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Century Business Services, Inc., a services company, through its subsidiaries, provides outsourced business services to businesses of various sizes, as well as individuals, governmental entities, and not-for-profit enterprises throughout the United States and Toronto, Canada. The company delivers integrated services through three practice groups: Accounting, Tax, and Advisory; Benefits and Insurance; and National Practices. The Accounting, Tax, and Advisory Services practice group offers services in the following areas: cash flow management; strategic planning; consulting; record-keeping; federal, state, and local tax return preparation; tax planning based on financial and investment alternatives; tax structuring of business transactions, such as mergers and acquisitions; quarterly and year-end payroll tax reporting; corporate, partnership, and fiduciary tax planning and return preparation. The Benefits and Insurance practice group offers services in the following areas: employee benefits, brokerage, consulting, and administration, including the design, implementation, and administration of qualified plans; health and welfare benefits consulting; group life insurance programs; and accidental death, and dismemberment and disability programs. The National Practices group offers services in the following areas: payroll processing and administration; valuations of commercial, tangible, and intangible assets and financial securities; mergers and acquisitions and capital advisory services; health care consulting; government relations; process improvement; and technology consulting. The company also offers services in the following areas: billing and accounts receivable management; coding and automated claims filing; delinquent claims follow up and collections; compliance plans to meet government and other third party regulations; and local office management. The company provided services through 62 reporting units with approximately 160 offices located in 34 states, Washington D.C., and Toronto, Canada, as of December 31, 2003. Century Business Services was formed in 1987 under the name Stout Associates and changed its name to Republic Environmental Systems, Inc. in 1995 and then to International Alliance Services, Inc. in 1996. Further, the name was changed to Century Business Services, Inc. in 1997. The company has its headquarters in Cleveland, Ohio.
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