Purchasing power
August 2008
Ernese Skinner co-ordinates some procurement tips following requests at a CFDG members' meeting...
Saving money is just as important as raising money, finance professionals were told at a recent CFDG members’ meeting. Charities spend lots of time and effort raising money so they need to ensure they spend it efficiently, demonstrating good stewardship. A key element to this is a professional approach to procurement. Charities that procure effectively can generate significant savings that can then be invested in service improvement.
Author: Ernese Skinner
Ernese Skinner is policy and campaings manager at CFDG. She has moved into the charity sector from the Office of Government Commerce, an independent office of HM Treasury.
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