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FINANCIAL SERVICES

Accounting System Design

To maintain any kind of successful business, the accounting system is crucial. All businesses require an accurate, streamlined accounting system to provide them with the up-to-date financial information that drives all their daily decisions.

An accounting system is a set of structured accounting devices, procedures and controls made operational with a combination of manual and computerized methods. These systems are designed to gather, record, classify and analyze timely financial data, which can then be translated into well-informed decisions.

The importance of a good accounting system means that it must be designed with great care. There are a few fundamental considerations for the design of any successful accounting system. First and foremost, the information must be collected, classified, and delivered to the specifications of your particular business. In this capacity, management is of particular use as they can help to determine what data will be most important, and in what manner that information ought to be furnished for optimal practicality. While possessing the flexibility to meet all the demands of the company in question is of exceptional importance, it is also crucial that the system is structured enough that it possesses an efficient network of internal controls and methods for reducing the chances of user error. Your system must also be quick so that it can provide up-to-the-minute data, while simplifying, instead of complicating, your work.

With these goals in mind, there are a few key components of a practical accounting system that must be addressed. If these issues are dealt with carefully, it is possible to design a system that provides for all incoming and outgoing finances, and delivers timely data with minimal manual input required

That’s why we are here

Managerial and Financial Reports

  • Our team is working hard throughout the month to put a final position between your hands, by a set of financial reports that reflect the performance and the work flow throughout the month, to help you to take decisions.
  • Recording data is the most important step in preparation of financial reports, so we focusing on this step, to insure that every financial transaction are recorded by the right way to get the desired results that’s help us on this process.
  • Data analysis is carried out by a group of professional managerial accountants, who have deep expertise and a broad vision for indicators of success.
  • These reports will be the indicator which will guide you to focus on the strength points to give it more time and efforts trying to create new chances , on the other side these indicators will guide you to fight the weak points and turn them to strength points.
  • Recommendations are the final step which opens your eyes on the new chances, new challenges and giving you multi choices to develop the performance in your medical center.                                                                                                                                                                                               That’s why we are here

Feasibility Studies

Adding new branch or new service is a good idea, but taking this decision require preparing studies about market, current financial position, service which I want to provide to customers and how many people in this area need this service, how I will provide this service by high quality and suitable price and etc.
All these studies are required to minimize the risk of losses, giving wide vision about processing of the project and to answer your main question, is this project will be profitable? Our team will answer your question by preparing full feasibility study for your new project.

That’s Why we are here

Taxes

Because we are with you from the start of year and we are aware to all financial transactions, so it will be easy to prepare the tax declaration at the end of the year according to the financial records that prepared by our team throughout the year.

That’s Why we are here

Auditing

An accounting audit performs a necessary function of assuring that a company not only is being truthful in its financial reporting but also that the company’s operations are working as intended

That’s why we are here

Billing

If you are contracted with private medical insurance companies or other corporates

Financial claims that should be prepared at the end of every month, and companies have roles and requirements must be executed in the financial claim. Due to our awareness of all corporates requirements (timing & documents) we prepare the financial claims and send it to the relevant section to review and approve our claims

That’s why we are here

Collecting Money

we collect your money from corporates and deliver it to you wherever you are On the other side, if you working in many hospitals and medical centers, our team will make a periodic follow up with these hospitals and medical centers to check that your financial benefits are recorded by the right way, and collect your fees in the right time.

That’s why we are here

Steps we always take in all projects

  • Situation Analysis

  • Action Plan

  • Evaluation

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