Ahura Travels, a seasoned travel agency with over 30 years of experience, streamlined cash flow, improved payment tracking, and enhanced client relationships through Brego’s Accounts and Financial Management services, supporting financial stability and operational efficiency.
Ahura Travels
About the Company
Industry: Travel and Tourism
Type: Privately Held
Ahura Travels is a well-established, IATA-accredited travel agency with over 30 years of experience in the travel industry. The company provides a range of services, including airline tickets, hotel bookings, visa assistance, destination management, and event management. Ahura Travels is known for its personalized travel planning, offering custom travel solutions based on clients’ preferences, budgets, and itineraries.
Problem Statements
Delayed payments: Ahura Travels struggled with delayed client payments, affecting cash flow and creating friction with suppliers and clients.
Manual payment tracking: The accounts team found it challenging to keep track of overdue payments, resulting in missed follow-ups.
Cash flow visibility: The lack of a payment follow-up process made it difficult for the management team to assess the company’s financial health.
Our Solution
Automated payment Follow-Ups:We Introduced an automated system for sending timely reminders to clients about outstanding dues.
Improved cash flow management: We Provided the management team with regular updates on payment collections, improving cash flow visibility.
Financial reporting: We Delivered detailed monthly MIS reports to provide insights into the company’s financial performance.
Results
Recovered Outstanding Dues: The new payment follow-up process helped recover a significant portion of unpaid client invoices.
Improved Cash Flow: Timely payments helped stabilize cash flow, reducing reliance on reserves.
Enhanced Client Relationships: The streamlined payment process improved client satisfaction by providing flexible payment options and maintaining positive relationships.
Benefits and ROI
Operational Efficiency: Automated systems reduced manual effort in tracking overdue payments.
Cash Flow Stability: Improved cash flow management reduced financial stress on the business.
Informed Decision-Making: Detailed financial reports helped management make more informed decisions regarding resource allocation.
ROI: Our Accounts and Financial Management services enabled Ahura Travels to recover their outstanding dues, improve cash flow, and enhance operational efficiency, contributing to sustained business growth.
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