch service that OTUS Group offered CAOT.”
“OTUS Group provided insights into all areas of our business. We now understand where we need to focus our attention.”
“OTUS has enabled our team to focus on realizing our vision rather than worrying about our day-to-day financial management.”
“OTUS Group oversaw the full implementation of a plan that I believe saved our organization.”
“We have no hesitation recommending OTUS Group to other organizations similar to ours.”
“You’ve made us better!”
“OTUS Group came on board with a passion to help us advance our operations, increase efficiency, and ultimately save money and time.”
“OTUS Group’s insights, recommendations and support have helped us to modernize our operations, reduce costs and reduce risk.”
“OTUS Group helped us identify approximately $27,000 per year in savings in credit card merchant fees.”
“The wealth of expertise and experience marshalled by OTUS Group is significant and particularly beneficial to the not-for-profit and charitable sectors.”
“OTUS Group’s assessment offered an immense amount of value and advice on how to strengthen our organization.”
“OTUS Group’s business advisory services were insightful and delivered excellent value, and their recommendations have helped us out significantly.”
“OTUS Group provides trustworthy, expert advice. Contact them – we did.”
“This work was completed on time, on budget, and over a very short period, allowing CRKN to begin its new fiscal year in a very strong position.”
“OTUS Group provides the advice and services they promise and as an extra, they are committed to the organization, acting as a valued partner and sounding board.”
“I am grateful for the insights, advice and proactive approaches to address key issues during a time of transition.”
Frequently Asked Questions
We specialize in online accounting services for nonprofits, including bookkeeping, financial reporting, Virtual CFO services, payroll administration, and audit preparation. Our goal is to streamline your financial operations and support your organization’s growth.
We understand the unique financial challenges that nonprofits face. Our services are designed to address specific needs such as grant tracking and allocation, member dues, donor reporting, compliance with nonprofit regulations, and strategic financial planning to ensure sustainability and growth.
To get started, simply contact us to schedule a consultation. We will discuss your nonprofit’s specific needs, tailor a service package that fits those needs, and guide you through the onboarding process.s.
Yes, we can. We streamline the annual audit process by preparing all necessary documentation, coordinating with auditors, and ensuring that your financial records are accurate and compliant with relevant regulations.