Outsourcing to Lusinco

• Expertise in every facet of nonprofit financial management.

• Adding or removing services can be accomplished at every contract agreement or via a contract addendum.

• Experts in nonprofit finance can start to make a difference immediately.

• Lusinco handles employee turnover, thus reducing/eliminating disruptions.

• Minimum to no disruptions to the business from vacation, sick, FMLA, etc.

• Your costs won't increase if your company reserves increase.

• We handle the hassles associated with employee turnover, so you don't have to!

In-House Employee

• Multiple employees needed to cover AP/AR, payroll, audit, board presentations.

• Expanding the finance team means an increase in headcount and additional overhead costs.

• Depending on the skillset, employee may need to be taught how to perform tasks.

• Employee turnover requires hiring, training and managing new employee.

• Vacations, sick time, FMLA, etc. is a major burden requiring other employees to cover.

• Annual salary raises, 401K contributions and bonuses are expected.

• Employees sometimes leave to the higher paid for-profit jobs.

Temporary Agency

• Expertise based solely on the skillset available to temp agency.

• Temp agencies have limited number of qualified candidates, especially for strategic & executive functions.

• Most temps need training, some don't even understand non-profit finance

• Temp agency will send new candidate, training will be required

• Impact of vacation, sick time, FMLA, etc. depends on agreement with temp agency.

• High cost to transition move a temp to permanent employee.

• By definition temporary, thus easily encouraged to leave for a higher paid job.