Accounts Payable

Accounts payable has evolved into a strategic business function that focuses on optimizing working capital and generating higher savings. This transformation has shifted the accounts payable process from being transaction-centric to improving supplier relationships with the business.

Elite Bookkeeping and Accounting Services a company that offers accounts payable outsourcing services, has helped numerous enterprises achieve greater value for their businesses through dynamic accounts payable processes. Our process provides greater control and transparency, delivers bottom-line savings, and drives efficiencies through standardization.

We offer end-to-end accounts payable outsourcing services, including invoice processing, scanning, and managing reconciliation for payments. Our services simplify payment processes by optimizing procure-to-pay operational cycles, offering compliance handling procedures, and enabling quick cycle times without compromising on value-added benefits such as dynamic discounting.

In addition to our accounts payable outsourcing services, we also provide accounts payable consulting services. We create effective payment strategy models and robust technology solutions to improve the overall process. With proven expertise in transaction processing and continuous improvisation, we help businesses realize the true and better value of our accounts payable services.

  • Bookkeeping (Monthly, quarterly, or annual)
  • General Ledger and Financial statement preparation
  • Payroll processing
  • Accounting system setup and support
  • Personal financial statements
  • Cash flow budgeting and forecasting
  • Employee benefit and profit-sharing model
  • Corporate tax planning and return preparation
  • Litigation support
Accounts Receivable

We offer professional accounts receivable (AR) services to help businesses manage their cash flow and ensure timely collections. Our AR services are designed to streamline the entire AR process, from invoice generation to payment processing and debt collection.

Our experienced AR professionals can manage all aspects of the AR process, including creating and distributing invoices, tracking payment due dates, following up on overdue payments, and reconciling accounts. We also manage communication with customers, resolving any discrepancies or issues with invoices, and ensuring that all payments are made within the company’s established payment terms.

Our AR outsourcing services can help businesses reduce their AR-related expenses, improve their cash flow, and reduce bad debts. By outsourcing AR services to us, businesses can free up internal staff resources and focus on core business activities.

We provide a range of AR services, including invoice generation, payment processing, debt collection, and credit risk assessment. Additionally, we offer data analysis and reporting, cash flow forecasting, and account reconciliation to help businesses make informed financial decisions.

Our team of AR professionals is highly skilled and trained to handle all types of AR-related tasks, providing efficient and accurate services to our clients. We understand that each business has unique AR needs, and we work closely with our clients to customize our services to meet their specific requirements.

In summary, our accounts receivable services are designed to help businesses improve their financial performance by streamlining their AR process, reducing bad debts, and improving their cash flow. 

  • Sales Order Processing
  • Invoicing
  • Customer Payments
  • AR Analysis & Collections
  • Receivable Management
  • Cash Receipts Entry
  • Customer Balance Reconciliation
General Accounting

Our company provides comprehensive general accounting services to businesses of all sizes, helping them maintain accurate financial records and stay on top of their financial performance. Our services are designed to simplify the accounting process and provide businesses with the information they need to make informed financial decisions.

Our general accounting services cover a wide range of tasks, including bookkeeping, financial reporting, budgeting, tax planning etc.. We work closely with our clients to ensure that all financial records are accurate, up-to-date, and comply with all relevant regulations.

Our team of accounting professionals is highly trained and experienced, with expertise in all areas of accounting. We use the latest accounting software and technologies to streamline the accounting process, making it easier for businesses to manage their finances.

We provide customized accounting services to meet the specific needs of each business, whether it’s a small startup or a large corporation. Our services can be tailored to fit any budget, and we work with our clients to develop a pricing structure that is transparent and affordable.

At our company, we believe that transparency and communication are key to building long-term relationships with our clients. We provide regular financial reporting and analysis to keep our clients informed of their financial performance, and we are always available to answer any questions or provide guidance on financial matters.

In summary, our general accounting services are designed to help businesses manage their finances more effectively, improve their financial performance, and stay compliant with all relevant regulations. Contact us today to learn how we can help your business.

  • Bank Statement Processing
  • Accruals
  • Payroll Posting & Reconciliation
  • Inter-company postings
  • Prepayments
  • Bank Account Reconciliation
  • Inventory Management
  • Fixed Assets Accounting
Virtual CFO

Our company offers virtual CFO (Chief Financial Officer) services to businesses looking to outsource their financial management needs. Our virtual CFO services provide businesses with the expertise of a seasoned CFO without the cost of hiring a full-time CFO in-house.

Our virtual CFO services are designed to help businesses improve their financial performance, streamline financial management processes, and make informed financial decisions. We work closely with our clients to understand their specific financial needs and develop customized solutions that fit their unique requirements.

Our virtual CFO services include financial planning and analysis, budgeting and forecasting, cash flow management, risk management, and financial reporting. We provide regular financial reporting and analysis to keep our clients informed of their financial performance and provide recommendations on how to improve their financial performance.

Our team of virtual CFO professionals is highly skilled and experienced, with expertise in all areas of financial management. We use the latest financial management software and technologies to streamline financial management processes, making it easier for businesses to manage their finances.

We provide flexible virtual CFO services that can be tailored to fit the specific needs of each business. Whether it’s a small startup or a large corporation, we have the expertise and resources to help businesses improve their financial performance and grow.

In summary, our virtual CFO services are designed to provide businesses with the financial expertise they need to improve their financial performance, streamline their financial management processes, and make informed financial decisions. Contact us today to learn how we can help your business.

  • Financial Forecasting
  • Cash Flow Estimation
  • Cash Flow Management
  • Budgeting
  • Maintaining Accounting Records
  • Risk Assessment
  • Financial Analysis
  • Profit Optimization
Payroll

Elite Bookkeeping and Accounting Services is a payroll services provider that enables businesses to focus on business creation while we handle their payroll processing needs. Our payroll management services are accurate and timely, ensuring regular payment of staff remuneration. We offer professional web-based payroll services that are intuitive and designed to simplify and organize things for both the company and employees. We understand the importance of smart tools and techniques beyond the capacities of Excel sheets in this era of digitalization, and that’s why we offer a complete digital solution. Our reliable payroll services cover salary slips and tax declarations, employee benefits, reimbursements, leaves, and compliance policies, all on a web-based platform. Our platform features seamless and well-organized functionalities, making it easy for users to access data. With this, we ensure that your business runs with optimized costs, saving time and effort to focus on your goals and objectives. We strictly follow compliances and policies and work towards achieving the goals of your business to provide quality outcomes. We provide payroll outsourcing services across the globe to all business sectors, including commercial, corporate, and manufacturing industries. Our California payroll services are particularly popular among SMEs and corporates, and we have gained sharp skills and adequate expertise in the following services through years of experience: Overall, our payroll services are designed to offer accurate, timely, and reliable solutions for businesses of all sizes, enabling them to focus on their core competencies while we handle their payroll needs.

  • Auto Payroll Reconciliation
  • Zero Errors
  • Statutory and Legislative Compliance
  • Payroll Dashboards & Reports
  • Professional Advice and Robust Reporting
Back Office & Admin

Outsourcing your back-office administration tasks can help you save significant time and resources that can be directed towards driving your business growth. By relying on a professional team to handle administrative tasks, you can ensure that your records are well-maintained and the work is of high quality. At Elite Bookkeeping and Accounting Services, we understand that outsourcing may seem daunting at first, but our experienced team has been providing these services for a long time. We are experts in streamlining every aspect of an organization’s administrative processes, ensuring a seamless workflow. We are committed to promptly addressing all your requirements and providing the satisfaction of data security. Your data is safe with us, and we do not share it with anyone. Our team is adept at learning new software and can assist you in making your administration work effortless. Outsourcing to us can also help you save on expenses. We have successfully partnered with many businesses and helped them manage their admin work with better results. At [Company Name], we are dedicated to being a part of your business success journey.

  • Analytical reporting like Profitability Analysis & Spend Management Analysis
  • Product Listing, Maintenance & Categorization
  • Catalogue Management
  • Price Update in ERP and back end websites
  • Customer Master data Management
  • Order and Inventory Management
  • Fixed Assets Listing and Invoice Management
  • Work Order, Purchase Order, Sales Order, T & E, Payroll Processing, etc.
  • Vendor Master data Management
  • Document Indexing & Archiving
  • All types of transaction processing