Managed Accounting & Compliance
Understanding each partnership is different, Chicago Transom Partners delivers comprehensive solutions for accounting and compliance. All individually tailored to meet your specific needs.
We blend technology, experts and best practices to provide unparalleled services. Our processes are meticulously designed to solve for even the most complex accounting and compliance challenges.
Our integrated approach eliminates the need to manage numerous service providers – payroll processors, bookkeepers, CPA firms – and frees up your time to focus on other aspects of your daily operations.
Payroll: We take the hassle out of your payroll processing. We handle everything from entering hours to filing your tax returns. And with our full payroll processing, high service fees will be a thing of the past.
Accounts Payable & Receivable: You will have a dedicated account specialist who will ensure everything is processed within 1-business day and according to your wishes. And with our private and secure portal you can easily forward us all of your transaction items and check your account status from anywhere at any time.
Cloud-Based Reports: Up to the minute access to any and all financial information including income statements, balance sheets, accounts receivable aging, invoice registers and cash requirements reports. And, you will no longer need to pay a CPA firm to prepare your financial statements since we do it for you.
Bank Reconciliation: Accurate and timely bank reconciliations are critical to every organization and we treat them accordingly — all of your accounts will be reconciled and in balance within 1-business day, at all times.
Board Liaison Services: Our management team is well qualified to act as the financial liaison and advisor to your Board of Directors. We provide concise and meaningful information and advice to Board members and our services help them to comply with the fiduciary responsibilities of being on a not for profit board.
Grant Reporting: Our breath of experience with schools and businesses gives us expert insights into grant reporting. Our partnership ensures full compliance with all grant reporting guidelines and accompanying financial statements.