September 30, 2021
Top 8 Reasons to Outsource: Hassle
When you outsource something, you are importing expertise and exporting problems! That may have already been enough to convince you, but in case you want more information, this blog series will cover the eight areas that Miller Management provides when you outsource your accounting and/or payroll with our experts.
Top 8 Categories:
Hassle
When referring to hassle, we mean your time, talents, and brainpower being used in an area that isn’t beneficial towards the ministry. For instance, that could mean a Pastor counting the offering, a volunteer running around trying to collect receipts for the church’s credit card statement, or the Executive Director staying late to sign paychecks each Friday.
If you want to start at the beginning of this series, you can start with Accountability.
As we alluded to in our last post on Access, keeping your finances in-house may seem like the most accessible option. But with your partnership with Miller Management, we are really just an extension of YOUR team.
Areas of Strain
Is your ministry currently doing any of the following items?
Accounts Payable & Deposits:
- Enter invoices and payments into some sort of accounting system?
- Creating accounts payable checks and reports?
- Entering weekly contributions from donors and producing end of year statements?
Payroll:
- Entering payroll changes and timecard information?
- Processes payroll, including direct deposit & reports?
- Computing payroll taxes and paying federal and state payroll taxes in a timely manner?
- What about the quarterly 941s and annual W-2s, 1099s, W-3s?
Financial Statements:
- Keeping a record of the General Ledger, journal entries, and monthly bank reconciliations?
- Are you producing accurate and timely financial statements each month?
There is also the hassle of finding vacation coverage when your financial team takes a much needed vacation. Or the administrative time spent on turnover and onboarding new staff. Not to mention the IRS rules and tax laws; ministerial payroll nuances, accountability factors, and did we mention the TIME commitment?
All the above are included in our fees, or are not an issue when outsourcing. Which all combine to free up your staff for MINISTRY!
Glenn A. Miller, Miller Management CEO
As you can see, our talented staff at Miller Management take on a lot of the necessary administrative strain of your organization. We take the hassle out of running your ministry.
Because we’re guessing most people didn’t come to your ministry because they liked the idea of all that paperwork. We’re betting that most of the time, your fabulous employees are there because they believe in your mission! And so do we. Miller Management provides Expertise that brings Clarity to finances enabling leadership to have Confidence in decision making.
The Hassle and Costs
Our next post in this Outsourcing series will be on Costs. We gave you a sneak peek today, but there will be even more to come.
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