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Velan Bookkeeping

4.7/5 • Glassdoor rating

Overview

Velan Bookkeeping company structure

Velan bookkeeping with its 15 years of experience as an outsourced CPA bookkeeping services provider, offers Cloud Accounting and Bookkeeping, AR/AP, Payroll, and Controller services for various industry verticals. We cater to all types of clients, right from small businesses, and CPA firms to Fortune 500 companies spread across the USA.

Headquarters

8 The Green, Suite # 4539, 19901, Dover, DE

Public or Private

private

Seats or staff

100-249

Revenue

$25 mil. - $50 mil.

Industries
  • Ecommerce
  • Financial Services
  • Real Estate
  • Software Tech/IT

Details

Executive

Velan

Year Founded

02/13/2007

Countries of fulfillment
  • United States
Sectors
  • Outsourcing Consultancy
Contact information

+1 860 215 4997

https://www.velan-bookkeeping.com


About Velan Bookkeeping: Review and comparison

Velan Bookkeeping began in 2007 as a Business Process Outsourcing (BPO) organization. It concentrates on delivering accounting and bookkeeping services, including payroll and accounts receivables. The company serves clients from smaller “mom-and-pop” businesses to Fortune 500 conglomerates. 

Based in Dover, Delaware, Velan Bookkeeping is a publicly-traded organization. This BPO leverages cloud-based technology to meet clients’ evolving needs. Most of the companies on Velan Bookkeeping’s roster are in the United States. These organizations typically operate in the real estate, assisted living, and retail sectors.

Most recently, the BPO had revenues of $121.9 million. The company currently has around 500 employees. With 15 years of bookkeeping experience, this organization maintains certifications in popular accounting software platforms such as Bill.com. 

Velan Bookkeeping Outsourcing

This BPO takes advantage of the scalability of cloud-based accounting technology. Examples include QuickBooks and Xero. The sky’s the limit, given the company’s expertise in tax planning, accounts payable, accounts receivable, and financial reporting. Clients can benefit from this wide range of support services for all their financial needs.

The company also has Certified Public Accountants (CPAs) on staff. So, businesses can rest assured they’re getting reliable bookkeeping services. Velan Bookkeeping operates according to ISO 9001 and 27001 quality standards.

Velan Bookkeeping’s BPO services and pricings

Clients can expect to choose from the following services:

  • Bookkeeping and accounting
  • Financial accounting statements
  • Accounts receivables management
  • Payroll
  • Taxation services
  • Account reconciliation and historical reports

Velan Bookkeeping delivers these services for other CPA firms, SMB (small and medium-sized) businesses, and more. Some of the company’s specialties include real estate management and retail organizations.

Velan Bookkeeping’s pricing

The company offers monthly fixed or hourly rates. Another option is its project rate. Depending on a client’s needs, the price points for each of these tiers will vary. Per the company’s website, fixed pricing works best for ongoing needs. 

The hourly pricing structure may fit well with high-priority projects or ones with specific requirements. Project rates are good for mid to high-volume initiatives.

How Velan Bookkeeping outshines its competition

Velan Bookkeeping beats the competition by delivering value. It has over a decade of certified bookkeeping experience and handles books valued at over $1 million. The company doesn’t focus on making sales or using pushy tactics. Instead, it uses a customer service focus.

The BPO also provides always-available service with a sharp focus on meeting deadlines. Velan Bookkeeping meets tough industry quality guidelines. Its staff members are up to speed with various cloud-based platforms, including ADP. 

Key executives

Ravi Ponnusamy (CEO)

Ravi Ponnusamy has been the company’s CEO since 2007. His background includes experience in the telecom, financial services, and insurance industries. He has leadership and research assistant knowledge with degrees from Syracuse University.

Velan Bookkeeping reviews and comparisons

The company features several customer reviews on its website. These testimonials highlight the BPO’s willingness to work individually with clients. They also reflect the company’s expertise, commitment to quality, and efficiency. The BPO competes with other bookkeeping and accounting providers.  

Velan Bookkeeping’s contact information

Velan Bookkeeping’s main headquarters is located in:

8 The Green, Suite # 4539, 19901, Dover, DE

Further, you may virtually reach out the company through the following contact information:

In addition, you may email them at [email protected] or call +1 860 215 4997.

Velan Bookkeeping news, podcast & articles

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Velan Bookkeeping videos & images

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The Outsource Accelerator website has over 5,000 articles, 350+ podcast episodes, and a comprehensive directory with 2,300+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.

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