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Client story: marketing agency

How Obsidian Media went from missed payments to books the owner checks once a week

A five-person marketing agency in New York. Bills going out late, client payments slipping past, and years of accountants who cost too much. Here is what changed when Twelix took over the books and AP/AR, in the owner's own words.

Same agency, same owner, two very different answers

What Eric Wexler says about his payments, before Twelix and after

Before Twelix
I was missing payments and I didn't even know it.
With Twelix, 10 months in
I know that I'm not missing any money.
The difference is a process behind the books. Both lines are Eric's own, word for word, from the video below.
On payments, in Eric's words
Never late

On payments, in Eric's words

Bills going out and client payments coming in, both handled
AP and AR

Bills going out and client payments coming in, both handled

Or once a month: all the owner needs to check
Once a week

Or once a month: all the owner needs to check

Working together, and counting
10 months

Working together, and counting

Eric Wexler of Obsidian Media on working with Twelix Accounting
  1. Before Twelix

    Eric Wexler owns Obsidian Media, a five-person marketing agency in New York. Like most agencies, it runs on two streams of money. Client payments come in, and bills go out. Both need someone watching them every week.

    For years, no one was doing that well. Eric had worked with a few accountants, and none of them lasted.

    Before Twelix Accounting and Jaimin and his team came in, my books were all over the place.

  2. What went wrong

    Payments slipped on both sides. Bills went out late, and money owed to the agency did not always come in. The hardest part was that Eric could not see it happening.

    Payments were late. I was missing payments and I didn't even know it.

    He knew he needed help. The accountants he hired did not fix it. In his words, they were always too expensive and would mess up constantly.

  3. What it cost

    When no one owns the payment calendar, the cost lands on the owner. It rarely shows up as one clear line on the P&L.

    • Bills paid late.

      Money the agency owed went out behind schedule.

    • Client money missed.

      Payments owed to the agency slipped through, and no one flagged them.

    • High fees, repeated mistakes.

      “They were always too expensive. They would mess up constantly.”

    • Years without a fix.

      Each new accountant was a fresh start that ended the same way.

    I could never find a good accountant.

  4. After Twelix

    Ten months ago, Jaimin M., Twelix's founder, took over Obsidian Media's bookkeeping, accounts payable and accounts receivable. The goal was not to catch more mistakes after the fact. It was to build a process, so nothing depends on Eric catching them.

    1. The books brought into order

      Day-to-day bookkeeping moved to Twelix in full. Transactions are recorded and kept current on a set schedule, not whenever someone finds the time.

      Jaimin came in and he's been incredible.

    2. Bills out on time

      Twelix tracks what the agency owes and when each bill is due, so payments go out on schedule.

      I'm never late on payments.

    3. Client payments tracked

      Twelix tracks what clients owe the agency, so a missed payment gets noticed instead of lost.

      I know that I'm not missing any money.

    4. A process the owner checks, not runs

      Every step follows a documented process. Eric's part is a short review once a week or once a month.

      There's a process behind everything that he built out. It's very hands off.

The results.

On payments since Twelix took over
Never late
On payments since Twelix took over
Money owed to the agency, followed until it comes in
All tracked
Money owed to the agency, followed until it comes in
A check once a week or once a month
Hands off
A check once a week or once a month
And counting
10 months
And counting

Payments on time, both ways

Bills go out when they are due, and money owed to the agency is tracked until it comes in. “I'm never late on payments.”

An owner who checks, not chases

Eric looks over the books once a week or once a month, and the process does the rest. “It's very hands off.”

Books he can trust

After years of costly mistakes, the books hold up every time he looks. “Everything's always perfect.”

In Eric’s own words.

Eric Wexler, owner of Obsidian Media

Eric Wexler

Owner, Obsidian Media

I'm sorry that I waited so long to find him.

Him and his team are absolutely incredible. I can't recommend them enough.

Eric Wexler, Owner, Obsidian Media

Does this sound like your company?

Three people working on laptops in front of an agency mood board

Agencies fall behind on payments more easily than most businesses. Retainers, project invoices and contractor bills all run on different dates. When the owner is also selling and serving clients, payments on both sides slip quietly.

See how we work with agencies
  • A vendor or contractor has told you a payment was late
  • You are not sure every client invoice has been paid
  • You learn about a missed payment weeks after it happened
  • You have changed accountants and the same mistakes came back
  • You spend more time checking the books than running the agency
  • Sound familiar? It starts with a free look at your books and how payments move through them.

Keep reading.

Every quotation on this page is Eric Wexler's own, from his recorded video testimonial. Location, team size, length of engagement and scope of work come from Twelix's client records. The earlier accountants are not named.

Not sure every payment is going out, and coming in, on time?

Book a free review of your books. We will map what you owe, what you are owed and where payments slip, then send a flat quote within 24 hours on business days.

Talk to us first

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