why eprocesss pros

7/19/2010 1

REAL TIME TRANSACTIONAL ACCOUNTING SERVICESTHAT WILL REVOLUTIONIZE THE WAY YOU RUN YOUR

BUSINESS

7/19/2010 2

BUSINESS PROCESS OUTSOURCINGTHINK OF HAVING ACCESS TO NFL CALIBER

COACHING, SYSTEMS AND EQUIPMENT TO MANAGE

A LOCAL POP WARNER TEAM

7/19/2010 3

TOP 5 REASONS COMPANIES OUTSOURCEExecutive Survey: The Outsourcing Institute's Annual Survey of Outsourcing End Users

1. REDUCE AND CONTROL OPERATING COSTS

2. IMPROVE COMPANY FOCUS

3. GAIN ACCESS TO WORLD-CLASS CAPABILITIES

4. FREE INTERNAL RESOURCES FOR OTHER PURPOSES

5. RESOURCES ARE NOT AVAILABLE INTERNALLY

7/19/2010 4

SERVICE OFFERING

BUSINESS BOOKKEEPING AND GENERAL TRANSACTIONAL ACCOUNTING - ALL BEST PRACTICE BASED.

TECHNOLOGY PLATFORM HOSTING, WORKFLOW MANAGEMENT AND SUPPORT

CONTROLLER / CFO SERVICES

FINANCIAL ADVISORY SERVICES

7/19/2010 5

FULL CHARGE BOOKKEEPINGACCOUNTS RECEIVABLEACCOUNTS PAYABLEACCOUNT RECONCILIATION INVENTORY ACCOUNTING

FINANCIAL MANAGEMENTCASH MANAGEMENTMONTHLY CLOSINGMONTHLY FINANCIAL ANALYSIS AND REPORTSPERIODIC TAX FILING

ACOUNTING SYSTEM HOSTINGREDUNDENCYBACK-UP

7/19/2010 6

YOU SEND:• INVOICES• BANK STATEMENTS• CREDIT CARD

STATEMENTS• DEPOSIT DETAIL• PAYROLL REPORTS

YOU RECEIVE:• CHECKS FOR

SIGNATURE• FINANCIAL

STATEMENTS• MANAGEMENT

REPORTS

eP2:• MAKE JOURNAL ENTRIES• PROCESS CHECKS• RECONCILE BANK A/C• RECONCILE CREDIT A/C• RECORD DEPR./AMORT.

7/19/2010 7

eP2 Benefits Provided: Delivery Process: Benefit to You:

Ability to allocate resources to the growth and operation of the business

Resources devoted to accounting can now be allocated to sales and promotions

Generate more revenue by reallocating resources from bookkeeping to selling

Receive accurate, comprehensive financial information more frequently

Accounting is usually processed weekly, so up-to-date information is more readily available

Ability to make better proactive strategic and management decisions

Increases internal controls by separation of duties for key financial processes

Eliminates occurrence of one person who processes payables, writes checks and reconciles the bank statements

Reduces risk of loss due to financial fraud and theft

SERVICE BENEFITS

7/19/2010 8

eP2 Benefits Provided: Delivery Process: Benefit to You:

Eliminates the need to address accounting employee turnover, vacation, sick leave, etc.

Back office function is provided by a "firm" rather than a person; therefore, no interruption of processing

Time saved from having to focus on understanding accounting changes and validating journal entries

Vendor relationship management and accounts payable analysis

Confirm vendor pricing accuracy; match payments with invoices; document and adhere to payment date terms

Reduces risk of duplicate invoice payments and provides cash management optimization

Reduces risk of late or underpaid taxes

Frequent processing allows for timely monitoring of tax payment schedules

Money saved from potential tax penalties and interest

SERVICE BENEFITS

7/19/2010 9

eP2 Benefits Provided: Delivery Process: Benefit to You:

Increases information confidentiality

Sign-on ID and password are required for review and for receipt of financial statement hard copies

The integrity of financial information is strengthened by having accounting processed independently at a different location

Provides basis for a Disaster Recovery Plan

Accounting information is stored and backed up off site

Historical accounting can be restored on any computer if needed

Services and reporting are customized to fit your needs

Interviews conducted to document workflows and reporting needs

Development of both individual store reporting and combined performance reporting

SERVICE BENEFITS

7/19/2010 10

FREEING YOUR TIME TO DO WHAT YOU DO BEST FOR YOUR BUSINESS

EPROCESS PROS WILL PROVIDE : BEST PRACTICES FINANCIAL COMPLIANCE AND SECURE WEB BASED APPLICATIONS AND INFORMATION STORAGE

WITHOUT: PERSONNEL HIRING, TRAINING, OR BENEFITS COST

AT: AT A FRACTION OF THE COST OF A BOOKKEEPER