Why have BiLd Solutions produce your financial statements??
Time - BiLd Solutions can have your entire package of board Financial Statements in your hands within an hour. Finally, you can exchange statement preparation time with auditing/analysis time. Isn’t that a much better use of your time? It also gives your board the maximum time to review statements before the meeting, so they can be prepared.
Customized - We incorporate your budget. Your logo will appear on most pages. We use your words on our reports. Not happy with some aspect of our package? We can add columns, change columns or move columns to your specifications at little or no cost.
Cost - There is internal staff time and often there is the cost of outside systems support. How much does that cost? Now your internal resources can be reassigned and your outside system support costs cut.
Accounting Standards - Accounting standards are changing. How are you going to manage that? And at what cost? BiLd Solutions Financial Statements can keep your credit union current with the latest accounting standards.
Quality - Our Financial Statement package has a full set of professional looking financial statements and graphs in full colour.
History - There are historical tables and charts (available from your first report) that allow you to proactively spot trends early and make full advantage of those trends. Plus, when changes are made, those changes often apply to previous data, so most historical comparisons are relevant and consistent.
Flexibility - You can readily add new reports for a reasonable cost and that new report then becomes part of your monthly package for no additional cost. Not happy with some aspects of the financial statements? All reports are fully customizable, so we can change them for little or no cost. Budget and Branch analyses are there too.
Risk - Is there one key person who is responsible for putting your financial statements together? What happens if they leave? Outsourcing eliminates this risk. Also, you get a second opinion and that can translate into greater accuracy.
Our Financial Statements package was designed by Credit Unions for Credit Unions. Our objective is to minimize your time and effort. We work entirely from your system’s source documents – no programming needed on your part. Just give us access to your system files and we will email you your reports, typically within the hour.
View the financials here