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Managing cash flow can be a complicated and challenging process, especially for small businesses. Business owners not only need to plan ahead and pay bills on time, but also keep good records. Take managing Workers' Compensation payment as an example. Workers' Compensation insurance usually requires large initial deposits. Monthly premium payments can be underestimated leading to a large final audit payment, which is a cash flow nightmare. A missed payment could lead to significant consequences. BOSS' Cash Flow Management helps you to manage these challenges.
As part of our ASO bundled services, invoices for insurance are sent to us and we pay your bills on your behalf as they come due. All of your insurance premiums can be calculated into one regular payment per payroll schedule. Each month you will receive a bank reconciliation packet listing the details and transactions of your account. Services also include a financial review of your insurance premiums.
Our Cash Flow Management services are our way of taking good care of your business.
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