Empire Accounting Solutions Launches New Cloud Computing Website

January 3rd, 2011

Welcome to Empire Accounting Solutions’ new website. We are pleased to offer Next Generation Accounting Services utilizing Cloud Computing Technology.

What does this mean for you? It means we can offer you the highest quality accounting and bookkeeping services more efficiently than ever by using the internet and internet based services to process information, securely maintain your financial data, and enable you, your staff and Empire Accounting Solutions staff to access your data 24/7. Most importantly, it allows us to generate financial statements and analyze your financial results in a timely manner by streamlining the workflow processes. The best part of all is that we offer our services at a very competitive fee.

How do we accomplish this? We become your internal accounting department: paying bills, posting cash receipts, balancing checking accounts, preparing payroll and payroll tax returns, producing W-2’s, and preparing monthly financial statements.

What are the steps in this process?

  • You fax or email digital copies of your vendor invoices to a secure portal as you receive them. We post this information to your accounting software (typically Peachtree or QuickBooks). We pay the bills when they are due based on your approval process, ensuring your cash flow is adequate.
  • You fax or email cash or accounts receivable deposit information which we promptly post to your checking accounts.
  • Using a secure portal, you login to your checkbook 24/7 to review current checking account balances.
  • You send us bi-weekly payroll data, we process your payroll and your employees are paid via direct deposit and have access to online pay stubs. We post payroll information to your accounting software immediately after payroll is processed to ensure up to date cash balances are represented in your checking account.
  • We prepare monthly financial statements by the 15th of each month.

How does this benefit you? It benefits you by saving you time and money. With our systems, procedures, experienced bookkeeping staff and CFO oversight, we become your off-site accounting department, saving you the time and effort required to manage that function in-house. You realize direct cost savings by eliminating labor overhead costs including employer payroll taxes and paid time off.  In addition, you realize indirect cost savings by eliminating office space for bookkeeping and accounting staff, the IT costs required to maintain an internal accounting department and the managerial costs inherent in supervising an internal accounting department. This is a huge relief to most business owners.

Contact us now to see how your firm can begin saving time and money.

We love what we do.  Come up and join us in the Cloud, we think you’ll love it too!

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