Service Levels

The Right Level of Service and Support

Business is dynamic. Needs can and do change on a regular basis. That’s why Edward Thomas Associates has developed distinct service levels that can assist you wherever you are on your journey. We’d welcome to the opportunity to discuss how our service plans will deliver value to your business.  

Essential Accounting

Our Essential Accounting Service establishes a firm foundation to help your business be positioned for growth.  We’ll work to make sure your numbers are accurate and up to date, so that you will always know where your business stands financially.  Essential Accounting services include regular preparation of accounts payable, accounts receivable, bill paying and month end bank reconciliations.

Proactive Controller

Our Proactive Controller Service is all about helping you make better decisions and run a more efficient business. We analyze your key financials to create a picture of what’s going on inside your business. The Proactive Controller service provides hands-on cash flow management, weekly reporting on your current cash balance, and payables management. Through our dashboard reporting, you’ll be able to understand how your decisions are affecting profitability and cash flow, and how you can make improvements for sustainable growth.

Virtual CFO

Our Virtual CFO is focused on your future. We understand your financial data, and learn how to use it to grow a stronger business.Long-term scenario planning, infused with current data,  will help you predict the effect your decisions will have on your profitability and cash flow. Our Virtual CFO point of contact will enhance efficiencies such as time, money, and management and provide you with the experienced strategic support you need through bank relationships, weekly meetings, forecasting, and  company-wide KPIs.

Service Level Inclusions

We recognize that every organization Is unique and has its own set of needs and requirements. We welcome the opportunity to discover your specific needs and to customize a service level plan that will deliver the highest level of value. Below is a table that is intended to provide you a general sense of the types of services included by Edward Thomas Associates.

Typical Client Size: Under 10 Employees

Service Descriptions: Reactive

Price Average: $750/week

Services include:

  • Month End Close
  • Reconcile Bank Accounts
  • Reconcile Credit Cards
  • Other Account Reconciliation
  • Expense reports
  • Basic Financial statements
  • Pay Bills
  • Invoice customers
  • Coordinate with income tax preparers
  • Sales tax reporting
  • Basic Inventory Reporting
  • Monthly Meeting
  • Payroll processing

Typical Client Size: 10 – 20 Employees

Service Descriptions: Proactive

Price Average: $1,000/week

Services include everything included with Essential Accounting PLUS:

  • Account analysis
  • Analysis of KPIs
  • Bank relationship
  • Financial Statement Analysis
  • Operations Analysis
  • Cash management
  • Cash Planning
  • Budgeting
  • Other taxes (non income)
  • Regulatory reporting (e.g. annual information reports)
  • Vendor communication
  • Insurance application and maintenance
  • Management reports

Typical Client Size: 20+ Employees

Service Descriptions: Strategic

Price Average: $1,500/week

Services include everything with Essential Accounting and Proactive Controller PLUS:

  • Monthly management meeting
  • Weekly management calls
  • Forecasting
  • Strategic planning and consultation
  • As needed business consultation