Background

Simplifying Finance for

Professional Services Firms

From client billing to global cash flow, YASBe helps professional services firms managefinancial operations with ease, transparency, and speed.

Key Challenges in Services Firms

From cross-border billing to currency complexity, here’s what slows down modern professional teams.

Puzzle Piece

Cross-Border Payment Complexity

Firms work with clients across multiple regions, and managing payments in different currencies adds complexity, cost, and delay to the transaction process.

Currency Circle Dollar

Slow Access to Funds

Traditional banking systems are slow, especially for international payments, which delays revenue recognition and impacts cash flow.

Shield Warning

Currency Risk Exposure

Exchange rate fluctuations make it challenging to predict payment amounts, affecting margins on international contracts and advisory services.

Question

Fragmented Financial Management

Professional services often need to manage multiple clients with varying financial terms, requiring clear tracking of project-specific budgets and payments.

YASBe Solution

1

Virtual Accounts: Streamlining Payments and Improving Project Control

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YASBe’s Virtual Accounts allow firms to:

  • Centralize payments across multiple currencies (EUR, GBP, USD) under one platform, improving operational efficiency and financial reporting.
  • Track funds per client or project, simplifying budgeting and tracking for consulting engagements, tax advisory services, or accounting clients.
  • Isolate client funds for specific projects, reducing financial risks and enhancing control over each account.
  • Simplify reconciliation by directly linking virtual accounts to client invoices and payments, ensuring seamless accounting processes.

From Goal to Outcome

Business Goal

  • Simplified Cross-Border Payments
  • Improved Cash Flow & Access to Funds
  • Currency Risk Mitigation
  • Enhanced Financial Control
  • Seamless Project Financial Management

YASBe Delivers

  • Global Collection & Payout reduces complexity and fees for international payments
  • Improved Cash Flow & Access to Funds
  • Stablecoins reduce exposure to exchange rate fluctuations, ensuring stable payments
  • Enhanced Financial Control
  • Seamless Project Financial Management

Use Cases Across Industries

See how organizations across sectors benefit from YASBe's platform.

Tax Advisory Firm

Tax Advisory Firm

A tax advisory firm uses YASBe Virtual Accounts to manage client payments across the EU, UK, and US. Each virtual account is tied to a specific jurisdiction, simplifying tax reporting and reconciliation while ensuring funds are available in the correct currencies.

Consulting Firm

Consulting Firm

A global management consulting firm uses YASBe’s Global Collection & Payout to manage payments from clients in Asia, Europe, and the US. The firm can collect payments in local currencies, eliminating cross-border transfer fees and accessing funds in real time.

Accounting Firm

Accounting Firm

An accounting firm that works with international clients adopts YASBe’s Stablecoin payments to receive fees for services rendered. This enables them to receive payments outside of traditional banking hours, reducing delays and giving clients more flexibility in paying their invoices.