Financial Management
MSP takes a business approach when it comes to our financial support. This approach is reflected in our commitment to carefully controlling our expenses, soliciting quotes from multiple vendors for major purchases, and tracking financial activity on a per project/per program basis. Assets are managed in coordination with the advice of each association’s independent auditors or reviewers. Our conservative approach to managing our clients’ finances has resulted in consistently meeting and/or exceeding financial goals.
MSP has the depth of staffing to allow us to implement a segregation of duties so that no one person is solely responsible for managing any client’s funds. Checks and balances are in place throughout the process to ensure that funds are collected, disbursed, and reported accurately. This is accomplished through strategic and sound management and financial practices, which have served our clients well.