Services – Virtual Financial Services

FINANCIAL & MANAGEMENT REPORTING

We focus on financial and management reporting with our unique, consultative approach in order to provide strategies for improving profitability. We partner with trusted CPAs and assist in designing processes to improve accuracy and efficiency. This helps to provide more detailed data for managerial decisions. We provide support to companies who do not have CFO’s and need some financial reorganization.

This can include cash flow issues, lowering bad debt percentages, making payroll or all of the above. Each client gets our guidance based on our ability to understand your company process, projections, record keeping and risk tolerance. We partner with you to ensure we help you meet your financial objectives. Contact us today to find out more about how we can help you.

ACCOUNT RECEIVABLES

Virtual Financial Services is different from a collections company. A collections company starts working a debt once you have given up on collecting it. VFS is different because we assist and manage this process from beginning to end. This prevents the bad debt from ever getting to the point of collections. We lay the ground work from the very beginning, knowing what money is owed and working bad debt as early in the process as possible. We oversee a team and customer relations to stay on top of outstanding invoices, ultimately, saving you time and money.

PAYROLL

Let us help you with your payroll services. We all have employees that need to get paid. Whether it is weekly, biweekly or monthly, Virtual Financial Services is here to help you meet payroll deadlines and keep track of the reporting that goes along with that. Ask us how.

CREDIT REPORTING

With 20+ years of industry specific experience we partner with a trusted credit reporting agency. This allows our clients access to data for many different companies. The data is nicely consolidated in an easy to read format that helps our clients understand who they are doing business with. This data includes average days to pay for a particular customer, their average high credit, average credit amount, how long they’ve been in business and their interpretation of what the credit risk is.