Transforming, managing and empowering your dental practice

We help you optimize your processes, people, technology, and methodology.

Mueller dotKonnect has extensive experience working with dental practices and understands the issues typical of your sector. We help with the unique challenges faced by dental practices in managing finances, accounting, tax compliance, and payroll.

Our tax planning strategies help dental practice owners save valuable tax dollars which they can then invest into the practice. The additional investment into the practice enhances the value ahead of a potential sale.

Our Approach

Transform

Re-engineer Financial & Accounting (F&A) processes and systems using best practices to transform financial operations to support growth, increase revenue, and optimize costs

  • Trusted advisers to evaluate your practice’s current state and assess your organization’s readiness for future growth or potential sale

  • Solutions to manage back-office activities efficiently

  • Streamline and automate processes with appropriate controls unique to your practice

Manage

  • Monthly/quarterly/annual bookkeeping with monthly financial and management reports

  • Manage all parts of vendor bill entry and payment, process payroll, reconcile bank and credit card accounts

  • Calculate compensation per dentist for multi-doctor offices

  • Incorporate KPI’s from dental practice software into company financial reports and dashboards

Dedicate F&A specialists to manage your accounting allowing management to analyze revenue generated from various services and procedures

Empower

  • ROI calculations on new equipment purchases and identify opportunities to improve the financial performance of the practice

  • Monthly 30-minute calls with management to review financial results and discuss upcoming changes to the practice

  • Biannual tax review for proactive planning and tax saving strategies

Proactive management reporting and financial analysis, on-demand advice, and tax planning to empower the organization with valuable insights

Track important KPI’s for dental practices such as:

  • Appointment attendance rate - measure the percentage of scheduled appointments to completed appointments

  • Case acceptance rates - measure the percentage of treatment plans presented to patients that are accepted

  • Patient retention rate - measure the percentage of patients who return to the practice for regular check-ups and preventative care

Bookkeeping & Controllership

Financial & Finance Leadership

  • Bookkeeping & Compliance

  • Cash Management & Treasury

  • Reconciliations & Reporting

  • Month End Close Management

  • Financial Leadership & Advisory

Process & Technology

Finance Transformation & Shared Services

  • Accounts Payable Transformation

  • Cloud Accounting Software Implementation

  • Financial Reporting & Analysis

 

Specialized Functional Solutions

Software, Analytics Plus Service & Support

  • Accounts Payable & Employee Expenses (SpendX)

  • Payroll Service Management (PayKonneX)

  • Income & Sales Tax Preparation (SmartaX)