Financial Services
Accelerate Access to Your Financial Information
Teleios Consulting Group offers an array of back office financial services to enable you to focus on the core needs of your organization.
Monthly Financial Statements
Produce timely and accurate financial statements to include the balance sheet, income statement and statement of cash flows.
Why it matters:
Accurate and timely financial statements allows for informed business decisions such as identifying areas where costs can be reduced and ensure that relevant stakeholders are informed as to the financial status which allows for alignment toward common goals.
Reconciliations
Ensure that your bank balances track to your GL balance and that you are aware of any account discrepancies.
Why it matters:
Consistent Reconciliations allow for the verification of the accuracy of financial records and identifies discrepancies or errors that may have occurred, helps to detect fraudulent activity, enhances an organization's internal controls, and streamlines audit processes.
Accounts Payable
Timely paying of bills.
Why it matters:
Paying your bills timely allows you to build strong vendor partnerships, reduces late payment penalties and allows for increased transparency for better decision making.
Accounts Receivable
Ensure that your invoices are being sent in a timely manner.
Why it matters:
Invoicing timely allows for increased cash flow, as a result of faster receipt of payments as well as reduced delinquencies and an increase in collection rates.
Key Performance Indicators Dashboard
Refer to your custom dashboard monthly and track revenue, cash flow, operating margin and much more in real time.
Why it matters:
KPI dashboards enable businesses to benchmark against industry standards and identify opportunities to adjust strategies along the way.
Fractional CFO Services
All organizations need a CFO as a thought partner.
Why it matters:
Fractional CFO Services reduces costs associated with full-time salaries and benefits and brings extensive financial expertise and strategic insight to businesses. With expert financial guidance analysis of financial performance can be completed and shared to drive financial strategy.