Assisted Living Assisted Living

Assisted Living

Boost Care Quality: Advanced F&A Solutions for Your Assisted Living Business

Operating senior or assisted living facilities involves navigating numerous complexities. Amid frequent market and regulatory changes, these businesses are expected to deliver top-tier personal care, turning financial tasks into a strain on onshore resources.

QX Global Group’s business solutions offer the perfect balance. We streamline your financial operations and automate routine tasks, redirecting the focus back to your core mission. Partner with QX to free up your resources and enhance client care.

Services

Property Accounting

  • Bookkeeping & Accounting
  • Accounts Payable
  • Revenue Recognition
  • Bank Reconciliations
  • Deposit Management
  • Expense Recharges
  • Refund & Amendments
  • Budgeting & Forecasting

Development Accounting

  • Accounts Payable
  • Job Costing
  • Project Costing
  • CIS Data Management & Reporting
  • Retention Ledger
  • WIP Accounts
  • Balance Sheet Reconciliation
  • Accounting & Bookkeeping
  • Drawdown Working

Management Accounting

  • Accruals
  • Prepayments
  • Balance Sheet Reconciliations
  • WIP Account Reconciliations
  • Retention Account Reconciliations

Investment Accounting

  • Lender Reporting
  • Rent Reserve Working
  • Drawdown Working

Lease Administration Services

  • Verification of parties to lease agreement
  • Tenant Space Information
  • Term, Lease Index & Notes
  • Base rent & Renewals and Abatement/concession
  • Lease Audit
  • Deposit Information
  • Late Charges
  • Additional Rent (CAM/Operating expenses, RE taxes, Utility/HVAC, Insurance and other)

Benefits

Process Transformation

At QX, we excel in supercharging operations via cutting-edge industry practices. We sculpt seamless processes for our clients, eliminating inefficiencies and slashing costs, all while turbocharging productivity.

Smooth Transitions

Our team stands at the forefront of software migration, mastering its complexities with vast ERP system expertise and the strategic input of external consultants. We convert challenges into triumphs with seamless execution.

Skilled, Scalable Teams

Supercharge your projects with QX's adaptive models and agile workforce structure. We empower you to scale staff as needed, meeting precise demands while offering exclusive access to our committed training teams and dynamic e-learning platforms.

Automation Support

At QX, we partner closely with clients, understanding their unique needs. We then tailor solutions—whether it's crafting custom apps, merging existing tools, or harnessing automation—delivering a perfect fit that transforms their business.

Transforming Elder Care with Automation

The QX team is capable of working with all industry-standard software to transform F&A for your senior living business. We are also flexible to including any additional systems in our solutions to suit your organizational needs.

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Resources

Blog

Top Accounts Receivable Problems Hurting Senior Living Businesses – And How to Solve Them

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Blog

Cost Optimization for Commercial Real Estate Companies: The Key to Navigating Recession

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Blog

Accounts Payable Outsourcing for Small Businesses: Common Mistakes & How to Avoid Them

Know More

Ready to unlock the potential of QX’s F&A solutions for the assisted living industry?

Book a Consultation