QuickFee Is Bringing the “Buy Now, Pay Later” Experience to All Professional Services Firms
- 01.12.2020 06:41 pm
Increasing sales and providing enough cashflow is a near-universal struggle for all professional services firms. After more than a decade of providing fee financing and payment services to the professional services sector, QuickFee today announces an end to this problem.
With the release of QuickFee Installments – the first-ever “Buy Now, Pay Later” product designed for professional services – QuickFee is poised to become the global leader of the emerging “Advice Now, Pay Later” model. More than 30% of the IPA Top 400 accounting firms already use QuickFee payment products to streamline their billing process, get paid faster and provide their clients with timely credit if needed. Now, professional service firms of all sizes can benefit from the “Buy Now, Pay Later” experience.
All three of QuickFee’s unique products make the payment process easier for professional services firms. These products also ensure that professional service firms are always paid in full and upfront, improving cash flow and reducing A/R in the process.
QuickFee’s one-of-a-kind services now include:
QuickFee Installments allows clients to pay invoices in 4 interest-free installments, making it easy for professional services firms to sell larger projects and get more customers. Because it uses existing credit, clients can bypass conventional credit checks and approvals – and get the affordable services they need today.
QuickFee Financing is an industry-leading fee financing product that gives clients extended credit terms and the freedom to pay over 3-12 months, while the firm receives 100% of the invoiced amount upfront. Unlike invoice factoring, QuickFee Financing is completely free for the services firm. It can be used as a friendly collections alternative or a way to win new business.
QuickFee PayNow is an online payment processing platform that accelerates cash flow and empowers clients to pay 24/7, at a low cost to the firm. No more “check is in the mail” when clients can pay by credit card, ACH, or monthly payment plan.
“Our core services cater to the two most common pain points among professionals – billing issues and losing business due to fee objections,” said Richard Formoe, Chief Revenue Officer for QuickFee. “Every business – large or small – faces payment challenges. It’s our mission to eliminate these challenges and give professionals an easier way to get paid.”
“In many cases, QuickFee’s solutions can also serve as a sales tool, allowing professional service firms to offer more favorable payment terms to their best clients,” Formoe continued. “When clients have difficulty paying for their fees, QuickFee offers flexible payment options without putting the firm at risk.”