You can’t predict the future. And we can’t either, really. But our team of accountants and analysts, backed by state-of-the-art technology and operating under industry best practices, gives you the next best thing. Relying on our expertise and resources to plan for financial challenges and opportunities down the road allows you to focus on running your business.
Cash management involves a lot more than what’s in your wallet. Accurate cash management involves information from every account, invoice, and lockbox under your desk to make sure that all of your liquid assets and their movements are accounted for. You could expend time and resources to collect all of that information, but you have other important things to do. With all of your accounts close at hand and your business-critical documents imaged and stored, we’re able to maintain records and make necessary analyses in a manner that’s both time- and cost-efficient.
We monitor financial issues outside of your business, too. While your accounts and transactions are an important measure to track, we also monitor the financial environment surrounding your business activity. When economic circumstances threaten that could affect the way your company manages its money, we’re able to come to you with proactive suggestions and cash management solutions to adjust your operations as needed to ride the financial tide.
We have you fully covered. Our comprehensive system and suite of financial services can address all of the many factors that affect income and outlay. Accounts payable and receivable, statement reconciliation, payroll – with all of your crucial functions handled by one expert team, within one state-of-the-art system, you can feel comfortable knowing that your cash management needs are being addressed from an accurate and complete view of your financial situation.
Daily Cash Flow Maintenance
Ongoing daily bookkeeping is an underappreciated foundation for effective cash flow analysis and planning. Tracking and recording transactions as they take place allows for an accurate assessment of your financial situation in real time and makes long-term analysis down the road easier and more accurate.
- Sales and deposits
- Payments and withdrawals
- Petty cash transactions
- Cash flow reports
Sales and deposits.
Accurate records of receipts, purchase orders, invoices, and deposits to provide a picture of the money that has come into your account and the money that hasn’t come in yet.
Payments and withdrawals.
Carefully tracking one-time and recurring expenses and monitoring the outflow of cash isn’t just essential for knowing how much money you have on hand – it can also help detect questionable withdrawals, and withdrawals by questionable parties, to protect you from fraud from parties unknown or even your own employees.
Petty cash transactions.
Petty cash transactions can be an unexpectedly tricky part of cash management because they involve actual cash – money kept on hand to take care of minor or last-minute expenses. That makes it particularly important to log withdrawals, receipts, and deposits and to monitor the status of the cash box regularly – because those particular assets could easily walk away in someone’s pocket, intentionally or unintentionally.
Cash flow reports.
To keep you constantly informed, our cash management specialists organize all of the information gained from day-to-day transaction monitoring and assemble it into reports that tell you at a glance what you need to know about the status and potential of your accounts.
Account Management
