FINANCE NEWS: Outsourcing rise boosts launch of Charity Business

A new outsourcing and consultancy service for voluntary groups launched over Easter.

Charity Business, founded by chief executive Mark Freeman, former finance director at the PPP Foundation, provides shared services such as accounting, internal audit and purchasing.

It also offers consultancy on issues such as strategic reviews, investment management and financial planning. The organisation has nine staff and a network of consultants.

The idea for the business emerged from research projects that Freeman undertook with Marie Curie Cancer Care and Arthur Andersen on outsourcing.

"The reluctance to outsource is definitely diminishing,

said Freeman.

"Increasingly, charities are recognising that to survive they've got to focus on their core services, and one of the most effective ways to do that is to outsource essential but time-consuming processes."

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