Finance Count

CFG Finance Count is supported by Crowe Clark Whitehill.

Compare financial management information with your peers and explore ways to increase efficiency and improve your performance.       

CFG Finance Count is a unique financial management benchmarking tool tailored specifically to the needs of UK charities.

Finance Count 2017/18 is now open for registrations.  

To register, complete the CFG Finance Count 2017/18 registration form (Word)

Please download and save the Word registration form before completing. Once completed, return it to financecount@cfg.org.uk.

Click for a list of the organisations that took part in 2016 and are included in the results.    

About CFG Finance Count

In an environment where effectiveness, accountability and transparency are vitally important, the need for credible data on key finance functions such as transaction processing, treasury management, and central functions costs hold greater value than ever before.

Finance Count takes the form of a shorter questionnaire, focusing on key financial management metrics, and aims to enable organisations to pinpoint key improvement opportunities and areas of concern.

Participation enables you to compare your organisation’s performance with 7-20 of your chosen peers and with the sector as a whole enabling you to gain a clear picture of your strengths and the areas where your organisation could improve its performance. CFG Finance Count also offers a programme of support to help you to identify and implement changes you can make to improve your results.

Key topics include:

  • Transaction processing: purchasing, purchase ledger, expenses, payroll and income processing, Gift Aid, VAT recovery
  • Internal and external reporting: audit, funder reporting
  • Control and decision support: planning, budgeting cash and treasury management, financial governance and public service delivery
  • Finance function: staffing levels, qualifications, training, internal audit, effectiveness, leadership and planned changes
  • Central function costs: finance, HR, IS/IT, estate management

No information is attributed to individual organisation in the published report, with the exception of agreed case studies, and peer results are anonymised so you can be confident that your results will not be shared unless you choose to share them.

Benefits for participants

Finance Count supports charities to:

  • identify key improvement opportunities
  • give reassurance for what is working well
  • pinpoint where efficiencies can be made
  • determine priorities for action
  • set meaningful and realistic targets
  • gain insight into good practice and how to achieve it

It also:

  • provides robust evidence to support change
  • enhances the ability to report back to senior management
  • provides evidence to donors and trustees that resources are being used appropriately
  • improves accountability through robust evidence

Take a look at this short clip of Andrew Whitehead, Director of Finance at Marie Curie Cancer Care, talking about the value of Finance Count in improving the performance in his organisation and how the benchmarking tool works.

What’s involved?

CFG is working with Agenda Consulting and most of the benchmarking process takes place online using the Agenda Consulting benchmarking database software platform. It enables charities registered on the system to: enter their data, review it, sign it off, choose their peers, generate and regenerate their scorecard reports against their peers, access more detailed results reports, access online drill down reports to explore their results in more detail, review good practice examples from other organisations, and access contact details of participating organisations.

Participating charities receive:

1. Organisation Scorecard

  • Tailored to the specific organisation 
  • Highlights of performance on key measures
  • Compares results with 7-20 peers chosen by the charity from the list of participants
  • Good practice from other participants

2. Drill Down reports to explore results in more detail

3. Sector-Wide and Detailed Statistics Reports

    1. Executive Summary
    2. Easy to read detailed statistics tables analysed by organisation size and type

    4. Online access to the benchmarking database for 18 months

    5. Telephone support for collating the data, using the tool and helping with the results

    6. Invitations to training workshops, to learn how to use the data, and potential to participate in Action Learning Sets to explore with peers ways to improve processes, ways of working and performance.

    For more information contact us at financecount@cfg.org.uk or call 0845 345 3192

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