“How can I help small businesses be more efficient with their invoice and payments processing so they have more time to make strategic decisions, grow their business, and be successful?” This is what Marie-Madeleine Lochet–a French accounting expert since 1992 and a Canadian Chartered Professional Accountant since 2008—asked herself when she decided to make a change to her accounting consulting practice.
“I began by adopting the Yooz AP automation solution in my own firm. Once I realized all the ways that Yooz could benefit my clients, I began presenting it to them, asking ‘What if I could automate all of your invoice processing and improve your supplier relationships?’ It was an exciting prospect…for all of us!
One of the services that I provide is booking entries, or bookkeeping. Because the Yooz solution reduces the time I spend on the invoice and payment process, I’m able to reduce my fees to my clients.” But that doesn’t mean her revenues decrease. Earning the trust of her clients, they refer others to MMCA, so her practice is growing. As she receives more work and the volume of documents to process increases, Yooz scales with her.
And for those clients that want to do their own AP, Lochet recommends the Yooz solution and demonstrates how it will increase the business’s efficiencies. “My clients and I have a collaborative relationship. They are entrepreneurs who want to grow their businesses. And they truly want to understand their financial statements in order to make more informed decisions. Because Yooz integrates with more than 200 financial legacy systems/ERPs—including the Sage 50 that I use at MMCA—making it a viable option for anyone.
Most of my small business clients are excited to embrace technology. They are open to learning about AI and other advanced technologies and eager to embrace a solution like Yooz that will allow them to automate. The mobile capabilities are particularly attractive to young entrepreneurs that tend to be comfortable using their mobile device for business functions.
Yooz has benefitted my practice and my clients’ businesses in a number of ways:
- The accounting services I provide are enhanced when I present Yooz as an innovative AP solution.
- My clients feel like they have one complete accounting system that is intuitive and easy to use. And they are freed to focus on marketing, strategic initiatives, and growing their businesses
- The robust reporting features help my client be more knowledgeable about their own finances and a better understanding of their books.
- The seamless integration with almost every ERP makes it an attractive option for any business.”
Because of Yooz, Lochet is able to help her clients’ businesses grow, structure their accounting, and implement useful management tools. “The human is at the heart of my practice because behind the numbers, there are ideas, know-how, and professionals who evolve and progress.”
Download the complete MMCA success story.