About the Company

Ahura Travels is a well-known travel agency with a rich legacy of 30 years of experience in the travel industry. As an accredited member of the International Air Transport Association (IATA), Ahura Travels provides a wide range of travel services, including airline tickets, hotel bookings, and visa assistance. The agency has an extensive network of global partners and alliances, enabling them to offer their clients customized and cost-effective travel solutions.

One of the unique selling points of Ahura Travels is its approach to travel planning. The agency functions not only as travel agents but also as consultants, helping clients optimize their travel agendas. The experienced team of travel advisors at Ahura Travels works closely with clients to understand their needs, preferences, and budget, and then designs customized travel itineraries that cater to their specific requirements. The agency also provides valuable advice on travel-related issues such as visa requirements, travel insurance, and safety measures.

Ahura Travels has built a reputation for providing excellent customer service. The agency’s team of experienced travel advisors is available to clients round the clock, providing personalized support and assistance whenever required. The agency has also invested in advanced technology and online platforms, enabling clients to access their travel plans, make bookings, and receive real-time updates on their travel itineraries from anywhere in the world.

In addition to its core travel services, Ahura Travels also offers a range of value-added services, such as destination management, event management, and travel insurance. The agency’s comprehensive suite of services ensures that clients have a hassle-free and enjoyable travel experience.

Overall, Ahura Travels has established itself as a reliable and trusted partner for individuals, families, and businesses looking for customized and cost-effective travel solutions. Its experience, expertise, and customer-centric approach have helped it build a loyal customer base and maintain its position as a leading travel agency in the industry.

Challenges faced by Ahura Travels

Prior to implementing a dedicated payment follow-up process, Ahura Travels faced a number of challenges related to delayed payments. With the accounts team responsible for multiple tasks, including payment follow-ups, they were unable to effectively manage their workload and ensure timely payments from clients.This created a negative impact on the company’s cash flow, as it was unable to receive payments on time and was forced to rely on reserves to cover its expenses. In addition, delayed payments caused friction in the relationships with clients and suppliers, who were often dissatisfied with the delays.Without a dedicated system in place, the accounts team struggled to keep track of which payments were overdue, leading to confusion and missed opportunities to follow up. This resulted in an inefficient and ineffective payment follow-up process, further exacerbating the challenges.

Additionally, the lack of a clear payment follow-up process made it difficult for the management team to accurately assess the company’s financial health. Without a clear view of the company’s cash flow, they were unable to make informed decisions regarding the allocation of resources and future investments.Recognizing the need for a dedicated payment follow-up process, Ahura Travels implemented a solution that streamlined its payment follow-up process and improved its cash flow. By establishing clear timelines and automating follow-up communication with clients, the company was able to significantly reduce the number of delayed payments.This allowed the accounts team to better manage their workload, freeing up time to focus on other critical tasks. Additionally, the new system enabled the management team to better assess the company’s financial health, providing valuable insights into its cash flow and allowing for more informed decision-making.

In conclusion, by recognizing the challenges created by delayed payments and implementing a dedicated payment follow-up process, Ahura Travels was able to improve its cash flow and strengthen its relationships with clients and suppliers. The company’s decision to implement a solution that streamlined its payment follow-up process demonstrates its commitment to continuous improvement and its ability to adapt to changing circumstances in the travel industry.

Our Approach

Brego Business’s approach to assisting Ahura Travels with their accounting needs was comprehensive and focused on ensuring that all compliance requirements were met. The team’s efforts included streamlining the accounting process and providing weekly updates on the financial status of the company.To achieve these goals, the team implemented a variety of accounting tools and technologies to improve the efficiency and accuracy of the accounting process. They also ensured that all compliance requirements were met and that Ahura Travels was up to date with all necessary regulations.

Additionally, the team provided regular MIS reports to the client, which were organized and set in a timely manner. These reports offered a detailed overview of the company’s financials, allowing for informed decision-making and financial planning.

Furthermore, weekly calls were scheduled to keep the client updated on their financials and discuss any outstanding issues or concerns. The team worked closely with Ahura Travels to ensure that they were comfortable with the accounting process and that any questions or issues were addressed promptly.

Overall, Brego Business’s approach to supporting Ahura Travels with their accounting needs was tailored to the specific needs of the client. The team focused on streamlining processes, ensuring compliance, and providing regular updates to help the client make informed financial decisions. With the assistance of Brego Business, Ahura Travels was able to focus on their core business activities and leave the accounting and compliance work to the experts.

The Result

With the introduction of Brego Business, the situation changed. The team at Brego Business worked closely with Ahura Travels to streamline the payment follow-up process, ensuring timely reminders and collection of outstanding dues. The implementation of strong processes and timely follow-ups helped Ahura Travels recover more than 60% of its outstanding dues from debtors.The success of this recovery can be attributed to Brego Business’s expertise in accounting and financial management. The team worked closely with Ahura Travels to identify the areas of improvement and implement effective solutions. They identified the need for a strong payment follow-up system, which was missing previously. Brego Business worked on setting up a system that allowed Ahura Travels to send timely reminders to clients regarding outstanding dues, as well as providing them with easy payment options. This helped the company to maintain a positive relationship with its clients while also ensuring timely payments.

In addition, Brego Business provided Ahura Travels with monthly MIS reports, which allowed them to keep track of their finances and make informed decisions. The reports offered a detailed overview of all financial activities, including expenses, revenue, and outstanding dues. This helped the management team at Ahura Travels to identify areas of concern and take appropriate actions to address them.

The recovery of outstanding dues not only helped Ahura Travels improve its cash flow but also helped them maintain positive relationships with their clients. The timely reminders and easy payment options provided by the team at Brego Business ensured that the payment process was convenient for clients, leading to a better customer experience. The success of this recovery is a testament to the expertise and dedication of Brego Business in providing effective accounting and financial management services.