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BMO Advantages
Clients get the expertise and support of a full service company, not just the capabilities of a single employee.
BMO allows you to
• Generate revenue and grow your business
• Significantly reduce the cost of maintaining an
accounting department
You save on - Salary and payroll taxes,
Employee benefits, Unemployment costs,
Costs associated with
recruiting, hiring and training, Overhead costs
to maintain staff ( rent, supplies, equipment,
furniture)
• Increase the level of quality, expertise and
experience associated with your financial
accounting function while gaining an unbiased
perspective
• Eliminate the impact of employee turnover at
your organization
• Remove management headaches associated
with administering benefit plans, hiring and
employee evaluations.
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Service Options
BMO services can be performed through On-line, In-house and On-site accounting.
On-line Accounting
This is a great service for a company that wants to have experts perform the majority of their bookkeeping tasks, while maintaining control and access to their data in a live, multi-user environment.
By on-line, you can still view information and perform bookkeeping functions at your own location. BMO will perform the majority of functions.
In-House
BMO In-house begins with a consultation and the creation of a customized service plan to establish your reporting and processing needs.
Your corporate financial information is sent to BMO for accurate processing by BMO's staff at our office. Once all bookkeeping services are conducted, quality control reviews are performed in an efficient manner to ensure a prompt turn-around.
On-Site
BMO on-site services are provided by BMO staff at your offices on a regularly scheduled basis.
At your office, BMP will perform all accounting functions required using the technology and resources you provide. Both the bookkeeper and account executive will consult with you to gain an understanding of your needs and learn your account
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Services for Clients
• Cash management
• Comprehensive financial reporting packages to
meet your needs including balance sheet,
profit and loss statement, statement of cash
flow, general ledger and budget vs actual
reporting
• Reconciliation of all bank and credit card
accounts
• Accounts payable
• Accounts receivable and collections
• Budgeting, forecasting and cash projections
• Comprehensive payroll administration
• Internal and external audit interface
• VAT and Corporate tax returns
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