Velan Leading the Way
in Remote Bookkeeping & Accounting Services
Velan has an impeccable record of delivering remote bookkeeping & accounting services to nationwide growing and changing businesses in all industries. Accounting is a vital processes in running any business efficiently and profitably. Our service offerings cater to a wide spectrum of clientele across the globe. Velan's outsourcing services are focused at helping customers with the accounting requirements and significantly reducing the operating costs of their finance department.
Our outsourcing service includes all four stages of accounting processes.
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Recording financial transactions in the books of business,
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Classifying the transactions into meaningful and orderly types.
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Summarizing the accounting data into useful reports.
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Interpreting the financial data to assist decision making.
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18
Years in Business
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900+
Happy Clients
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2500+
Projects Handled
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8000+
Invoices
Processed per month -
52000+
Bank & CC
Reconciliation in a month -
20+
Software Used
Why Chooses for Bookkeeping & Financial Services?
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Headed by CPAs, Velan has a team of accountants with strong accounting principles to offer bookkeeping and accounting services for CPAs, Firms and individuals.
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Proven process migration procedures allow us to successfully carry out outsourced accounting and bookkeeping activities remotely.
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The team at Velan has considerable hands-on expertise and is conversant with the latest guidelines and pronouncements on US GAAP, IAS and SEC regulations.
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Established processes coupled with redundant infrastructure allow our well-trained team to deliver reliable and accurate service.
Advantage Velan
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Proven Track Record
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Certified Professionals
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Certified Workflow Processes
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Scale Operations in Short Notice
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Expertise in Wide Range of Platforms
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Flexible Hiring Models
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Confidentiality & Security
Our Software Expertise Certification
Customized Outsourced Bookkeeping Solutions:
With our outsourced Bookkeeping service, we assist our clients to record their financial transactions using a software platform of their choice. Some of Velan's Bookkeeping Outsourcing services we offered and reports generated include:
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Entry of transactions
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Journal Entry
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Expenses Ledger
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General Ledger
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Payroll
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Automation for Credit Card Accounting
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Banking Automation Services
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Assets /Equipment Ledgers
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Custom Accounts payable automation
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Custom Accounts receivable automation
Velan Bookkeepers Working Model
We have various working models, and there is always one that suits your requirements. Our customized bookkeeping services cover the entire scope of bookkeeping and customers have the flexibility to choose the type of services required.
We offer:
We at Velan understand the importance of maintaining the confidentiality and security of our client's data. We have physical, administrative and technical safeguards in place to ensure data security and confidentiality.
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Full-Charge Accounting
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Month-End Bookkeeping
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Weekly & Bi-weekly Bookkeeping & Hourly Support
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Your Peace of Mind Our Data Security & Confidentiality
Unlock Powerful Financial Management for Your Business" Manage books over $1 billion with seamless integration across all platforms. From small businesses to Fortune 500 companies, we deliver nationwide. Start Optimizing Your Finances Today!
Let Us Simplify your Outsourced Accounting Needs?
Online Accounting Service We Provide
We prepare reports that enable the business owner to analyse their revenue and expenses better. Some of our accounting services include:
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Custom Automation for AP
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Custom Automation for AR
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Automation for Banking and credit card accounting
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Automate data export from POS software and import into Accounting Software
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Other custom automation for time consuming and repetitive processes
Accounting Service Offerings
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Income Statement (Profit & Loss)
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Cash Flow Statement
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Trial Balance
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Inventory Accounting
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Balance Sheet Reporting
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Financial Analysis (Ratio Analysis, P/V Ratio, NPV)
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Monthly/Quarterly Year End Review
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Fixed Assets Process Reports
Our flexible pricing model allows you to hire our services when there is a need and absolutely no overheads associated with employing our virtual service.
Outsourced Remote Controller Services
A controller throws deeper insights into financial performance of organizations by effective oversight of financial reporting process.
Our outsourced remote controller service offerings include
Bookkeeping process documentation & management
Budgeting & forecasting
Cash flow management & projections
Financial analysis & measurement of KPIs
What Are the Benefits of Utilizing
Velan's Remote CFO Service?
A chief financial officer (CFO) is responsible for analysing the financial strengths, challenges and gaps and providing strategic recommendations to businesses. Velan’s CFO support service offerings include managing the processes for financial forecasting and budgets, looking after the financial reporting process and offering key insights and advising on long term financial plans. We analysis into that data and offer key insights.
Velan's Remote CFO Service includes
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Cash flow forecasting
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Cost control measures
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Budget preparation & analysis
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Debt reduction
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Break-even analysis
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Resource utilization report
Outsourced SMSF Accounting in Australia
Velan is a specialist in providing Self-Managed Super Fund (SMSF) accounting, taxation and audit assistance services to CPA firms and fund advisors in Australia. Equipped with nearly a decade of experience in accounting of SMSF, Velan provides end-to-end accounting services for any SMSF in Australia. Every SMSF deliverable from Velan is of high value and cost effective as well. Velan works with latest web-based technology and efficient resources in providing premium SMSF services.
Our flexible pricing model allows you to hire our services when there is a need and absolutely no overheads associated with employing our virtual service.
Outsourced Accounting and Bookkeeping Services Process
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Gather Requirements
In this phase, we collect your business requirements and understand your business goals.
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Onboarding
We work together to set up systems, establish processes and clean up existing boks.
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Assesssment & Proposal
We assess the requirements collected and propose the level & scope of services, for approval, be it a bookkeeper, accountant, controller or combination of them.
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Operation Management
Commence regular services. Monitor performance & quality for continual improvement of service.
Our Expertise across Different Sectors in Providing
Bookkeeping & Accounting Services
Industries Served
Bookkeeping for Realty Businesses
Bookkeeping for Professional Services
Bookkeeping for Software Firms
Bookkeeping for Accounting Firms
Bookkeeping for Construction
Software Platforms List
What Working Models Does Velan Offer for Bookkeeping and Accounting Services?
We have proven methods of carrying out outsourced accounting and bookkeeping services. There are different types of remote working models to suit individual client's convenience. Here are the comparison of working models:
Working Models
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Offline
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Remote Desktop
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Online
Location of source information
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At Velan's office
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At your office
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Bookkeeping software provider
Ideal For
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Clients who want work done faster
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Clients who do not want
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Information to leave their office Clients who need access anytime
Our flexible pricing model allows you to hire our services when there is a need and absolutely no overheads associated with employing our virtual service.
Bookkeeping & Accounting Services Pricing Model
What Are the Initial Steps in Velan's Accounting and Bookkeeping Process?
Established processes at Velan ensure that we meet the expectations of our clients consistently. Here is a brief overview of the process flow practised at Velan in carrying out accounting and bookkeeping services.
Receive source data from the client in the form of scanned documents or downloaded statements from internet and conduct an initial review. Respond to client on missing source, if any.
Perform necessary activities applicable to the client (listed below, but not limited to).
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Check entries
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Bank entries
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Credit card entries
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Payroll processing
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Reconciling even client's check books to software balances
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Reconciling bank accounts with software and credit cards
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Review financials, both technical and conceptual, to ensure quality
Deliver all necessary financials to clients with necessary comments and observations within agreed time frame through secured channels. Respond to any feedback to meet clients expectations.
How does Velan ensure the confidentiality of client data?
We at Velan understand the importance of maintaining the confidentiality and security of our client's data. We have physical, administrative and technical safeguards in place to ensure data security and confidentiality. Some of the safety measures are:
Administrative Safeguards
Definite organizational security policies and procedures Designated information security officer Employee background check Confidentiality and non-disclosure agreement with employees Employee training on information/data handling Role based file routing/access control Role based file access Regular virus check Encrypted data transmission Audit/Access trail maintenance Periodic auditing Role based file routing/access control
Physical Safeguards
24-hour Manned Security Desk Restricted access to duplicating facilities like floppy, cd & printers Declaration of media & devices during entry and exit Secured workstation Backup, media & device Control Policy Video surveillance systems Call us today, or complete our Contact Form for a free evaluation of your requirements! We will discuss your specific needs and provide a customized proposal for your business.
Credentials
