Helping Hodl Consulting Bill Clients In Crypto

Problem

One of the biggest challenges HODL Consulting faced as a crypto accounting firm was billing their clients in crypto. 

Sending invoices required them to manually fill in different crypto wallet addresses for different cryptocurrency types and blockchains.

They also had to specify the exchange rates of more volatile cryptocurrency trading pairs.

Solution

Request Finance offers a simple and efficient solution for the team to pay some suppliers in crypto and prepare invoices for clients who want to pay for their crypto accounting services in crypto. The app made it incredibly easy to accept crypto payments on the invoices they send to their clients. 

When creating the crypto invoices in Request Finance, they could simply select their preferred token and chain that they want to get paid in. The app also allowed them to accept crypto payments into a self-custodial wallet like Ledger, or even a centralized exchange wallet like Kraken Pro for easy off-ramps into fiat.

Massive time-saver, easy to use

Using Request Finance’s app for crypto invoicing has been a massive time-saver for them, as well as their clients paying them in crypto.

The team at HODL Consulting love how easy it is to use the platform. It eliminates a lot of the complexities of accepting crypto payments for businesses. 

“Using Request Finance’s app for crypto invoicing has been a massive time-saver for us, as well as our clients paying us in crypto. I love how easy it is to use the platform. It eliminates a lot of the complexities of accepting crypto payments for businesses.”‍

Houssen Issoufaly, CEO and Founder at HODL Consulting

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About Hodl Consulting

Hodl Consulting is a French accounting firm, in what is ostensibly a red ocean. According to data from the Ordre des Experts-Comptables, OEC, (French Institute of Certified Public Accountants), there were more than 21,000 accounting firms in France. 

But while the market for accounting professionals is highly competitive and fragmented, Hodl Consulting offers its clients something that few of its peers do: Web3 expertise.

“One of the challenges of crypto accounting is that it requires deep expertise in both traditional accounting, and how blockchain-based applications work. It is this unique combination of domain expertise that distinguishes Hodl Consulting from other traditional accountants in France”, says Issoufaly.

With nearly 10 years of experience working at various audit and accountancy firms in France, Issoufaly is a seasoned professional. In 2017, research on possible topics for his thesis led down the crypto rabbit-hole. Since then, he has been waist-deep in experimenting with various decentralized finance (DeFi) platforms, decentralized autonomous organizations, or DAOs, and the various applications of NFTs to games, art, and more. 

In 2022, Issoufaly took the plunge to start Hodl Consulting, with a special interest in supporting Web3 native teams. Today, half of Hodl’s clients are Web3 projects like DeFi platforms, metaverse apps, NFT collections and more. 

True to the spirit of DeFi, Hodl Consulting also accepts payments in cryptocurrencies like BTC, ETH, and USDC for its crypto accounting services.