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100+
Clients Served
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5000+
Invoices Processed Per Month
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200+
Completed Projects
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15000+
Reconciliation in a Month
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250+
Completed Projects
Seamless Accounts Receivable for Better Cash Flow
Managing overdue payments and outstanding invoices will not be a hassle anymore. At Whiz Consulting, our brilliant end-to-end outsourced accounts receivable solutions help you with your billing process so your cash flow can be smooth. With us by your side, not only will your invoices be paid on time, but your financials will always be in check.
Outsourced Accounts Receivable Services We Offer
- Invoice Generation & Distribution
- Payment Collection & Follow-up
- Account Reconciliation & Aging Reports
- Cash Flow Forecasting & Management
- Credit Control & Risk Assessment
Challenges We Tackle for You
Managing accounts receivable will not be a headache for you. Let us handle your business’ financials so you can worry only about its growth. Let us save your costs, optimize your workflows, as well as reduce overdue payments.
Late or Unpaid Invoices
We will handle your follow-ups and make sure that timely collections are carried out properly. We will minimize overdue payments to reduce the risk of bad debt. While you dedicate your focus to running the business, we will handle the stress of making timely payments.
Disorganized Billing & Invoicing Errors
Our experts will handle each aspect of invoicing to make sure the details are correct and mistakes are avoided. Streamlining the billing process helps eliminate mistakes and ensures charges are billed correctly.
Cash Flow Gaps Due to Slow Payments
Effective payment schedules and follow-ups help you to expedite collections and bridge cash flow gaps. Our optimized accounts receivable process makes sure your business is running smoothly.
Transforming Accounts Receivable for Better Cash Flow
At Whiz Consulting, we simplify your accounts receivable process so as to make it an efficient and streamlined process. Our expert professionals, cutting-edge tools, and personalized solutions, all help to reduce collection time, enhance cash flow, as well as transform your financial operations. We handle everything from customer management to invoices, and this gives you time and freedom to grow your business.
Behind on
your books?
Take advantage of Catch-Up Bookkeeping, and you’ll never feel behind on your books again.
- Tailored Onboarding
- Seamless Integration
- Data Migration Support
- Dedicated Account Manager
- No Disruption to Operations
- Scalable Solutions
Switch to Whiz Effortlessly!
Whiz makes the experience of shifting to a new accounting partner easy and hassle-free. We make sure that there are no disruptions and that there’s a smooth transition when you switch to us. Let us handle the financial responsibilities while you focus on building your business.
Switch Now
Our Technology Partners
We empower innovation with personalized solutions with the help of our trusted and reliable partners.
Why Choose Us?
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Innovative Workflow
We leverage cutting-edge technology and best practices to create streamlined workflows that ensure accuracy, efficiency, and timely delivery of your financial reports.
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Seamless Collaboration
Our team works closely with you/team to ensure smooth communication and a deep understanding of your bookkeeping needs. Whether it's a quick update or a strategic discussion, we're always just a call away.
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Decade of Experience
With over 10 years of industry experience, we have a proven track record of helping businesses from various sectors stay organized and financially sound.
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Dedicated Experts
Our team consists of highly skilled, certified professionals who are dedicated to supporting your business. From accountants to financial analysts, we have the expertise to handle your unique challenges.
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Real-Time Insights
Gain a clear, up-to-date view of your financial health round-the-clock. Our real-time reporting and dashboards provide actionable insights that help you make informed decisions and drive business growth.
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Cost Savings
Outsourcing your accounting and bookkeeping with us means lower overhead costs. We offer scalable services tailored to your needs, helping you save on hiring, training, and maintaining an in-house team.
Client Testimonials
See how we've helped others achieve their financial goals with personalized solutions and expert guidance.
"Excellent work with invoicing automation and AP & AR processing. Highly recommended!"
Aaron Attwell
Director
"Excellent team to work with. Great work. Will use their service again for sure."
Jon Kontopos
Vice President
"Exceptionally understanding and competent team. A wonderful experience."
Andy Seth
CFO
"Your team has been outstanding, and we're truly grateful for the exceptional service you've provided in managing our accounting and bookkeeping. The positive outcomes and seamless interactions have been invaluable to us."
Kevin G. Gilles
Founder & CEO
"We wanted to thank you for all of the work and efforts you have completed on our behalf in assisting with the management of our accounting and bookkeeping over the last several months. We have had nothing but positive results and interactions with the Whiz team."
Christopher T. Wright
CFO
"Let me open by saying how pleased I am working with you and the team. It has been an excellent journey so far and I very much appreciate the efforts over the last year."
Kendall Schoenrock
President, SilverRock Ventures
" Love working with the team. Very reliable and responsible"
Nikolas Dimitroulakis
Co Founder
How It Works
We simplify the process to help you achieve your financial goals with ease.
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Seamless Transition
We ensure a smooth, hassle-free transition, minimizing disruption to your operations.
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Transparent Communication
We keep you informed at every step with clear, open communication.
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Accurate Finances
Our team provides precise financial tracking to ensure everything stays on budget and within scope.
Have questions in mind? Find answers here...
The key goal is to make sure timely payment collections, maintain correct financial records, and improve cash flow management. This is done through effective invoicing, reconciliations, and proper follow-ups.
A high turnover ratio represents efficient collections, better cash flow, and less bad debt risk. This clearly highlights areas so operational improvements can be carried out.
Accounts payable refer to what your business owes suppliers, on the other hand, accounts receivable represent what customers owe a business.
Accounts payable automation helps in reducing the time one spends on entering data manually, tracking it, and processing payments. Businesses can focus on optimizing their AR process and ensure the cash flow management is seamless.
Yes, automation tools can handle invoice creation, payment reminders, and reconciliations. It boasts efficiency and reduces errors.
Thousands of business owners trust Whiz to manage their account
Let us take care of your books and make this financial year a good one.
Accounts Receivable Services for Better Cash Flow
Managing cash flow is vital for business growth and financial stability. A well-structured accounts receivable process makes sure the cash flow is steady, mitigates payment delays, as well as reducing the risk of bad debt.
Get a CallAccounts receivable (AR) refers to the money owed to your business by the customers. This is money owed for goods or services that were delivered to the customers. AR is an important short-term asset that supports business operations. With effective accounts receivable management, you can balance boosting sales through credit all the whole minimizing payment risks.
Efficient accounts receivable management goes beyond sending invoices. These services make the process effortless by minimizing mistakes and improving cash flow system:
- Invoice Generation and Distribution
- Payment Collection and Follow-up
- Account Reconciliation
- Aging Reports
- Dispute Management
Accounts receivable turnover ratio measures the efficiency of the accounts receivable process as it is one of the key performance indicators (KPIs). A high ratio signals effective collections whereas a lower ration suggests collection issues or maybe that a business is too lenient with credit terms.
The formula for the accounts receivable turnover ratio goes like this:
Accounts Receivable Turnover Ratio= Average Accounts Receivable/ Net Credit Sales
Higher ratios indicate faster collections, which improves cash flow as well as providing funds for either reinvestment or operational needs.
