Lion Back Office Virtual and Contract Administrative Services:
The Lion Back Office Group offers a full suite of contract ,virtual administrative and outsourced solutions for business. The Lion Back Office Group has extensive experience with full charge bookkeeping services including payroll, invoicing , and vendor payments. Our solutions can be utilized for businesses who are willing to work with us to build the appropriate solutions. Controls and processes can be tailored to work with the industry. The key is for business owners to allow us to provide a standardized process that allows for owners and their employees to interact with our firm and provide the appropriate level of service.
Bookkeeping and Financial Reporting:
Business owners must be aware of their financial results. Numbers provide insight into how a business is operating. Are your marketing plans generating the revenue to justify the cost? What is your profit margin? When you mark up on services provided are you able to capture all your cost to insure that your margin is enough to cover all the overhead cost? Financial reporting can provide business owners tools to evaluate those questions. With our teams, we will input your income and expense, and we will record all your capital expenditure (building, vehicles,etc). In addition to inputting all the financial activity, we will reconcile your bank accounts as well as your credit cards. In addition, we will track loan balances and track the payments to interest and principal.
Payroll Services:
The Lion Back Office Group provides payroll services for small, medium, and large business owners. The Lion Back Office payroll solutions provide stream lined payroll processes (including web based portals). By bringing the Lion Back Office team on board for payroll solutions, you will be able to focus on your core business. Our payroll solutions include options for web based portals, direct deposit, payroll tax filings. Our goal is to meet your payroll needs in a cost effective, quality manner that insures payroll is run in a timely manner.
Receivables And Payable Management:
The Lion Back Office Group provides clients the option to utilize our firm for invoice creation, electronically send the invoice, electronic payment reminder, mailing collection letter, but formal collections proceeding will have to be taken to lawyers. In addition to receivables management, we will also manage a business owner's payables. Owners not only need to receive their income, but they must also pay their bills in a timely manner. Our process for payable management requires vendors to send payment to our firm. After we receive the bills, we will scan the bills, and we will send it to the owner for approval via our digital approval methods. After the owner has approved the bill, we will send the payment out on behalf of the business to their vendors.