QuickFee and Mango Practice Management Join Forces to Revolutionize Payment Flexibility for Accountants
QuickFee Partners with Mango Practice Management to Enhance Payment Solutions
In an exciting development within the accounting industry, QuickFee, a prominent provider of client financing solutions specifically designed for accounting and law firms, has announced its strategic partnership with Mango Practice Management. Mango is well-known for its comprehensive practice management software tailored to accountants. This collaboration aims to enhance payment flexibility for accounting firms, thereby transforming and improving client interactions and satisfaction.
Improving Payment Flexibility for Accounting Firms
This partnership equips accounting firms that utilize Mango's software with the ability to offer a new payment solution: QuickFee Finance. This innovative payment plan allows clients to pay their invoices over a period of 3, 6, 9, or 12 months. As a result, firms can foster better cash flow and expedite payments without incurring additional costs. By integrating QuickFee Finance, accounting firms can receive full upfront payments while offering their clients flexible payment terms, ultimately enhancing their services.
Mango's platform is trusted by nearly 2,000 firms and over 10,000 users across the United States, which highlights the substantial reach this partnership can have. Firms operating within the Mango ecosystem are now presented with an opportunity to boost their service offerings and revenue generation. With flexible payment options, clients are encouraged to explore more services, which significantly increases the likelihood of purchasing additional offerings.
Financial Benefits for Firms
The benefits of this partnership are profound for the accounting firms involved. With QuickFee Finance, these firms can notable improvements in cash flow while minimizing their accounts receivable (A/R). It’s estimated that QuickFee Finance helps firms cut their aging A/R by approximately 32%, providing a significant boost to overall financial health. Moreover, there's an added layer of reassurance for firms—clients are pre-approved for financing without undergoing credit or background checks, meaning their credit scores remain unscathed.
The implementation of this solution is particularly seamless. Firms have nothing to pay upfront to offer this financing option, making it significantly beneficial in terms of operational efficiency and client satisfaction. As commented by Bryan Droznes, the General Manager of Mango Practice Management, this collaboration presents an avenue for accounting firms to innovate and adapt, ultimately fostering stronger client relationships.
Enhancing Client Satisfaction
Jennifer Warawa, President of QuickFee, stated that this partnership aligns seamlessly with QuickFee's mission to enhance financial health and improve client satisfaction for accounting firms. By empowering firms with the ability to offer flexible payment options, both companies are committed to reinforcing the bonds between service providers and their clients. This not only streamlines collections but also paves the way for deeper, more meaningful professional relationships.
About Mango Practice Management
Mango Practice Management is designed specifically by accountants to fulfill the unique needs of their profession. The platform encompasses a wide range of features including time and billing, integrated payments, and project management, ensuring that firms can operate efficiently and profitably. Insightful analytics further allow firms to assess their efficiency and drive increased profitability, reinforcing its reputation as a vital tool for accounting professionals.
The collaboration with QuickFee extends Mango's service offerings, enabling their users to tackle financial hurdles head-on, thereby fostering a healthier economic environment for all parties involved. Their integration into the ProfitSolv platform emphasizes their commitment to continuous improvement and innovation in practice management software.
About QuickFee
Since its inception in 2009, QuickFee has become the top provider of client financing for professional services, especially within the accounting and legal sectors. The company enables clients to pay invoices over extended periods, significantly relieving cash flow concerns for firms while elevating the overall client experience. QuickFee operates in both the United States and Australia, focusing on scalable and affordable solutions backed by exceptional customer service.
For more information regarding QuickFee Finance and how it can aid accounting firms, please visit quickfee.com.