Velan is a provider of IT and business process management services from the USA. Velan provides finance & accounting IT infrastructure and business support services.
Cloud services provided by Velan include cloud consulting, cloud transformation, cloud auditing, and cloud support & maintenance.
Velan provides outsourced bookkeeping services such as entry of transactions, journal entry, expenses ledger, accounts receivable & payable services, general ledger, bank account reconciliation, assets & equipment ledgers, payroll, and credit card reconciliation.
Outsourced accounting services include income statements, cash flow statements, financial analysis, inventory accounting, balance sheet reporting, trial balance, monthly year-end review, and fixed-assets process reports.
Additionally, Velan provides outsourced controller services which include bookkeeping process documentation & management, budgeting & forecasting, cash flow management & projections, financial analysis, and measurement of KPIs.
Velan provides Procure to Pay service that helps businesses with supplier management, query management, spend management, reconciliation, purchase order management, tax accounting, invoice processing, purchasing card management, payment disbursement & management, and master data management.
Another Velan service is Order to Cash end-to-end solution that includes order processing, customer query management, refind processing, credit analysis, credit & debit note management, invoicing, discounts, collections, dispute management, and reporting.
Recor to Report service offered by Velan includes financial analysis (sale, revenue, profit, and cost), portfolio & fund accounting, report consolidation, budgeting & forecasting, process documentation, trend analysis, variance analysis, cost accounting, month-end process, ABC analysis, and GL & FA accounting.
At Velan, with deep functional knowledge, a suite of finance and accounting services are delivered that enable finance leaders with control and visibility across processes. Diligent accounting services enable controllers to achieve higher degree of operational efficiency and meet the regulatory compliances. Financial insights derived out of our services empower businesses to understand current and past performance, predict future performance, highlight potential risks and make strategic business decisions. With over a decade of track record in offering finance & accounting services, Velan augments businesses across various industries with finance and accounting capabilities like Order to Cash, Procure to Pay, Record to Report, General Accounting and Financial Planning and Analysis. Accurate and timely F&A services of Velan assist businesses with better cash flow management and a positive impact on the overall growth.
With the latest technological changes revolutionizing consumer behavior and the increasingly competitive business environment, the need for organizations to be agile and nimble has become vital. Velan’s accelerators and enablers assist organizations in bringing down the resources utilized considerably which can then be funneled into the innovative growth initiatives for business development. Velan also helps businesses find the right direction for surplus funds by breaking down barriers that stem the organic growth of the organization and fostering digital initiatives.
Velan delivers cloud solutions to align with clients’ goals and assists in reaping maximum benefit out of cloud services. Cloud solutions are recommended to scale with the growth plans of clients. Cloud infrastructure designs are drafted with performance & reliability in mind. Optimum cloud resources are deployed for cost effective solutions. Care is taken to ensure digital assets of the clients are safe and secure.
ll businesses are under intense pressure to earn value on their operational assets. But no two businesses are alike. That’s why Velan delivers its Business Support Services with an agile and customized approach. Business Support Services extended by Velan make an organization's workflow more effective and efficient through its tailored and bundled solution. Our approach is a collaborative one, immersing ourselves in a business and becoming a strategic partner through all stages of growth.