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No matter how smoothly a business is being run, if its financial accounting management system fails at any point, the whole game can be over within no time. The domino effect can tumble down any given business empire with as little as a snap of a finger and who would want that? Surely, not you!
We boast of a trained team of professionals which assures that your business’s financial records are maintained in accordance with the applicable accounting standards and in compliance with lawfully accepted procedures and policies.
This in turn allows the management team a breather to focus solely on maximizing profits and generating meaningful business results for its stakeholders.
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Bookkeeping simply means to keep a check on all the business transactions and maintain their due record diligently. If this is not done in the right manner, this small yet back-breaking task can potentially cause the consequent financial statements to portray the wrong picture to its stakeholders.
Bookkeeping involves maintaining correct records of accounts receivables, accounts payables, bank reconciliations, credit sales reconciliations and the likes. It may also involve accounts management for payroll, initial tax preparation and accounting write ups.
We understand that book keeping becomes too-much-to-handle at times and a handful of resources get allocated to this department, which could otherwise help in other much needed areas of business management. Our team of certified accountants ensures timely and accurate recording and reporting of the day-to-day business transactions.
If you have a poor history in maintaining your accounts and your business lag behind two years in bookkeeping records, we will align your records up to date.
Even if your business accounts have not been properly maintained for more than a longer period of time, say more than two years and you wish to set the record straight, we will help you bring them back on track.
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Cash Flow Management refers to managing the cash/monetary resources coming-in and moving-out of the business. Effective cash flow management ensures that the business is always standing at a positive cash flow position, which simply means that the money moving-in the business should always exceed the money moving-out of the business.
Our team of professional accountants has a keen understanding of the process involving optimizing the amount of money by managing cash flows of the business in a strategic way. This is to ensure that your accounts receivables and accounts payables are managed efficiently, your payroll cycle is chosen wisely and the business’s payouts are managed effectively.
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Effective Vendor Management is a key aspect in managing efficient transactions of any business. A disruption in this cycle can sometimes cause a disruption in the overall running of the business. This involves selecting the right vendors, negotiating pricing and contracts, controlling related expenses, on time payments, ensuring service delivery and most importantly, reducing vendor-related risks.
Our experienced personnel ensures end-to-end vendor management which involves assessment of vendors, choosing and maintaining the right people to work with, dealing with timely payments, vendor reconciliations and optimizing maximum outcome for the consequent stability of your business.
And when we claimed ‘we can do even more’, we meant this …
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Yes, you heard it right! We have a special team of experts, billers and coders, dedicated solely for the purpose of billing. We have recently launched this service to facilitate our clients in reducing their administrative duties and focus on the core competencies of their businesses.
We ensure complete record maintenance and timely generated billing services with proper coding to enhance revenue collection in an effective manner. This means that our team will work as an extended wing of your business in processing and submitting health insurance claims, and efficiently following up with proper collection of payments on your behalf.
