MANAGED ACCOUNTING & COMPLIANCE
We blend technology with industry experts and best practices to provide unparalleled services which address all of your accounting and compliance headaches.
Managed Accounting, Compliance & Expert Support
Understanding each partnership is different, we deliver industry leading solutions for accounting and compliance, all tailored to meet your specific needs.
We blend technology with industry experts and best practices to provide unparalleled services which address all of your accounting and compliance headaches. Our comprehensive solutions are meticulously designed to solve for complex accounting and compliance challenges. Offering an integrated approach, our services eliminate the need to manage numerous service providers — payroll processors, bookkeepers, CPA firms. Our partnership frees up your time to focus on other aspects of your daily operations.
- Keep all of your accounts up to date with AP/AR and bank reconciliation
- Stay on top of compliance with fund accounting, grant management, & more!
- Track it all with reports that are available on-demand when you need them
Accounts Payable & Receivable
Our dedicated account specialists ensure everything is processed within 1-business day and according to your wishes. And, with our private and secure portal, you can easily manage your account from anywhere, any time.
Bank Reconciliation
Accurate and timely bank reconciliations are critical to every organization and we treat them accordingly — all of your accounts will be reconciled and in balance within 1-business day, at all times.
Cash Flow Forecasting
Maximize visibility of your cash to always understand the impact of decisions -- allowing you to optimize your cash, ensure your capital position & build a runway for growth.
Cloud-Based Reports:
Up to the minute access to any and all financial information including income statements, balance sheets, accounts receivable aging, invoice registers and cash requirements reports. And, you will no longer need to pay a CPA firm to prepare your financial statements since we do it for you.
Payroll
We take the hassle out of your payroll processing. We handle everything from entering hours to filing your tax returns. And with our full payroll processing, high service fees will be a thing of the past.
Learn How We Tailor Our Services for Non-Profit Organizations
Transom Group’s breadth of experience with non-profit organizations gives us expert insight into the nuances of working with grants and donations for fund accounting and oversight.
Board Liaison Services
Our management team is well qualified to act as the financial liaison and advisor to your Board of Directors. We provide concise and meaningful information and advice to Board members and our services help them to comply with the fiduciary responsibilities of being on a not for profit board.
Grant Reporting
Our partnership ensures full compliance with all grant reporting guidelines and accompanying financial statements. Including assistance properly recording and tracking grants.
Fund Accounting
We work closely with fundraising/membership department(s) to track donations and are expert in all types of fund accounting including general, special revenue, debt service and capital projects. We also work to ensure that there is balance management and reconciliation of grants receivable, unrestricted and temporary restricted funds.
