Get peace of mind with financial guidance and reporting from our experienced staff and Elysium's financial systems, customized for you.

• Financial Reports – Receive timely and accurate reports every month and at year’s end on an accrual basis. We include a profit and lost statement with budgeted vs. actual figures, cash disbursements, and delinquent receivables.

• Annual Audit – Elysium recommends an independent CPA firm to conduct an annual audit, review or compilation of the Association’s finances.

• Budgeting Process – Elysium prepares the preliminary budget for the coming year for the Association’s annual budget meeting. We then incorporate all changes approved by the Board and provide the Association with a final budget, including reserve schedules.

• Delinquency Assessment – Timely notification to owners and the Board of any delinquency. We respond quickly as directed by the Association’s guidelines. When appropriate, we will pursue delinquencies in tandem with Association counsel.

• Owner Payment Options – Residents can easily and conveniently make assessment payments by mailing checks directly to the lock-box, paying online by credit card or “e-check”, or setting up automatic debit from the owner’s checking account.

• Bank Accounts & Vendor Payments – Vendor invoice approval and check signature can be processed with paper or through an online portal. Accounts payable records are integrated with the financial reporting system and bank accounts are reconciled monthly.

• Association Employees – Streamline your association’s current employees into a single payroll and management system as needed.