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Services

Our Mission

We help companies reduce cost and achieve peak cash flow by sharing Project Accounting, billing & cash collection best practices.

Project Accounting


  • We educate Project Managers, Project Accountants and Operations Management staff on project accounting and billing best practices from a Fortune 500 company methodology to drive profitability


  • Offer best practices for improving Cash Flow and Accounts Receivable Management


  • We utilize Lean Six Sigma (LSS) methodology to improve Accounting/Billing/Cash Collection processes 


  • Provide remote or local onsite Tailored Training Support for Project Accounting, Bookkeeping and Billing Needs 


  • Augment cash collection team or assume cash collection responsibilities with our strategic business partner who is a leader in the accounts receivable management space  


  • Offer leadership training to Accounting Management Team for People Development, retaining key staff and enhancing PM knowledge of project financials  


  • Our company uses LSS methodology for reducing/eliminating Debt/Cost for personal and business goals  


  • We promote people development and investment in continuing education for individual/company growth  


  • Use LSS tools to eliminate Rework (Revision), Duplication of Effort, Missing Steps (GAPS), Non-Value Added and Bottleneck Processes 


  • We partnered with BBAR for providing Best Bookkeeping practices for Civil Engineering, Construction Management and Other Professional Services (Entrepreneurs) companies


  • Secrets for cultivating a Winning Attitude in Achieving Personal and Business Goals 


Offer strategies for reducing and eliminating personal or business debt and building Cash Flow

Consulting & Training

  • Provide best practice consulting & training for supporting typical project accounting responsibilities, such as, administer fixed price & cost reimbursable contract execution to include subcontracts, change orders, and purchase orders; setup projects in the Accounting system, Monitor Project 


  • Performance, Billing/Cash Collections and Closeout; partnering with PM Team for healthy project execution 


  • Analyze project performance, labor multiplier, profitability, margin, work in progress and cost variances 


  • Proper Set up for Fixed Price (Lump Sum/Percent Complete) and Time and Material billing methods 


  • Analysis of Accounts Receivable Aging report and Reduction of At-Risk Accounts Receivable Accounts for Cash Flow improvement


  • Project Accountant responsibilities in support of project performance reviews 


  • Proper posting of Direct and Indirect Supplier/AP invoices for cost accounting 


  • Procedures for Proper Release of Supplier and Subcontractor payment releases


  • Client Payment Terms and Best billing practices for achieving cash flow goals 


Consult on best practices for reducing the risk for stolen or lost checks/untimely cash application   

Accounts Receivable Management, Billing & Cash Collection Services

  • Collect Customer/B2B Client payments and protect the client assets to include reputation building   


  • Accounts Receivable Management strategies and Cash Flow Improvement Tips   


  • Business Development and Project Management processes for improving Cash Flow  


  • Recommend strategies for reducing Days Sales Outstanding (DSO) for improving cash collections 


  • Reduce bad debt accounts (uncollectible accounts receivable accounts) with effective collection strategies   


  • Analyze billing methods/practices for improving cash collection and accounts receivable conversion  


  • Share billing portfolio/cycle management best practices for Improving Cash Flow 


  • Educate clients on tiered shared service practices for Billing and Cash Flow Improvements

Support For Personal Financial Goals

  • We utilize Lean Six Sigma (LSS) Methodology to eliminate debt/ improve cash flow/build long-term wealth


  • Share best practices for reducing/eliminating short- and long-term bills and debt


  • Strategies for improving your FICO Credit Score with Experian/Equifax/TransUnion Credit Agencies 


  • Recommendations in Retirement Planning and Investing for the future


  • Practices for continued Personal Development in Health/Wealth/Mind/Spirituality 


  • Secrets for winning Personal and Business Goals 

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PM&JM Financial Services, LLC

pmjmfinancials@gmail.com

(619) 200-3782

Copyright © 2023 PM&JM Financial Services, LLC, Al

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