Services

Business Services

Priti Lad Professional Corporation goal is to provide accurate and timely accounting services to guarantee that you stay focus on cultivating your business, while we manage your financial functions as well as guide you in the right direction for future growth and sustainability.

Cloud-Based Accounting

With the emergence of technology and cloud-based accounting, it is crucial that clients are properly educated on a multitude of topics, such as financial strategies, growth, and profitability.

By embracing technology, cloud-based accounting allows organizations the capability to access their data in real-time, ultimately increasing efficiency, while allowing for better business management.

Listed below are level of business services we offer to help your business succeed:


Level 1: Compliance Service

(Basic requirement)

Average investment of $1,500 per month.

Our Compliance service provides you with traditional accounting services such as bookkeeping, payroll, account reconciliation, preparing your monthly financial statements and more. We properly organize your financial records to ensure that your business operations run more efficiently on a daily basis and stay compliance with different level of government bodies.

Services include:

  • Full cycle bookkeeping & payroll services
  • GST/HST returns and payroll source deduction remittances
  • Preparation of Government related compliance forms, such as, T-Slips, ROE’s, WSIB, and EHT.
  • Cloud-Based Accounting and Document Management
  • Management Reports and review
  • Unlimited phone and email support

 

Compare


Level 2: Controllership

(Managing Your Business for Operational Efficiency)

Average investment of $3,500 per month.

To avoid the potential for a cash crisis, your accounting operations will be managed, for the purpose of drastically increasing the efficiency of your accounting operations, client billing, accounts receivable, accounts payable, and profit margins, while also controlling or minimizing the cost.

The average cost for hiring a full-time Controller can cost between $80,000 $150,000 not including benefits, and that doesn’t guarantee quality. Utilizing the Controller service allows you to decrease staffing and hiring costs, while also acquiring essential expertise and guidance that will increase scalability and efficiency, while reducing the risk of fraud.

Services Include:

  • All Compliance Services listed in Level 1
  • Client Invoicing, Revenue Recognition, Accounts Payable and Receivable
  • HR Functions, such as Benefit & Pension Administration
  • Project/Job Costing
  • Financial Analysis
  • Management Meetings
  • Liaise with External Accountant/Auditor

 

Compare


Level 3: Virtual CFO

(Strategic Development)

Average investment of $7,000 per month

Chief Financial Officer (CFO) not only brings leadership, direction and management of finance to the table but also, advice on long term business and financial planning as well as provide strategic recommendation to CEO.

Outsourcing a CFO is a cost-effective way to properly manage your finances, while you focus on the challenges of your organization. Without considering bonuses and benefits, hiring a full-time CFO can cost over $200,000 yearly. Utilizing the Virtual CFO service will provide you with expert support at a fraction of the cost. If you’re a growing business that needs professional advice for strategic planning, growth and sustainability, but can’t afford a full-time CFO, our Virtual CFO Services are a perfect fit.

Services Include:

  • All Compliance and Controllership Services provided in Level 1 & 2.
  • Budgeting & Forecasting for your business
  • Cash Flow Management
  • Development & Maintenance of Performance Measurements
  • Establishment and revision of company-wide key performance indicators (KPI’s)
  • Assist in formulating the company’s future direction and supporting tactical initiatives

 

Compare

Copyright © 2019 Priti Lad Professional Corporation. All Right Reserved. | Ottawa Web Design - WEBSHARK | Our Blogs