The Five Elements of an Effective Treasurer Relationship

The Five Elements of an Effective Treasurer Relationship

By: A. Michael Gellman

An association's treasurer plays an essential role that isn't always well defined. Establishing a strong relationship between this board role and staff financial experts can benefit the organization as a whole.

Nonprofit organizations tend to indirectly undermine the benefits that can come from an interactive relationship with their treasurers. There are just too many barriers in place. Some barriers come from poorly designed governance policies and practices, but many are products of human nature. We need to work smarter when it comes to effectively integrating treasurers into the fabric of our financial management systems. ...