You’ll get the support your company needs with our industry experience, world-class financial management, and accounting software tailored to fit your unique requirements. Explore flexible financial solutions and find out how they can help you streamline financial operations and improve productivity, reduce costs, and speed your growth.

Franchises:

We can help franchises or franchise groups manage royalty payments, franchisee performance and overall franchise growth, analyze performance, and plan for expansion by:

·         Optimizing inventory, maximizing profitability, and controlling costs.

·         Managing the finances of your entire business while making it easy for each franchise or entity to function as an autonomous unit.

·         Helping you gain real-time financial and operational visibility tailored to your franchise business.

·         You can obtain a 360˚ view of your entire business, as well as individual franchises or franchise locations, with role-based dashboards, and rich reporting and analytics. Easily analyze data using a multi-dimensional approach to easily evaluate operational and financial information, as well as consolidated and local key performance metrics. Dig in to the data behind the reports with comprehensive drill-down capabilities across properties, locations, vendors, customers—or anything else important to your business.
Improve cash flow management and revenue forecasting with real-time visibility into current inflows, outflows, and revenue streams. We can assist you with mapping subsidiary periods, general ledger accounts, statistical accounts, departments, and franchise locations to their parent companies.

·         Ensuring strong financial controls.

·         Making it easy for staff to enter and view information for specific properties and locations—without giving them access to the financials of other locations or the entire business. Better control costs with sophisticated security and granular permissions and workflows that enable you to define user permissions for access to specific processes, transaction documents, or reports.

·         Easily manage complex financial structures.

·         By supporting virtually any operating or ownership structure—including fractional ownership and other complex franchise structures—even if various owners or companies control different percentages of each franchise.
We can derive consolidated financials across multiple business franchises—even across franchise entities operating in different currencies—and perform monthly, weekly, or daily closes. We enable each location or franchise entity to operate independently—using its own chart of accounts, taxation rules, and financial reporting requirements—while managing real-time consolidations from the parent company.
Gain a global view of consolidated financials for your entire organization, and drill down to entity source transactions, real time receivables, and payables. We automate inter-entity consolidations and eliminations, saving hours of manual, time consuming reversing entries.

·         We can assist with integrating franchise accounting software with business critical applications.

·         Dramatically reduce IT costs.

Healthcare:

We can help healthcare organizations—such as small offices and mid-sized partnerships, practices with hundreds of specialists, plus laboratories, surgical and urgent care centers, and assisted living facilities—increase revenues through faster and more accurate billing, reduce costs by automating manual processes, and make better, faster business decisions by gaining real-time visibility into operational and financial data.

·         Gain real-time operational and financial visibility.

·         Gain real-time visibility into all aspects of your business by tracking key operational and financial performance metrics. Our consultants will help align your healthcare financial systems with the key dimensions of your business using up to 13 dimensions to evaluate and improve your financial performance by patient, by staff member, by payer, by facility—or any other key dimension you use to manage your organization.
Keep an eye on the financial health of your overall business, as well as individual facilities or departments, with role-based dashboards and rich reporting and analytics. Improve cash flow management and revenue forecasting with real-time visibility into current inflows, outflows, and revenue streams.

·         Accelerate billing and collection cycles and automate partnership accounting.

·         Maximize revenue, minimize leakage, and improve forecasting accuracy by tracking 100% of services rendered—from invoicing every billable transaction to proactively managing costs. Quickly and easily customize your invoices to match your organization’s brand starting with out-of-the-box templates. Properly account for income, expense, and profits across complex corporate, operating, and tax structures.

·         Easily manage complex financial structures.

·         We provide the financial flexibility to support virtually any operating or ownership structure—including franchise operations, fractional ownership, and other complex holding structures—that you can track and close on a daily basis. Enable each facility or location to use its own chart of accounts, taxation rules, and financial reporting requirements while managing real-time consolidations from the parent company.
See a global view of consolidated financials across entities, and drill down to subsidiary source transactions, real time receivables and payables.

·         We can help integrate healthcare financial management with the rest of your business critical applications.

·         Ensure world-class security, governance, compliance.

·         Rely on an efficient, secure environment for sharing confidential financial information with employees or business partners—inside or outside the firewall. From our professional enterprise-strength infrastructure, to tier 1 data centers, backup and disaster recovery services, rapid response, and third-party certifications.

·         Take advantage of support for sophisticated security and internal controls, and a robust audit trail. Support evolving regulatory compliance rules for HIPAA, GAAP, and Sarbanes-Oxley.

·         Dramatically reduce IT costs.

Hospitality:

We can help hospitality businesses—such as single- and multiple-property hotels, restaurants, and tourism vendors—optimize operations, increase margins, automate manual processes, and make better, faster decisions.

·         Gain real-time financial and operational visibility tailored to your hospitality business. Get a 360˚ view of your entire business. Our flexible and extensible general ledger software provides a strong foundation for multi-dimensional planning, reporting, and analysis so you can track real-time performance centrally and across all of your locations. Dig in to the data behind the reports with comprehensive drill-down capabilities across properties, locations, vendors, customers—or anything else important to your business. Improve cash flow management and revenue forecasting with real-time visibility into current inflows, outflows, and revenue streams.

·         Ensure strong financial controls. We make it easy for staff to enter and view information for specific properties and locations—without giving them access to the financials of other locations or the entire business. You can control access to the system with sophisticated security and granular permissions and workflows that enable you to define user permissions for access to specific processes, transaction documents, or reports.

·         Easily manage complex financial structures.

·         We provide the financial flexibility to support virtually any operating or ownership structure—including franchise operations, fractional ownership, global business units, and other complex holding structures—that you can track and close on a daily basis. Enable each property or location to use its own chart of accounts, taxation rules, and financial reporting requirements while managing real-time consolidations from the parent company.
See a global view of consolidated financials across entities, and drill down to subsidiary source transactions, real time receivables, and payables. We automate inter-entity consolidations and eliminations.

·         We can help integrate financial management with business critical applications.

·         Dramatically reduce IT costs.

Nonprofits:

We can help nonprofits in every area—including charities, trade and membership associations, cultural institutions, charter schools, and faith-based organizations—handle fund accounting and grant management, gain control over finances, improve operations, increase transparency, and minimize costs by:

·         Providing anytime, anywhere access and visibility.

·         Make it easy for your entire organization to access your financial system from anywhere, at any time of day. All you need is an Internet connection and a web browser, so your staff can work from any location. Enable volunteers to enter time and expenses from anywhere, and provide online dashboards and reports for your donors and board members.

·         Robust fund accounting and grant management.

·         Ensuring appropriate stewardship of donations and grants.

·         Managing an unlimited number of funds, grants and donations.

·         Tracking grant and fund management by KPIs.

·         Monitoring and tracking budgets.

·         Helping your organization review budgeted amounts, dollars spent, committed funds, and available budget by quickly producing comparative statements for your management staff and board of directors showing the budget-to-actual position for your programs, grants, departments, and other cost centers. We can easily estimate future periods and calculate forecasted financial positions, including ‘what-if” scenarios for better decision making.

·         Helping to streamline reporting and compliance. We can quickly produce a variety of standard nonprofit financial management reports, including FASB-compliant financial statements. We easily report on multiple fiscal years, can produce custom, multi-fiscal-year reports, or format custom reports to your specific requirements. We can set up an unlimited number of financial statements and save them for future use. Ensure compliance with federal reporting requirements, including:

·         FAS 116: accounting for contributions

·         FAS 117: financial statements for nonprofit organizations.

·         Segregation and auditing of uses and sources of funds

·         501(c)(3) charitable vs. non-exempt activities

·         IRS Form 990

·         Simplifying grant management.

·         We can easily track grant details, reporting periods, indirect cost rates, notes, custom fields, and much more. We monitor your organization’s budget position using role-based dashboards to ensure proper fund administration and spending. We measure the effectiveness of your organization's programs and demonstrate your financial responsibility to grantors, volunteers, and others.

·         Dramatically reduce IT costs.

Faith-based:

We can help faith-based organizations of all types—individual churches or synagogues, independent community ministries, regional diocese or archdiocese, denominational headquarters or federations, or even an international missions or mega-ministries by:

·         Helping you gaining real-time financial visibility and operational insights.

·         Keeping a pulse on the financial health of your entire organization—as well as the health of individual projects—using a multi-dimensional, multi-ledger architecture. Gain a single source of truth by providing key stakeholders with real time, consistent information. Access summaries, balances, and transaction details instantly with real-time, automatically synchronized, general and sub-ledgers. Take advantage of multidimensional, multi-ledger architecture optimized for financial and operational reporting.

·         Ensuring strong financial controls.

·         Effectively managing compliance, while reducing costs and risk. Automating purchasing and employee expense management. Defining custom approval workflows for purchase requisitions, purchase orders, and employee expense reports. Making it easy to define multiple levels of approvers using flexible approval processes. Managing and enforcing compliance with comprehensive audit trails.

·         Streamlining reporting and compliance, while ensuring proper stewardship of funds.

·         Ensuring control and regulatory compliance. Compliance with nonprofit accounting and tax standards. Segregating, tracking, and audit uses and sources of an unlimited number of funds. Tying time and expenses at the employee, task or project level back to one or more sources of funds. We manage complex accounting standards, federal and industry regulations, including FAS 116, FAS 117, 501(c)(3), and IRS Form 990. Configuring all reporting, analysis, modeling and planning to cross fiscal periods and to span multiple fiscal periods.

·         We can provide anytime, anywhere access for breakthrough financial and regulatory reporting.

·         Take advantage of always-on cloud services to enable all your stakeholders to view reports and dashboards securely in real time, at any time, from anywhere. Comply with very specific reporting needs using flexible financial reporting tools plus a large library of more than 150 built-in financial reports that support key regulatory reporting requirements. We help to improve cash flow management and expense reporting with deep visibility into current and projected inflows, outflows, and funding streams.

Professional services:

We can help streamline, automate, and unify financial and operational processes throughout the service delivery lifecycle to increase revenue opportunities, improve financial decision making, and boost profitability with project accounting, project management, and services resource planning software. Focus on delivering exceptional client value, ensuring project profitability, reducing costs, and improving your company’s bottom line. Connect project information with robust financial management, and establish a single source of financial data throughout the service delivery lifecycle with end-to-end solutions.

·         Gain real-time resource and project financial visibility.

·         Gain real-time visibility into all aspects of your services business—whether you’re interested in the most profitable clients, the true cost of projects, the cost tied to each service delivery employee, or any other aspect unique to your business—by letting us help you centralize all project-related financial and operational information on real-time, role-based dashboards. Improve cash flow management and revenue forecasting with real-time visibility into current project inflows, outflows, and revenue streams.

·         We can streamline and automate time and expense capture.

·         Maximize revenue, minimize leakage, and improve forecasting accuracy by making sure you track 100% of services rendered—from invoicing every billable transaction to proactively managing project costs. We make it easy for employees or contractors to enter time and expense from anywhere, at anytime. Boost the accuracy of invoices and reduce revenue leakage by automatically capturing client billable and non-billable time, employee expenses, and other project related costs.

·         We help optimize utilization by managing resources more effectively.

·         We improve resource utilization rates by helping you gain complete visibility into every aspect of your resource management needs, helping to increase overall resource utilization, and managing and deploying resources based on employee skills, interests, experience, and availability.

·         We can help you accelerate billing and collection cycles.

·         Gain deep insights into project costs, margins, and profitability, improving forecast accuracy for similar projects. Streamline the invoicing cycle by automatically generating invoices from timesheets, expenses, purchases, accounts payable, and other project-related transactions. Track even the most complex billing terms—including one time, recurring, fixed price, cost plus, and many more—with powerful project and billing rules and schedules. Quickly and easily customize your invoices to your company’s brand using custom or out-of-the-box templates.

·         We automate revenue management.

·         The way you bill customers may vary from the way you recognize revenue. For example, you may bill a customer 50 percent upfront and 50 percent upon project completion, but recognize the revenue at regular intervals as you deliver the service. We can automate the recognition and deferral of project-based revenue—saving your finance team time and improving accuracy.

·         We deliver real-time accessibility to your mobile workforce.

·         We can help make it easy for your increasingly distributed workforce and client-base to enter time and expense data from anywhere, at any time, so it’s available immediately to your professional services and finance organizations. Give distributed staff and stakeholders secure access to the most current data—at any time, from anywhere—using a web browser.

·         Dramatically reduce IT costs.

Software and SaaS:

Make more informed business decisions with comprehensive software revenue recognition management that provides real-time visibility into business performance. Ray CPA's principal officer spent years developing tax and accounting software. We understand the issues your finance organization grapples with every day—from complex, evolving software revenue recognition guidelines and a disconnected quote-to-cash process, to complex subscription billing and renewals management challenges.

·         We can help streamline the quote-to-cash process with seamless integration to Salesforce.

·         Ramp up interdepartmental alignment and collaboration, boost customer satisfaction, and slash order processing times from hours to just minutes: use Salesforce for lead, opportunity, quote, and front-office customer management, and let us handle the back office financial management and accounting.

·         Adapt and comply with evolving revenue recognition guidelines.

·         We can help you flexibly define specific revenue recognition templates and rules—whether you sell physical products, perpetual software licenses, subscriptions, or other types of services. We can help to reduce audit costs and easily comply with evolving standards and regulations from the AICPA, SEC, and EITF. 

·         We support complex revenue arrangements with multiple deliverables.

·         We can help streamline revenue recognition for complex contracts with multiple, bundled elements and varying delivery schedules with robust support for Vendor Specific Objective Evidence (VSOE), Third Party Evidence (TPE), and Estimated Selling Price (ESP). We automate revenue allocation across each individual element within an arrangement with flexible revenue recognition templates that enable you to easily defer the timing of recognition based on fulfillment status.

·         We help you maximize renewal revenue.

·         Gain complete control over your renewals process with powerful revenue management capabilities. Reduce revenue leakage, maximize billable hours, and improve pipeline visibility with proactive and automatic renewal management and activity scheduling. Make it easy for your sales team to use standard processes, methodologies, and tools to complete renewal orders, up-sells, or cross-sells by automatically triggering renewal opportunities in Salesforce.

·         Automate complex billing and order management.

·         Simplify billing for complex products and services that require one time, recurring, usage-based, event-based, percentage of completion, or other more complex billing options—with integrated quote-to-order-to-billing management.

·         Give your organization a single source of truth throughout the services delivery lifecycle by connecting project information and financial management. Proactively manage people, project tasks, and costs with easy-to-use project management automation, reducing revenue leakage, maximizing billable hours, and providing better visibility into project revenue, costs, and margins.

·         We can accelerate financial consolidation and close processes.

·         We provide financial consolidation capabilities for companies with multiple entities and those who transact in multiple currencies. Automate and control the financial consolidation and close processes, while also improving visibility with real-time intelligence to drive better business decision making. We can help you consolidate financials in real time, enabling daily closes.

·         Gain real-time financial and operational visibility tailored to your software business.

·         Our flexible and extensible general ledger software provides a strong foundation for multi-dimensional planning, reporting, and analysis. We can easily provide executives a global view of key performance metrics while capturing key granular financial and operational data using up to 13 dimensions.

·         Improve the return on your technology investment by dramatically reducing IT costs.

·         Take advantage of our cloud-based system to provide secure access to critical business activities from a web browser—at any time, from anywhere—without having to build or support a technical infrastructure.