How Accounts and Legal Cut the Fuss with iwocaPay
5
min read
How Accounts and Legal Cut the Fuss with iwocaPay
Our name is a giveaway but at Accounts and Legal, we offer all the financial and legal services a Small Business owner could need. From accounting, tax, corporate finance and legal work, we combine it all in one convenient package to simplify the process of running a business.
We work with business owners to make sense of the numbers, automate manual processes and help them achieve their dreams, whether that’s selling up, doubling turnover or even getting a solid 8 hours of sleep at night.
Most business owners start up because they’re good at what they do, not because they understand the numbers.
So if we can help business owners get a better grasp of the numbers so they can spend more time doing what they do best, then we’ve done our job.
Partnering with iwocaPay was a no-brainer.
We are very particular about the apps we partner with as their business plays a fundamental part in our own business. We're more than your typical once-a-year accountants, we meet quarterly with our clients to provide real-time data. That's what makes us unique and is why we need speed and ease of use. This is why we always trial apps with our own business first, before recommending them to our clients.
From minute one we fell in love with iwocaPay, and couldn't wait to start promoting the service.
We support businesses from start-ups to their exit strategies, which is another reason we're the go-to accountants for small business. We're there for the whole journey, and working with loads of small business owners, we've realized just how crucial it is for them to get paid on time, especially with their limited financial resources.
We wanted to make sure our clients have a way to get paid promptly, without any unnecessary stress. So, after finding an app we loved, we started to recommend it!
iwocaPay has been an absolute game-changer for us!
It does exactly what it says on the tin. Thanks to iwocaPay, we've been able to ensure a steady stream of income from our clients, which has massively supported our growth strategy.
By offering our clients flexible payment terms to help with their cashflow issues, we can still get paid on time while giving them the breathing space needed to cope with their cashflow issues. It’s a win-win. Our clients get to split their payments up over time if they struggle to pay the full amount, and we still get paid on time as iwocaPay take the onus of the debt.
The biggest benefit we've seen for our clients has been the massive improvement in their cash flow. iwocaPay has been an absolute lifesaver in that department. It allows our clients to receive immediate payments while offering their customers flexible instalment options. With a more consistent cash flow, our clients have had a much easier time meeting their financial obligations and managing their expenses. It's made their lives a whole lot easier, you wouldn't believe it!
Our clients have found iwocaPay incredibly useful across the board.
Of course, our smaller-scale clients were particularly keen on using iwocaPay. Especially those with a smaller client base who really feel it when they don’t get paid on time.
Nobody likes hounding clients for payments, so if we can remove the need to do that while making our client's life easier is a win-win.
We never recommend a service unless we've tried it ourselves and, in this case, we loved it. So, after using it ourselves with clients and seeing the positive effects it could have, we were confident it’d help our clients too. We started introducing it to our existing clients and spreading the word.
iwocaPay solves one of the most frustrating issues a business can face. And most of our clients quickly hopped on board and started seeing instant results.
Before iwocaPay came into the picture, we found chasing late payments was an absolute nightmare. It was a manual and time-consuming process that left us, and our clients, feeling stressed out. But ever since we brought iwocaPay on board, we've saved ourselves and our clients loads of time and eliminated the stress of chasing after our creditors. It's been a breath of fresh air.
We had this one client who owed us £6.5k in accountancy fees. Now, their business was making good profits, but they had these big customers with terrible credit terms.
So, they didn't have the cash flow to pay us until their client was due to pay them in 20 days. But thanks to iwocaPay, they were able to settle our debt. We got paid upfront, and they paid us back in three manageable instalments for a % fee. Just the flexibility it offers can be a huge weight of a small business owners shoulders, meaning they can do what they do best and not have to worry about payments.
Speaking as expert accountants for small business, iwocaPay offers some brilliant advantages. We're talking about improved cash flow, expanded sales prospects, streamlined payment management, and seamless integration with Xero. It's an absolute game-changer!
iwocaPay gives small businesses the power to boost their finances, simplify payment processes, and build more stable growth plans. Trust us when we say how much we recommend iwocaPay.
No one likes chasing debts, and no one ever accounts for the amount of time it’ll take. As you'll probably be sick of hearing by now, iwocaPay helps us cut the fuss and get paid on time. What’s not to love?
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