Law Firm Mergers & Acquisitions: A Guide to Integrating Financial Systems and Client Accounts
Each month, your bookkeeper organizes your business transactions and prepares financial statements. As caseloads grow or practice areas expand, support can be adjusted without hiring or training new staff. Firms reduce in-house overhead while gaining access to expertise designed specifically for the legal sector. The savings can be reinvested into marketing, client acquisition, technology, or […]
Understanding The Healthcare Accounts Receivable
One common measurement of A/R is “days in A/R,” which is calculated by dividing the total A/R by the average daily charges for the practice. Reviewing reports every other week is a common practice among healthcare providers. Though some providers review reports on a monthly basis, it may lead to delayed payments and increased AR. […]
