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SERVICES
What we offer
Accounts Receivable
At GenZed, we understand that for most eateries, day-to-day finances typically revolve around cash flow from customers, not extensive accounts receivable processes. However, when your eatery supplies other businesses for events, caters large gatherings, or engages in corporate partnerships, managing accounts receivable becomes crucial. Our Accounts Receivable service is designed to support you in these instances, ensuring timely payments and optimised cash flow without disrupting your day-to-day operations. By combining expert oversight with advanced technology, we take care of invoicing, collections, and client follow-ups, allowing you to focus on what you do best—delivering great food and service.
What We Offer
Invoicing with Personal Oversight
We handle the invoicing process when your eatery supplies other businesses, whether for corporate events, wholesale orders, or large catering gigs. Our team ensures each invoice is accurate and clearly communicates the payment terms, helping you maintain professionalism and avoid delays in payment.
Payment Tracking
We reconcile your eatery’s bank accounts daily, ensuring all payments are tracked efficiently. Our system provides real-time updates on payment statuses, so you always know what’s been paid, what’s overdue, or what’s pending. This ensures that you maintain clear visibility over your accounts receivable, even when it’s not a regular part of your business.
Credit Control and Client Management
While your eatery might not deal with credit control on a daily basis, when it comes to managing larger clients or corporate events, it’s essential. We handle client communications regarding payment terms, credit policies, and follow-ups to ensure timely payments, safeguarding your cash flow when dealing with business clients.
Personal Follow-Ups and Issue Resolution
For larger orders or corporate partnerships, maintaining strong relationships is key. Our team personally follows up with your clients’ finance departments to ensure smooth payment processing and resolve any queries or issues that may arise. We act as an extension of your team, ensuring professionalism and respect in all interactions.
Cash Flow Forecasting and Impact Analysis
When dealing with accounts receivable, we offer detailed cash flow forecasting to show how delays or early payments from clients could impact your eatery’s financial health. This gives you full visibility, allowing you to plan more effectively and ensure that these larger transactions don’t disrupt your day-to-day operations.
Customised Reporting
We provide tailored reports that give you insights into your accounts receivable performance. Whether you’re tracking the status of payments from corporate clients or evaluating the overall impact of large orders, our reports help you make informed financial decisions.
How We Work
Human Expertise with Technology
We combine advanced tools with human expertise to ensure that even occasional accounts receivable management is handled efficiently. Our team monitors your accounts and communicates with your clients’ finance teams, ensuring smooth payment processes and quick resolution of any issues.
Tailored Services for Eateries
We understand that your eatery may not need accounts receivable services daily, but when the need arises—such as when catering for events or working with corporate partners—we provide flexible, tailored support to suit your needs. Our service is designed to step in when required without disrupting your regular business operations.
Continuous Monitoring and Proactive Communication
We continuously monitor the status of your receivables and maintain open communication with your clients’ finance teams. This proactive approach ensures that payment delays or issues are addressed early, keeping your cash flow steady and your client relationships positive.
Relationship-Focused Follow-Up
When working with event organisers or corporate clients, maintaining a professional relationship is key. We take a personal approach to follow-up communications, ensuring that your clients understand payment expectations while fostering goodwill for future collaborations.
Why Choose GenZed?
We recognise that while accounts receivable may not be a central part of your day-to-day operations, it becomes critical when your eatery handles larger corporate orders or events. With our flexible, tailored services, we manage invoicing, collections, and client communications, ensuring that these transactions don’t disrupt your business and that you receive payments on time. Let us take care of the financial complexities so you can continue focusing on delivering exceptional food and service to your clients.
– Daily reconciliations and real-time tracking for accuracy and transparency.
– Rely on our team of professionals as your go-to ‘finance department on demand’, and utilise our accounts receivable service as and when required.
– Cost-effective solution to manage occasional accounts receivable without the need for in-house resources.
– Client-focused service to build trust and secure future business opportunities.
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EXPERT CONSULTANCY
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EXPERT CONSULTANCY
Book Your Free Consultation
Ensure your eatery's finances work as hard as you do. Get free consultancy with GenZed and see how we can help you achieve sustainable growth.