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.