For Classic Evolutions' CEO, Damian Moscatt, having invoice and payment automation means so much more than banking extra cost-savings; it's being able to finally open "the happiness account."
While work-life balance can look like many things to different people, for Damian, who knows the crucial importance of cash flow, success isn't just being able to bank dollars - it's about adding to the other accounts: health, family, and happiness. For a long time, Damian admits, "the focus was money and everything else suffered as a result," until he discovered the solution stack that forever changed the game.
Classic Evolutions is a Melbourne-based provider of IT support services led by Damian Moscatt, CEO and lead IT Support Specialist. With over 25 years' experience working in the IT industry, Damian is passionate about helping businesses gain confidence in their IT systems.
While Damian was tied up working 12-14 hours a day without a general ledger or a direct debit system, facing "absolute madness" with clients up to six months behind on invoices costing him out-of-pocket expenses to cover suppliers, he realised he hadn't found a solution to his own problem: Cashflow.
Without invoice and payment automation, Damian was simply "exhausted," he would raise invoices in Datto Autotask PSA, manually check the bank statement at the end of the week, enter which invoices had been paid, then prepare this, along with a bank statement, to give to an accountant.
Even after doing so, Damian still struggled to track where his business actually stood, lost between extensive paper trails and manual errors, and left doing things the way he'd always done them - stressed, and for hours on-end.