Full Service
Financial and Accounting
Adept monitoring of the financial resources of an organization is critical to its success and a primary concern of the board of directors. DMG will work in tandem with the financial officer of your organization to create realistic, achievable budgets with constant monitoring. Our professional team of finance specialists will provide the association treasurer with sufficient detail required for effective decision-making.- A customized chart of accounts with a structure allowing for reporting at various levels of detail
- Budget preparation and monitoring
- Accounts payable/cash disbursements
- Accounts receivable/cash receipts. Lockbox accounts at a major bank are utilized.
- Financial statements prepared at your desired interval. Financial statements are fully customizable
- Coordinated the annual audit/review and appropriate tax returns
- Establish investment policy and monitor to maximize returns
Integrated Database and Financial Solutions
The foundation of any organization's success is built on its financial strength and integrity. This is especially true in today's unpredictable economic climate. What keeps Drohan Management a step above the rest is the ability to integrate the Financial and Information Management Departments together. We maintain a strict system of internal accounting/database controls and procedures that ensure transactions are authorized, recorded and reported properly. The internal control system is augmented by written policies and guidelines, careful selection and training of qualified personnel, and detailed review procedures. Our system of controls and procedures are time-tested to ensure the highest levels of integrity and reliability. Our financial and database integration includes:- Dues billing/invoicing
- Accounts Receivable
- Accounts Payable
- General Ledger Interface
- Deferred income processing
- Refunds
- Custom reports
Our goal is to provide a basis for thoughtful and judicious analysis in order to create a financial and database framework that ensures financial membership stability and viability for client organizations.
Above all, our focus is on providing our client boards with peace of mind. Those who entrust us with the management of their finances and membership databases know that they are in the hands of proven professionals with the experience to execute flawlessly in a time-sensitive and cost-effective manner.