Do you struggle to get a good financial snapshot of your organization? Are your financial systems highly automated or are many processes still manual? Are finance and accounting taking valuable time away from strategic activities and what you do best? Rely on Virtual’s association finance and accounting services.
Virtual gives you access to an entire finance department, from the part-time services of a CFO for budgeting and forecasting to accounts receivable/payable staff. We handle your bank, investment and merchant accounts and VAT recovery process following international events. And we give you a financial dashboard so that you always have a clear picture of your organization’s fiscal health.
Our Association Financial and Accounting Services Include:
- Providing conservative financial stewardship to ensure group longevity
- Driving budget development, management and tracking
- Handling all the key operations – general ledger, billing, A/R, A/P, budgeting, monthly Board financial reports, filings, compliance
- Managing online merchant accounts and multi-currency transactions
-Most transactions are electronic via wire or ACH, increasing cost efficiency and security
- Overseeing third-party firms’ work on tax preparation, audits and VAT recovery