Bookkeeping Efficiency Lowers Perpetual Expenses for Healthcare Client
Healthcare benefit consultants
- Outsourced bookkeeping
- Cash flow management
- Preparation of financial statements
- Solution & Benefits
The PKF Texas bookkeeper is at the client’s office two days a week. While in office, we produce client and vendor invoices, employee expense reports, cash flow management, forecasting, property tax and income taxes as well as financial statement production.
The COO/CFO commented, “PKF Texas, once up to speed and having cleaned up errors made by prior personnel, have become very efficient in terms of hours required and our invoices. Our existing CPA firm completes our Federal and State tax returns and previously reviewed our books quarterly. They now require fewer hours to complete their work since our books are very clean, which further reduces accounting related expenditures.
"PKF Texas’ efficiency, cost effectiveness and professional work product has greatly benefited us. We estimated a 15%-20% increase in overall costs prior to the engagement, but instead found a 43% decrease in accounting related (bookkeeping and outside CPA) costs.”
The client engaged PKF Texas to provide outsourced bookkeeping services. The client’s previous employees entered multiple errors, which then had to be corrected by their existing CPA firm.