Excel couldn't give a real-time view of company financials
Biz Latin Hub delivers back-office services to local and foreign companies from offices in six Latin American countries. Before Avaza, the group relied on Microsoft Excel. It wanted a system that would make it more efficient and show the state of company financials in real time.
Specifically, the new system had to provide:
- Timesheets: One place to record the team's time.
- Expense tracking: Expenses tracked in the same system.
- Automated invoices in multiple currencies: Invoicing that runs automatically and handles more than one currency.
- Real-time reporting: Reports that give better, real-time awareness of company financials.
“We were looking for a system that would help to improve efficiency and to provide better real-time awareness of company financials.”
Timesheets, recurring invoices and reports in one system
Features Biz Latin Hub uses
Biz Latin Hub replaced its spreadsheets with Avaza, which covers everything on the list: timesheets, expense tracking, automated invoices in multiple currencies and real-time reporting. Three features stand out for the team:
- Timesheets: Very simple to use. Time can be entered in several ways, including start and end times, and timesheet approvals can be switched on for specific users.
- Recurring invoices: Invoices go out on a fixed schedule, which saves the team and its invoicing managers a lot of time every month.
“We love Avaza reports. They allow us to gather all the data we need to make educated business decisions in minutes. We can also export them in multiple formats.”
Faster invoicing and clearer information for clients
Avaza has proven effective at improving efficiency and transparency at Biz Latin Hub, and at speeding up how the team produces and sends invoices.
Both the group and its customers have benefited from that greater transparency, as Co-Founder and CEO Craig Dempsey explains:
“With Avaza, our customers have been able to better understand and track their service needs, enabling them to make business decisions on accurate and clear information, thereby creating value for both clients and the group.”
Asked what they love about Avaza, the Biz Latin Hub team gives a one-word answer: its simplicity.
