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Enhanced Grant Oversight

Donors & Funders
Enhanced Grant Oversight

A major international funder needed assurance that its significant investments into a portfolio of African grantees were being used ethically and efficiently. The traditional process of costly on-the-ground auditing was time-consuming and inefficient, providing only a snapshot of operations long after the fact.

 

The BMG Partnership:

We implemented a unique oversight model by providing our Accounting, Payroll, and Procurement shared services directly to the funder's grantees. This proactive approach ensured that all financial processes were compliant and transparent from the outset, rather than being verified after the fact.

The Achievements:

  • Reduced Oversight Costs: The funder reduced their internal auditing and verification costs by over 40% annually.

  • Real-time Assurance: The funder gained real-time visibility into the financial health and operational integrity of their grantees.

  • Maximized Impact: By mitigating financial risks early, the funder could be confident that their investments were directly funding programs, not being lost to administrative inefficiencies.

Date
07 November 2024
Tags
Accounting & Financial Reporting Payroll Management Procurement Solutions

About BMG Partners Inc.

At BMG Partners Inc., we act as the discerning bridge to enduring global impact. Rooted in Africa with a global reach, we provide discerning counsel and unwavering integrity in comprehensive shared services. Our purpose is to liberate organizations from operational complexities, enabling them to focus entirely on their noble missions and commercial objectives.

We are a strategic operational partner for NGOs, Donors & Funders, CSI leaders, and commercial clients — committed to building foundations of integrity and sustainable prosperity across Africa and beyond.

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Our multidisciplinary team combines deep industry expertise with proven methodologies to deliver transformational outcomes. We partner with ambitious organizations to unlock sustainable growth and operational excellence.

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Email: [email protected]

Phone: +27 76 662 9932

Address: Pretoria, South Africa