Automating financial processes can save businesses a lot of time and effort. However, the convenience of automatic payments can come at a cost – the risk of providing vendors with a “blank check.” This was a concern for one of our clients, who were uncomfortable granting vendors unlimited access to their funds.
Fortunately, their bank, First Republic Bank, offered a solution. They could set up automatic ACH withdrawals for their vendors with an added approval layer. This means they have to authorize each payment before it goes out, adding an extra level of security and control. While this may seem like a lot of work, our client finds it quick and easy and loves the convenience of automatic payments without compromising security.
At ZümiFi, bookkeeping is our bread and butter, and we’re passionate about helping our clients optimize their financial processes. As a result, we offer ongoing bookkeeping services that manage financial activity with a complete turnkey approach, ensuring accuracy and completeness so that every dollar counts.
Our custom combination of online, cloud-based tools, including QuickBooks Online, Bill.com, Box.com, and others, enables us to fully automate your system, eliminate data entry, and simplify and facilitate your bookkeeping. In addition, our solid books provide key information in real-time, accessible anywhere, anytime, on any device.
Our services cover everything from recording, tracking, and paying vendor bills to processing payroll, reconciliations, and generating financial reports based on the collected data. We understand each client’s unique needs and tailor our recommendations accordingly to deliver great books that move things forward.
Contact us today to learn more about our bookkeeping services and how we can help your business optimize its financial processes.