A large segment of our client base is comprised of various service-related companies. We have experience working with physicians, contractors, attorneys, telecommunications consultants, amongst many others. Many service businesses are not receiving the proper treatment and advice from their current accountants. Too often accountants serve as year-end advisors, offering a tax return, a financial statement, and little more by way of analysis or advice. While we certainly perform regular tax work for our service clients, we don't stop there. We offer proactive consultation on how to grow a business, and how to effectively manage such growth.
One of the areas that we have been able to generate significant returns for our clients is the area of billing. Many service firms employ primitive billing systems for their work, and even more primitive means for collecting on those invoices. We assist our clients in constructing a tailored billing solution that ensures that services are being properly tracked, accumulated, and billed on a timely basis. We then assist our clients in developing and/or enhancing their current collections process by installing a concrete collection policy and by utilizing third-party collections agencies to attack problematic accounts.
On the input side, businesses need to ensure that they are properly billing for their services. We help our clients develop sophisticated time-tracking systems that code and assign a rate to every second of work performed during employees' days. This provides a simple and effective approach when it comes time to send out your monthly bills. We have found that the implementation of such systems provides additional benefits to businesses. They provide a means to gauge employee performance by viewing the amount of billable time that you actually can collect on for them, and for identifying those that are spending their time on non-business-related subjects. We have saved our clients thousands of dollars by giving them a unique understanding of their billing systems.
This is just one example of how Cerini & Associates goes the extra mile for its clients. The service industry is vast and multifaceted. We have, time and time again, adapted to meet the needs of our clients. We want to understand your business, because once we do, our decades of experience in serving business owners can benefit you. Typical accountants prefer to employ an "I see you once a year approach" to handling your accounting. But we're more than just accountants. We provide our clients more than tax compliance. We want to see each and every one of our clients perform at the highest level possible. We do all we can to see that materialize.
If you want more information on how we have helped our service clients, or how we may do the same for you, please don't hesitate to contact us.
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