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November 1, 2021
FinOps Done™ refers to a comprehensive finance and accounting system for businesses offered by Escalon. Our trained financial experts will deftly handle all of a company’s finance requirements. The reason behind FinOps’ rapid growth in popularity is its ability to deliver airtight financial documents to successfully grow a company, without the related expense of a comparable in-house team.
FinOps Done™ comprises the following six elements:
Escalon can provide clients with the assistance of a highly experienced CFO to ensure that your business’s financials are accurately done. The CFO will also provide the insights you need to make proper decisions to advance your business. You can expect the following services:
: Our insights inform how your business decisions will affect growth in the short term and in the long term.
: Your CFO’s comprehensive reports will include KPIs, unit economics, break-evens and profitability so you can make informed decisions for the business.
: Our KPIs will illuminate whether your business is on solid footing or merely surviving.
: Use our tools to gauge cash flow, capital expenditure and more to assess your business’s progress forward.
: Using big data and predictive financial analytics, we identify trends that will benefit or hurt your business.
Escalon’s Expenses Done™ ensures your bills, expenses and credit cards are organized and attended to so that your business stays on track. You can expect the following services:
: All bills are collated and a schedule established for payables.
: Our team creates expense reports and ensures vendors/suppliers are paid on time and that your balance sheet is up to date.
: Your credit card bills are verified, approved and reconciled with receipts and purchase orders.
Our experts endeavor to ensure all invoicing, payments and debts are paid in full in a timely manner. With Revenue Done™, you can expect the following services:
: Our team manages accounts receivables and invoices to ensure on-time payment.
: We work with debtors on your behalf, including making demand letters and identifying reasons behind late bills to come up with a payment strategy.
: We monitor inflow and keep accurate financial records and reports.
Escalon’s accounting experts will ensure that your company’s books are balanced and contain no errors with our comprehensive oversight, so that your only duty is to review and sign. With Accounting Done™ you can expect the following:
: We ensure an accurate account of your general ledger, which underpins your ability to create accurate financial records. This may entail opening and closing accounting periods, recording accruals, adjustments and closeout, checking for inappropriate balances or discrepancies coupled with corrective actions, and the analysis of trial balance relationships and controls.
: Your bank statement will be analyzed to ensure transactions correspond with your balance sheet.
: Our detailed financial reports will keep you abreast of transactions, reconciliation and cash flow.
: Our financial team will assess how well your business’s spending and revenue generation meet its financial forecasts to home in on areas that are under or over budget.
Escalon provides an integrated dashboard, dubbed C-3 company command center™, so you can see information from all of your business’s software and providers to keep an eye on everything at a glance.
Escalon’s bookkeeping and accounting pros will ensure compliance with all federal regulations and statutory requirements and maintain up-to-date, risk-free records. With Confident Compliance™, you can expect the following:
: We provide alerts for upcoming mandatory compliance filings, which you can submit with the click of a button.
: We ensure timely, accurate filings that conform to legal requirements.
: Our tax experts oversee and submit all required tax filings and ensure compliance with all laws.
Escalon’s Sure Setup™ is a proprietary platform that gathers information into a single place to ensure your employees, Escalon employees and all of your systems stay in sync. Sure Setup™ accomplishes this through:
: Once platforms and procedures are established, we make sure they operate together seamlessly.
: Once workflows are established, we provide instructional manuals that documents who is doing what.
: We optimize information flow among invoicing, accounts receivable, banks and other relevant sources. We then connect these flows to our proprietary tech platform that automates everything.
Since 2006, Escalon has helped over 5,000 companies with back-office solutions for accounting, HR, payroll, insurance, and recruiting and taxes — and we can help yours too.
Our team is made up of seasoned professionals who bring years of industry experience to the table. You gain a trusted advisor who understands your business inside out.
Say goodbye to the hassles of hiring, training and managing in-house finance teams. You will never have to worry about unexpected leave of absence or retraining new employees.
Whether you’re a small business or a global powerhouse, our solutions scale with your needs. We eliminate inefficiencies, reduce costs and help you focus on growing your business.
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