CFO/Controller Solutions
Typically bundled with services included in the above options, this is our most expansive and collaborative outsourcing solution, in which a CPA with prior Controller/CFO industry experience meets with your management on a regular basis to review financial performance and provide input strategies to improve your business.
Available Features:
Financial analysis and advisory:
- Periodic summary and presentation of financial performance.
- Periodic or by request meetings with business owners/management.
- Financial forecasting and budgeting.
- Lead design and implementation of finance/accounting workflow best practices.
- Lead design and implementation of internal control system.
Preparation of the following periodic financial statements/reports:
- Profit and loss
- Balance sheet
- Cash flows
- Footnote disclosures
- MD&A
Process and pay vendor payments (we process payments but monies for payments are paid from client's approved checking account)
- Send us your vendor bills, and we will enter them into the accounting system.
- You will receive email alerts notifying you of when payments are due.
- You electronically approve all payments (we will not remit payments until such approvals are obtained).
- Robust internal control architecture to ensure appropriate levels of security and authorization
We will create and send invoices to your clients.
We will itemize and record deposits in your accounting system
Payroll processing for your employees
- Monthly or bi-weekly direct deposit.
- THP will process annual and quarterly payroll compliance (Client is responsible for paying tax liabilities. We will process all paperwork!)
On-demand access to your secure financial data and applications from any location with an internet connection,
24/7/365.
Customized chart of accounts, or we can upload your current COA it's already established (and preferred).
Reconciliation of credit card and bank accounts.
Electronic transfer of monthly data to THP:
- Simply scan and upload supporting documents (e.g. business receipts, vendor invoices, copies of checks issued, etc.) to your secure, online financial portal.
- Or, documentation can be mailed to our office using a postage paid envelope provided upon request. All documents, after processing, will be returned to your office with another postage paid envelope for your next monthyly batch.