C.O.R.E. Business Services: Accounting Solutions
Analysis of your financial records provides information needed to help you make better decisions. We make complex data simple and easy to understand. We will customize an operational accounting plan to your unique business needs and provide you with easy to understand analyses and reports of your company's financial health, thereby giving you the information necessary to make better informed business decisions. Some of the solutions we offer are:
- Budgeting & Forecasting: Assist in the development of an annual budget and provide you with a monthly analysis of your budgeted expenditures versus your actual expenditures. This will help you estimate your future expenses and plan profits, allowing you to detect problems before they occur and adjust your business accordingly.
- Customized Dashboard Reporting: Set up a system of Dashboard Indicators and associated reports that will help you monitor your company's financial pulse. These reports will be specific to your business and industry.
- Cash Flow Analysis and Projection: Analyze the cycle of your business' cash inflows and outflows, and make recommendations for the maintenance of an adequate cash flow for your business.
- Gross Margin Analysis: Analyze your margin by product line, making recommendations to enable you to maximize profits.
- Purchase Order Reconciliation: In the course of the accounts payable process outlined in the Basic package, we will match purchases with packing slips and work to resolve any discrepancies.
- Inventory Tracking and Analysis: Establish proper accounting controls over inventory on order and inventory in stock. We will provide a quarterly report of the status of inventory on hand and make recommendations as to the amount of reserves that should be carried for obsolete or defective product.
- Cost Control and Analysis: Routinely monitor your expenses, providing you with detailed information on exactly where your money is being spent so you can correct any serious excesses.
- Accounting & Office Procedure Documentation & Implementation: CORE will analyze, document and implement office procedures for your business operation that will enable you to run your business more efficiently, saving time and money.
- Implementation of Checks and Balances to Prevent Fraud: Incorporated into your business' accounting and office procedures will be a system of checks and balances specifically aimed at preventing fraud. We will train you and your staff on these methods to insure your business assets are safe.