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veelo provides the software, training, backup, redundant systems, and upgrades for all of your accounting needs at one low monthly cost. All of the horsepower is provided via the Internet, so your firm never needs to pay for time & billing hardware, software, training, upgrades, maintenance or conversion again.
We are different from other Application Service Providers in that we will actually perform the day to day billing operations for your firm as well. The level of service needed for your firm is up to you. Below is a listing of veelo.com's two basic service offerings. We realize that each firm's requirements are different. If your firm's needs do not fit into either of the schedules outlined below, contact us - We'll find the solution that's right for you.
Schedule I Services
This is the ideal schedule for the law firm needing to outsource billing and bookkeeping administration. All the firm needs to do is to enter time, expenses and write checks. The rest is done by a trained professional who is assigned to your firm. At the end of each month, we will review your reports and financial statements, and prepare a firm status assessment for your review. A firm utilizing Schedule I services will never need to hire a bookkeeper again.
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- Enter Fee Transactions - "time slips" and spell check
- Enter Expense Transactions if not imported
- Write Checks
- Make the daily deposit and fax veelo.com the daily deposit slip copies
- Review and edit pre-bill and bills
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- Enter new clients and matters - perform conflict check
- Run time delinquency report once per week & e-mail
- Enter all deposits and apply payments to a/r - daily deposit report and Cash Calendar
- Distribute all checks and vouchers - run open voucher report
- E-mail aged WIP report and print pre-bills at firm
- Perform bill preparation and finalization of bill
- Print bills at firm
- Post bills to A/R and General Ledger
- Run Invoice list and e-mail
- Post all GL transaction and create Balance Sheet & Income Statement monthly
- Run aged accounts receivable report, work in process report, net realization report, and cash receipts report
- Financial assessment analysis and Management summaries
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Schedule II Services
Schedule II law firms have in-house resources to complete their file maintenance, billing, accounts receivable and accounts payable. Even the best bookkeepers need quality software to keep your firm running.
If your firm currently employees a competent, cost-effective bookkeeper, Schedule II can provide you the power of veelo.com’s software without the services provided on the backend. veelo.com provides the necessary hardware, redundant systems, and software to run your billing systems at a lower cost, so you never have to purchase a time & billing system, or incur the costs associated with it, again.
Consider the Benefits:
COST - No more software/hardware upgrades or conversions. What is the true cost of ownership to purchase or lease the hardware and software you may need in the future? If you are not sure we will be happy to assist you. Consider our simple monthly pricing against the current and future costs associated with your billing and accounting software. Lastly, does your current software even provide you with what veelo.com can?
STABILITY - What happens if your bookkeeper is out on vacation or sick during an important phase of your business? Veelo.com will be there to assist you and provide the stability in billing and accounting that all businesses require.
REDUNDANCY - Do you currently have redundant systems in place for your billing and accounting system? We provide redundant servers for your data as well as guaranteed daily backups. Do you have a disaster recovery program in place so that in a worst case scenario your business can be up and running in a short amount of time? We have employed a simple but effective system to ensure that you and your business will always be able to operate from a billing and accounting perspective.
Hardware, Software & High Speed Internet Access
Your firm will not need to purchase any additional hardware or software for veelo.com's time & billing services. veelo.com provides a secured, private Internet connection high performance servers, running the best billing and financial software through Microsoft© Windows 2000 Terminal Server. Your firm will need a high speed Internet connection to utilize veelo.com to its fullest potential. Internet service is provided directly to you by your Internet Service Provider (ISP), and you should contact them for pricing. If you are unsure of which ISP to pick, veelo.com can assist you in establishing your Internet connection. A comprehensive listing of ISP's for any area in the United States can be found at www.thelist.com.
201 E. Kennedy Blvd. Suite 350 Tampa, Fl 33602 Tel: (813) 221-0376 Fax: (813) 221-0380 eMail - Webmaster
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