Provides a cloud-based platform for managing ownership structures, financial distributions, and business valuations for Ambulatory Surgical Centers (ASCs). The system automates cap table management, ensures compliance with DOJ and IRS standards, and offers free quarterly and on-demand enterprise-level valuation updates, reducing reliance on spreadsheets and saving ASCs over $12,000 annually.
Funding
Funding not disclosed
Founders
Product
Problem
Ambulatory Surgical Centers (ASCs) often struggle with managing complex ownership structures, tracking financial distributions, and obtaining accurate business valuations. Relying on spreadsheets and manual processes for these tasks is time-consuming, error-prone, and can lead to compliance issues with DOJ and IRS standards.
Solution
Atlas provides a cloud-based platform designed to streamline stakeholder management for ASC owners and administrators. The platform automates cap table management, ensuring accurate recording and reporting of ownership equity. It also simplifies the tracking and reporting of financial distributions to owners. Furthermore, Atlas offers automated quarterly and on-demand enterprise-level business valuations performed by certified valuation analysts, ensuring compliance with regulatory standards.
Target Audience
The primary target audience includes owners and administrators of Ambulatory Surgical Centers (ASCs) seeking to simplify stakeholder management, ensure compliance, and gain a clear picture of their business value.
Features
- Automated cap table management with unlimited stakeholders and free unlimited updates
- Online tracking and reporting of financial distributions with shareable reports
- Automated quarterly and on-demand enterprise-level business valuations performed by NACVA certified analysts
- Valuations that exceed DOJ and IRS standards for Safe Harbor compliance
- Secure data storage with advanced encryption protocols
- Shareable access for stakeholders