Trust is Good, Control is Better
"It's my cousin. He wouldn't steal from me." "I check the cash every evening; I don't need a system." These are the famous last words of many failed businesses in Burundi.
Category Financial Systems Assessment & Advisory
The “Padlock”
Why Your Finance Department is Your Only Defense Against OBR Closure Is your business safe? In the last few months, the streets of Rohero and the Quartier Asiatique have witnessed a new reality: OBR seals on the doors of established…
How to Build Donor Trust Through Finance
Don’t let your finances be a source of doubt. Let them be a testament to your integrity and the incredible work you do.
The Top 5 Financial Management Mistakes Organizations Make (and How to Fix Them)
These financial challenges can feel overwhelming, but you don't have to face them alone. This is where a trusted partner can make all the difference
Trust & Impact: Why Burundi NGOs Need FMS.
By collaborating with a firm like FMS, an NGO can implement the controls and systems that build donor trust, ensure effective spending, and unlock opportunities for lasting impact. It's a strategic move that allows NGO ...
How SMEs Can Improve Compliance
Employees are often the first line of defense against compliance issues. Regular training sessions help staff understand regulations and recognize risks early. Training also fosters a culture of accountability and transparency.
Best Practices for Risk Management in Emerging Markets
Every emerging market has its own legal, economic, and cultural context. Companies must invest time in market research to identify risks such as inflation, exchange rate volatility, and governance issues.
Financial Management Challenges in Burundi NGOs
International donors require detailed financial reports and strict compliance with funding conditions. Smaller NGOs often struggle with