Outsourced  NFP financial
management

Decoration

Comprehensive support, layer by layer.

Our pyramid of value
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At Purpose, we think of our services as a pyramid of value. Each layer supports and strengthens the next.

This approach ensures that operational strength supports your strategic vision.

Your outsourced CFO

As your outsourced CFO, we give your organisation the financial leadership and guidance it needs to thrive, without the overhead of a full-time role.

We help you make sense of the numbers, plan your strategy for the future, and stay on top of compliance, so your team can focus on creating impact.

With clear budgets, forecasts, and cashflow insights, we’ll help you feel confident about every financial decision.

CFO & strategic advisory

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Our outsourced CFO services include two key functions:

1. Ensuring ongoing service delivery, and providing day to day leadership for your Finance Function

2. Strategic financial advisory – things like:

  • Developing financial strategy & monitoring financial performance

  • Advice on accounting standards & regulatory changes, including their impact on your NFP

  • Contributing to finance systems decisions

Budgeting & forecasting

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Working closely with our clients' Executive and Finance Teams, Purpose leads on:

  • The annual budget & reforecast processes

  • Cashflow forecasting
  • Term deposit strategy

Accounting & compliance services

We provide accounting services designed for non-profits: delivering accurate, compliant, and easy-to-understand financial insights.

From clear management reporting to smooth month and year-end processes, our team ensures you have the right information, at the right time.

We support audits, funding acquittals, and regulatory compliance, so you can focus on your mission.

Financial reporting

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NFP Boards and management teams need meaningful financial insights to make good decisions.

Our reports have been developed over many years specialising in not for profit accounting. 

They feature accessible language and visual dashboards, so they're easily understood, even by those with non-financial backgrounds.

Reporting cycles can be customised to align with your Board schedules and management information needs.

Month-end & year-end accounting

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Purpose conducts a thorough month-end process to ensure accuracy of your accounts, in line with Australian Accounting Standards.

We apply accrual accounting principles, so your management information is robust and reliable.

With decades of not-for-profit accounting experience, we also help you meet your compliance obligations at year-end.

We leave no stone unturned, so you can be confident of an accurate presentation of your accounts to the auditor.

Audit, funding acquittals & NFP compliance

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Our non-profit expertise means we live and breathe compliance - we know exactly what has to be done.

Purpose can:  

  • Support the management of the audit, liaise with your auditor on complex issues and prepare your statutory accounts
  • Draft your acquittals and support budget submissions to funding bodies
  • Advise on financial aspects of your annual statutory returns (e.g. ACNC, ORIC or REO submissions)
  • Review or lodge Activity Statements under our BAS Agency; superannuation; and Single Touch Payroll (STP)
  • Help you ensure ongoing compliance through annual payroll setup checks

Payroll & bookkeeping

Payroll and bookkeeping in the non-profit sector demand unique expertise, to ensure compliance and accuracy.

Now more than ever, the risk of non-compliance carries heavy consequences for NFPs.

Our senior practitioners provide an extra layer of compliance review for our clients' payroll.

We also use industry leading tech, ensuring improved data integrity and transparency for your organisation. Systems that maximise efficiencies and reduce errors.

Accurate & compliant payroll

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Let Purpose take the stress out of payroll, so you can focus on your mission.

Our non-profit payroll specialists will:

  • Manage your payroll process, to ensure accuracy and compliance
  • Process leave, termination pays, salary sacrifice and superannuation payments
  • Update your systems to align with regulatory changes
  • Prepare and lodge Single Touch Payroll (STP)

Streamlined bookkeeping

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Bookkeeping in the non-profit sector can be daunting.

Our bookkeepers are skilled NFP specialists, with a sharp eye for detail. We manage:

  • Your accounts payable, accounts receivable, and bank reconciliation processes
  • Supplier payments and credit card receipts (through our preferred expense management system)

Begin your journey with us

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