FRESH Global (FG) has created this Virtual Finance Controller (VFC) service to assist local non-governmental organizations (LNGOs) in improving their financial management system and increasing their chances of donor funding.
How does the VFC work?
FG offers LNGOs a free on-line (cloud-based) accounting system that is accessible 24/7 anywhere, anytime. You can see your cash flow in real time over the internet, with up-to-date reporting, including quick access links for all the original transactions. You can also manage your spending and make bill payments in bulk to creditors, create and send invoices automatically, receive funds online, and routinely import and code your bank transactions.
As your VFC or financial adviser, we help with the following:
- Set up chart of accounts, or enter conversion balances.
- Bank reconciliation
- Closing monthly or annual accounts
Moreover, we discuss a full range of financial management topics with you, including:
- Accounting
- Internal controls
- Auditing
- Evaluating nonprofit financial condition
- Budgeting
- Cash management
- E-banking
- E-procurement
- Contracting and risk management
We create, customize, and publish management reports. Our seasoned team represents former and retired Controllers, Chief Finance Officers, and Finance Directors with many years of experience working with donors and foundations.
What is the cost of VFC services?
FG charges a monthly subscription price for continued service. There is no contract, so you can terminate the service anytime. We offer unlimited, around-the-clock email support, and have made available an online detailed help center.
Other services include virtual accountants who can assist with entry data and strengthen your internal control systems.
We encourage LNGOs to try the VFC FREE for 30 days and see for themselves how FRESH Global can set their organizations on the path to success.
For more information or to sign up for FREE trial, please contact us.
