At Whiz Consulting, our specialty lies in offering top-tier outsourced bookkeeping and accounting services that are personalized according to the unique needs of the hospitality industry. Our professionals help your business stay organized, in compliance, and financially efficient so that you can keep on offering amazing guest experiences.
Personalized Solutions for Every Segment of the Hospitality Industry
Hotels & Resorts
We offer comprehensive accounting services to every segment of the hospitality industry. From boutique owners to large-scale resorts, we help them all. We assist in managing revenue, cutting down costs, and managing capital expenditures with precision.
Restaurants & Cafés
Restaurant owners need to manage inventory, payroll, and revenue to be successful. We offer detailed financial insights to help you to reduce costs, maximize profit, and maintain a smooth process.
Airbnb and Short-term Rentals
We specialize in offering accounting services for Airbnb hosts and short-term rental owners. From booking management to expense tracking, we make sure the finances are organized and optimized.
Clubs & Bars
We provide specialized accounting services for clubs and bars, and help them to manage cash flow, inventory, and financial reporting.
Tailored Hospitality Accounting Services
At Whiz Consulting, we don’t offer just standard accounting services, but we also provide customized solutions to make your financials easier, optimize cash flow, and provide actionable insights.
Bookkeeping
Our bookkeeping service makes sure that all financial transactions are recorded accurately, organized, as well as easily accessible. We maintain an updated ledger, which makes it easier for your business to track expenses, income, and overall financial health.
Accounts Payable
We manage your accounts payable by processing vendor invoices and making sure payments are on time, helping you to maintain a positive relationship with suppliers. Our system reduces errors and prevents late fees, to make sure operations are running smoothly for your hospitality business.
Accounts Receivable
Our accounts receivable service tracks outstanding invoices, sends reminders, and ensures payments from customers are made on time. We assist you to maintain a healthy cash flow by reducing overdue accounts.
Financial Reporting
We offer detailed financial reports that give you an overview of your hospitality business’s performance, from profit and loss statements to balance sheets, you get everything.
Unlocking Success with Personalized Hospitality Accounting Solutions
Efficient financial management means a successful hospitality business. Our experts are professionals in providing you with services that streamline your financial operations, boost cash flow, and offer valuable insights for growth. Learn more about how our professional services can help you to boost confidence and grow your business.
1
Cash Flow Management
In hospitality, managing cash flow can get complex due to fluctuating bookings, seasonal variations, and unexpected expenses. Our expert team makes sure your cash flow is optimized for operations so you can avoid liquidity crunches.
2
Inventory Control & Cost Management
Food, beverages, and supplies are an important part of the hospitality costs. We offer detailed tracking and reporting, to help you avoid overstocking or wastage.
3
Payroll Management
We make payroll management easier by making sure accurate and payments are made timely. Our expediated approach offers you the chance to focus on running your business while we handle your payroll details.
Our Technology Partners
Empowering innovation with cutting-edge solutions designed to drive efficiency and transformation.
Transform Your Hospitality Business with Expert Accounting Support
Let us take care of your financial needs, you focus on delivering outstanding services!
We make use of deep industry knowledge along with state-of-the-art accounting technology to provide you with customized solutions that save you time and resources. Look at our benefits and then decide to choose us:
Industry-Specific Expertise
Our professionals have extensive experience of working with businesses in this sector. We make sure that your complex financial operations are managed efficiently.
Accurate and Timely Financial Reporting
We deliver precise and on time financial statements that permit you to make better decisions for enhanced business operations.
Cost Optimization
Only after careful analysis and tracking, we identify areas of cost cutting and help you to improve profit margins.
Actionable Insights
Our precise and in-depth reports transform your data into endless opportunities. We seize every chance for growth and make sure consistent success.
Scalable Solutions
Just as your business grows, we scale our services likewise. Our services are personalized according to your needs.
Streamlined Operations
Our outsourcing model is designed in a way to give you freedom to manage your accounts hassle-free. We handle it all from bookkeeping to financial reporting so you can keep on focusing your business.
Client Testimonials
See how we've helped others achieve their financial goals with personalized solutions and expert guidance.
"Excellent work with invoicing automation and AP & AR processing. Highly recommended!"
Aaron Attwell
Director
"Excellent team to work with. Great work. Will use their service again for sure."
Jon Kontopos
Vice President
"Exceptionally understanding and competent team. A wonderful experience."
Andy Seth
CFO
"Your team has been outstanding, and we're truly grateful for the exceptional service you've provided in managing our accounting and bookkeeping. The positive outcomes and seamless interactions have been invaluable to us."
Kevin G. Gilles
Founder & CEO
"We wanted to thank you for all of the work and efforts you have completed on our behalf in assisting with the management of our accounting and bookkeeping over the last several months. We have had nothing but positive results and interactions with the Whiz team."
Christopher T. Wright
CFO
"Let me open by saying how pleased I am working with you and the team. It has been an excellent journey so far and I very much appreciate the efforts over the last year."
Kendall Schoenrock
President, SilverRock Ventures
" Love working with the team. Very reliable and responsible"
Nikolas Dimitroulakis
Co Founder
Have questions in mind? Find answers here...
Outsourced accounting helps you to cut overhead costs, improve financial accuracy, and give you time to focus on growing your business. It also gives you access to industry-specific expertise, helps you to manage cash flow, reduce tax liabilities, and make informed decisions.
Outsourced accounting permits you to grow your financial services according to your needs and demands. During peak periods, we can offer more detailed financial tracking, while on the other hand, we can adjust our services to suit your needs.
Yes, we can! We have experience in managing the financial needs of your multi-location businesses. Our team makes sure that all locations are in compliance with financial reporting standards.
We take data security quite seriously. Our team adheres to the highest standards of data encryption and uses secure and encrypted software for all financial transactions.
Our outsourcing costs depend on your needs. We offer scalable pricing based on your business’s size and complexity. Our goal is to make sure a cost-effective solution is reached according to your financial needs.
You will have all the access to financial data in real-time. We offer timely, accurate reports which are available to your convenience. We make sure you always have up-to-date data.
Thousands of business owners trust
Whiz to manage their account
Let us take care of your books and make this financial year a good one.
Hospitality Accounting: An Important Aspect for Success
Managing finances is important if you want to stay profitable and compliant. Effective hospitality accounting assists businesses to control costs, optimize revenue, and ensure tax compliance, all these contribute to financial stability. Whether you are a hotel, restaurant, or an event venue, using our outsourcing accounting for the hospitality industry will elevate your business operations.
Our hospitality accounting services cover a wide range of functions such as bookkeeping, payroll, tax filing, and financial reporting. With us by your side, you can focus on growing your business while we handle your finances. More than just bookkeeping, we provide a whole suite of solutions.
Managing supplier payments and customer invoices can be time-consuming and complex. Professional services ensure that accounts payable and receivable are handled efficiently, reducing errors, preventing late fees, and maintaining a healthy cash flow.
Detailed financial reporting is crucial for informed decision-making. Comprehensive reports, including profit and loss statements and cash flow analysis, provide hospitality businesses with the insights needed to plan strategically and achieve financial goals.
Whether it’s a boutique hotel, a family-run café, or a multi-location restaurant, scalable hospitality accounting services adapt to the specific needs of each business. These solutions grow alongside the business, offering consistent support at every stage of development.
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Peter McKendry
Chief Executive Officer, The Co-Group Limited
After giving opportunities to numerous accounting services providers, we found Whiz consulting. The experience of working with Whiz was overwhelming. The timely and accurate deliverable of the team is commendable. Highly recommended.
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