As a business owner, do you know where your company is at financially? Do you have an established budget and have you implemented department-specific financial goals and objectives? Do your accounting procedures support your financial goals and objectives? EHTC has an entire team, our Accounting Services Department, that is here to help bring clarity to your business’ financial situation. Ben Boekeloo, CPA, is leading this team with over ten years of CFO and Outsourced Controller services expertise.
Managing costs and expenses are imperative to ensuring your company’s financial goals and objectives are met. Segregating costs by department and implementing department-specific budgets helps in combination with regular monthly reviews aids in monitoring the financial health of your company. The team at EHTC works with many clients to develop department-specific budgets, separating expenses and income to be correctly allocated to the different divisions of the company and establishing financial goals and targets within those departments. Creating budgets while managing costs and expenses against those budgets enables a business to focus on the growth of the company while ensuring spending is appropriately controlled. How could your company benefit from having a well-defined budget?
The team at EHTC is also able to analyze accounting procedures, identify areas for improvement and implement automation. By linking bank accounts, credit cards and accounts payable to your accounting software program, the need for most manual data entry is eliminated. This not only saves time for your employees by making the process more efficient, it also reduces the potential for human error due to data entry mistakes. How could your company benefit from automation?
Contact EHTC today to start the discussion in order to better understand where your company is at financially. Whether it is analyzing costs, breaking down budgets by departments or focusing on automation, EHTC has an entire department dedicated to ensuring your business has the clarity and understanding needed to make the most financially sound decisions for your company.
EHTC is a dedicated, full-service CPA firm in West Michigan that focuses on helping clients to achieve their full potential through comprehensive accounting, finance and tax services. We are a local firm with large firm resources, using a team approach to proactive client service that helps our clients gain a competitive advantage through our ability to develop strategies and present realistic solutions that build value.