How good is your club software?

Even if yours is a small club it will be involved with a range of financial transactions throughout the year.  You need good financial management to help keep your club afloat and take care of your members.

More importantly, as a committee member, you have a governance responsibility which means that you need to oversee the way the organisation works to be sure it is meeting legal requirements.

If you aren’t familiar with your club’s financial position and obligations, how do you know that everything is running smoothly and securely?

Perhaps you’ve been appointed as volunteer treasurer for your club.  While you take responsibility for managing the accounts and finances, it’s important that every board member understands the club’s financial position.  As they say, ignorance is no excuse. If something should happen to you that you can’t complete your term as treasurer, the board must be able to manage the finances until a new treasurer can be appointed.

It’s not unusual that the treasurer is the only committee member with any understanding of financial matters, and that exposes the club to two big problems.

Firstly, no committee can strategically plan for the future without being clear on their current financial situation, projected cash flow, and debts and liabilities.

Secondly, if the finances are left in the hands of a single individual, it’s a recipe for fraud which no one will notice until too late.

How Admin Bandit club software can help

That’s where Admin Bandit club software is so very useful. Admin Bandit is an easy and affordable accounting software package that guides you through every task required in your role as volunteer treasurer of your association. It’s fast and easy to use, even if you have absolutely no accounting experience. The Admin Bandit club software can produce a range of reports at the press of a button.  It is accessible to your committee so all transactions are visible for monitoring.

Don’t leave the success and financial management of your club to one person or to a paper based system.  Choose Admin Bandit club software and be sure that your reports are accurate, and be comfortable that your accounts are in order.