INTERNATIONAL MONETARY SYSTEMS LTD/
SB-2/A, EX-23.2, 2000-06-16
BUSINESS SERVICES, NEC
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<PAGE>   1
                                                                    EXHIBIT 23.2





                          CONSENT OF KRANITZ & PHILIPP







<PAGE>   2

                          CONSENT OF KRANITZ & PHILIPP





         We consent to the references to us under the captions " Certain
Relationships and Related Transactions" and "Legal Matters" in the prospectus
comprising a part of the registration statement of International Monetary
Systems, Ltd. on Form SB-2 (File No. 333-94597), and elsewhere in the
registration statement.




                                                  /s/ KRANITZ & PHILIPP
                                                    KRANITZ & PHILIPP




Milwaukee, Wisconsin

June 12, 2000







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