OUTSOURCE YOUR BOOKKEEPING
MpowerMed will manage your Accounts Payable/Receivable and bring order to your cash flow. We’ll invoice your clients, manage your collections, and provide you with up-to-date status reports, as well as enter your outstanding bills and print your checks in a timely manner to avoid late charges and penalties. We can also process online bill payment transactions to save you money in postage, checks and time. Let us be your reliable bookkeeper in Mahwah, NJ.
When you work with MpowerMed, you benefit from our experienced bookkeepers without the expensive overhead and administrative headaches. We provide high-level bookkeeping services at competitive rates. And, since we maintain your financial ledger, ongoing recording of data and preparation of documents, your year-end work can be significantly reduced resulting in lower accounting fees and faster turnaround time in preparing tax returns and financial statements. Retaining R&D provides a true return on investment.
Accounting is a maintenance activity and does not add any revenue to your practice, so you want to keep the cost of bookkeeping as low as possible. You also want to make sure that you have a specialist who is proficient in their duties. Below you will discover some of the many benefits of using our team.
Flexible, Affordable Service Options
MpowerMed offers a range of outsourced bookkeeping services that will transform the financial management of your business. We can help you choose the most appropriate services, such as:
- Revenue recognition, customer invoicing & accounts receivable
- Expense & accounts payable management
- Bookkeeping & month-end close
- Financial reporting
- Payroll & human resource administration
We can help with:
- Income entries
- Expense entries
- Invoicing or billing
- Credit control
- Accounts payable
- Accounts receivable
- Bank reconciliation
- Credit card reconciliation
- Correct errors and adjust entries
- Profit and loss statement
- Balance sheet statement
- Cash flow statement
- Custom financial reports
Save company time, money, and resources
When MpowerMed works on your books, your business will be able to free itself from this tedious but necessary task in order to concentrate on more important matters. For instance, you would be able to give your full attention to your primary tasks in order to generate profits from an expanding patient base. Your business also does not have to invest time that could have been more wisely spent working on networking and growing the business.
Efficiency is the keyword here. Businesses love to run as efficiently as possible, and this is a very important principle that businesses need to stress all the more. In fact, if you are a business that does not currently have a professional team to handle their finances, your business may suffer from the consequences of doing bookkeeping incorrectly.
Instead, why not leave the financials in the hands of experts? Our experienced team of financial controllers do have the know-how in managing all of your statutory accounts, tax returns, payroll documents, and management accounts using our advanced software.
In fact, outsourced bookkeeping services will be able to help you slash your annual operating budget, freeing up your practice’s cash flow for other uses. Research has shown that a business can save up to 40% in monthly operational costs upon engaging an outsourced accountancy service compared to in-house bookkeeping in a cost-benefit analysis.
When you work with our team, you are allowing your business to enjoy complete accounting coverage at a fraction of the cost. With bookkeeping outsourcing services, you also save on the resources in your own office, including the time spent interviewing, hiring, and training brand new accounting staff. You no longer have to worry about juggling the cost and benefit packages of both full-time and part-time employees who use up your business’s resources. This also means you also do not need to go through the potential pitfall of hiring and firing the wrong person for the job.
Professional, trusted accountancy outsourcing services
MpowerMed operates on the principles of reliability and collaborative accounting. Our work is constantly reviewed in order to deliver accurate work to your business. When you engage with us, you can be sure that your organization’s books will remain intact.
When a business outsources their bookkeeping operations to us, they have essentially placed their accounting into the hands of experts. We have the necessary experience to navigate through the various types of tax codes and specific laws that are in place for your business. We strongly value the trust that has been built between ourselves and our clients since 1998. We ensure that each client we receive will remain in utmost confidentiality – we do not share your information with anyone.
Well-versed with top systems
MpowerMed’s staff are all experts in QuickBooks, so you do not have to put your employees through training and hope that they will be able to master the software in quickly and efficiently. When your bookkeeping operations are outsourced to us, you save even more since you do not have to purchase yet another financial tool. QuickBooks has numerous features and functions that work within any type of business, allowing us to keep track of your bookkeeping requirements without missing out on a single detail.