Why eProcesss Pros
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Transcript of Why eProcesss Pros
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REAL TIME TRANSACTIONAL ACCOUNTING SERVICESTHAT WILL REVOLUTIONIZE THE WAY YOU RUN YOUR
BUSINESS
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BUSINESS PROCESS OUTSOURCINGTHINK OF HAVING ACCESS TO NFL CALIBER
COACHING, SYSTEMS AND EQUIPMENT TO MANAGE
A LOCAL POP WARNER TEAM
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TOP 5 REASONS COMPANIES OUTSOURCEExecutive Survey: The Outsourcing Institute's Annual Survey of Outsourcing End Users
1. REDUCE AND CONTROL OPERATING COSTS
2. IMPROVE COMPANY FOCUS
3. GAIN ACCESS TO WORLD-CLASS CAPABILITIES
4. FREE INTERNAL RESOURCES FOR OTHER PURPOSES
5. RESOURCES ARE NOT AVAILABLE INTERNALLY
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SERVICE OFFERING
BUSINESS BOOKKEEPING AND GENERAL TRANSACTIONAL ACCOUNTING - ALL BEST PRACTICE BASED.
TECHNOLOGY PLATFORM HOSTING, WORKFLOW MANAGEMENT AND SUPPORT
CONTROLLER / CFO SERVICES
FINANCIAL ADVISORY SERVICES
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FULL CHARGE BOOKKEEPINGACCOUNTS RECEIVABLEACCOUNTS PAYABLEACCOUNT RECONCILIATION INVENTORY ACCOUNTING
FINANCIAL MANAGEMENTCASH MANAGEMENTMONTHLY CLOSINGMONTHLY FINANCIAL ANALYSIS AND REPORTSPERIODIC TAX FILING
ACOUNTING SYSTEM HOSTINGREDUNDENCYBACK-UP
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YOU SEND:• INVOICES• BANK STATEMENTS• CREDIT CARD
STATEMENTS• DEPOSIT DETAIL• PAYROLL REPORTS
YOU RECEIVE:• CHECKS FOR
SIGNATURE• FINANCIAL
STATEMENTS• MANAGEMENT
REPORTS
eP2:• MAKE JOURNAL ENTRIES• PROCESS CHECKS• RECONCILE BANK A/C• RECONCILE CREDIT A/C• RECORD DEPR./AMORT.
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eP2 Benefits Provided: Delivery Process: Benefit to You:
Ability to allocate resources to the growth and operation of the business
Resources devoted to accounting can now be allocated to sales and promotions
Generate more revenue by reallocating resources from bookkeeping to selling
Receive accurate, comprehensive financial information more frequently
Accounting is usually processed weekly, so up-to-date information is more readily available
Ability to make better proactive strategic and management decisions
Increases internal controls by separation of duties for key financial processes
Eliminates occurrence of one person who processes payables, writes checks and reconciles the bank statements
Reduces risk of loss due to financial fraud and theft
SERVICE BENEFITS
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eP2 Benefits Provided: Delivery Process: Benefit to You:
Eliminates the need to address accounting employee turnover, vacation, sick leave, etc.
Back office function is provided by a "firm" rather than a person; therefore, no interruption of processing
Time saved from having to focus on understanding accounting changes and validating journal entries
Vendor relationship management and accounts payable analysis
Confirm vendor pricing accuracy; match payments with invoices; document and adhere to payment date terms
Reduces risk of duplicate invoice payments and provides cash management optimization
Reduces risk of late or underpaid taxes
Frequent processing allows for timely monitoring of tax payment schedules
Money saved from potential tax penalties and interest
SERVICE BENEFITS
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eP2 Benefits Provided: Delivery Process: Benefit to You:
Increases information confidentiality
Sign-on ID and password are required for review and for receipt of financial statement hard copies
The integrity of financial information is strengthened by having accounting processed independently at a different location
Provides basis for a Disaster Recovery Plan
Accounting information is stored and backed up off site
Historical accounting can be restored on any computer if needed
Services and reporting are customized to fit your needs
Interviews conducted to document workflows and reporting needs
Development of both individual store reporting and combined performance reporting
SERVICE BENEFITS
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FREEING YOUR TIME TO DO WHAT YOU DO BEST FOR YOUR BUSINESS
EPROCESS PROS WILL PROVIDE : BEST PRACTICES FINANCIAL COMPLIANCE AND SECURE WEB BASED APPLICATIONS AND INFORMATION STORAGE
WITHOUT: PERSONNEL HIRING, TRAINING, OR BENEFITS COST
AT: AT A FRACTION OF THE COST OF A BOOKKEEPER