Finance & Accounting Service offering

General Accounting	Cash Management	Transaction Processing
Reporting and MIS
Expense Accounting	Bank Reconciliation	Accounts Payables
Fixed asset accounting and management	Cash application and balancing	Accounts Receivables
Payroll and benefit administration	Cash flow analysis	Billings & Collections
Accounts Reconciliation	Funds flow analysis	Cash Disbursements
Federal Tax calcualtion and Accounting		Regulatory and Compliance Processing
Financial Analysis

Apart from General Accounting, Treasury/Cash Management & Transactional Processing we can also associate with our clientele for the below value-added assignments.

• Accounts Reconciliation & Statement Preparation
• Financial Analysis & Reporting
• Process Mapping, Gap Analysis & Reengineering
• Policy & Statutory Compliance Documentation
• Sarbanes-Oxley (SOX) Act Compliance and Audit Support

Accounts Receivables

Promantra's receivable experience is extensive. We improve client cash-flow and reduce days in A/R, collection ratio and increase likelihood of payments through timely follow up. Our clients typically experience; improved cash flow and working capital, reduced AR delinquency and write-offs, reduced denials for claims and deductions.

Our services include:

• Accounts Receivable, Credit and Collection.
• Follow-up of pending claims and resolution of denied claims.
• Follow-up calls with various Payors for denials.
• Follow-up for underpaid claims.
• Coordinate with facility SPOC for submitting additional forms for documentation denied claims.
• Periodic collection calls to Private Residents.
• Terminated Contract Receivables
• Retroactive Adjustments and Customer Underpayments.

Accounts Payables

Promantra Accounts Payable services include an end-to-end solution for managing receipt, processing, and payment of our clients' invoices.

The list of AP Services includes:

• Maintenance of Vendor Masters
• Processing of vendor Invoices like Equipment suppliers / Utility vendors / Component suppliers
• Processing of Employee Reimbursements / Payroll Advances / Garnishment etc.
• Verification into proper Authorizations
• Maintaining Lease Schedules
• Reporting of Vendor Aging & Activity
• Prompting the Clients on Due dates
• Printing of Vendor Checks
• Providing a Report on Cleared V/s Outstanding vendor checks
• Issuing Year End 1099 Forms

There are many benefits to be derived from partnering with Promantra for AR & AP Services.

These benefits include, but are not limited to, increased cash flow, reduced operating costs, fewer delinquencies resulting in lower collection costs, and improved Resident service.

General Business Accounting

General Accounting, Fixed Asset and Depreciation Accounting, Treasury & Cash Management, Book Closing and preparation of Statutory Reports, preparation of customized MIS reports and Metrics for Performance Review and Accounts Reconciliation.