FAQs

1. Working with Francis Corporate Services

Do you have accounting software? What technology do you provide?

We integrate with the accounting software that you use and provide an intuitive analytics dashboard where you can monitor key financial KPIs, such as revenue growth, gross profit, net profit margin, runway, LTV, and daily reports. Additionally, our simplified presentation of financial statements, trend analysis, and management reports empowers you to make informed decisions with ease.

I have inhouse accountants. What additional value can you provide?

Our team brings a diverse range of skills to the table, including CFOs, tax consultants, certified accountants, and automation experts. By collaborating and brainstorming, we implement bespoke solutions tailored to your unique reporting requirements, best practices and processes that optimize your finance functions and reduce errors and fraudulence.

I have a complex business model - Can you provide custom solutions?

Our team of experts has extensive experience in designing customized chart of accounts and finance architecture that perfectly fits your unique business model. We understand that different accounting software have unique capabilities and we work with you to assess and analyze the best software for your business. Our team also specializes in streamlining complex financial models into simple, scalable processes that can be easily integrated into your accounting software.

What level of support is necessary from the owner/team?

Our streamlined process requires minimal support from your team. Simply provide us with necessary documents and access to data points, and we’ll handle the rest with ease.

2. Finance Concierge

What advantages can you offer me as a small business owner who uses accounting software independently?

Outsourcing your accounting tasks can free up your time to focus on growing your company, building your team, and doing what you love. Accounting requires specialized skills and knowledge about compliance and government regulations. If you enter data incorrectly, the reports generated by accounting software can be misleading. Learning accounting takes a significant amount of time, and it can be a highly human-intensive process. Trust our experts to handle your accounting tasks, so you can focus on growing your business.

How much time do you devote to my account?

We spend as much time as needed to get the job done. We do not charge clients on an hourly basis, so all of the time spent servicing your business — human, or otherwise — is included in the flat monthly subscription fee.

Who is entering the transaction level data into Accounting Software?

Finanshels is a full-service platform, where everything is managed by our in-house team of certified accounting experts. Entries into Accounting Software are made by a blend of human financial experts in collaboration with our AI-powered technology platform to deliver 100% accurate books.

What qualifications do the Francis Corporate Services Finance Experts have?

The Francis Corporate Services Finance Team is made up of Accountants, Chartered Accountants (CA), Tax Advisors and Chief Financial Officers (CFO) with a collective 100+ years of experience. Beyond their respective degrees and years of experience, each Francis Corporate Services Finance Expert has completed certifications for the core accounting and financial services used at Francis Corporate Services (Zoho, Bill.com, Expensify, etc.).

Does Francis Corporate Services handle transaction categorizations and receipt management?

Yes! We review, update, and fix every transaction categorization on a daily basis, and ensure receipts are properly attached within your accounting software. Francis Corporate Services also manages all receipts for you in a central Google Drive location.

What is the Francis Corporate Services Finance Concierge?

Rather than having to juggle different contacts for different requests, the Francis Corporate Services Finance Concierge serves as a single point of contact to reach your dedicated team of Francis Corporate Services Finance Experts (bookkeepers, CA/CPAs, CFOs, Tax Advisors).Customers can email [email protected] email address with questions or requests, or request a call with our finance team at any point in time.

Are you an accounting firm? How are you different?

We are not a traditional accounting firm. Think of us as a complete finance solution – offering access to CFOs, tax consultants, and certified accountants. Plus, we provide a real-time dashboard to track your metrics, integration with your bank accounts, payment gateways, and POS systems, and ready-to-use tools for expense tracking, payroll processing, and cloud-based document storage. Our automated technology stack acts as your dedicated finance department, eliminating the need for a learning curve.

Still have questions?

Get in touch to learn more about us