QuickFee partners with Aon to reduce risk and improve cash flow

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Online payments and financing provider for the accountancy market QuickFee has partnered with global professional services firm Aon to enhance its product line.

The agreement means that QuickFee can offer Aon’s risk and professional indemnity products to accountancy firms in Australia, allowing it to help clients facing financial difficulties without jeopardizing business operations.

The partnership enabled QuickFee to launch its fee financing service.

This allows accountants to send customers a payment plan quote that allows the business to be paid upfront and allows customers the flexibility to pay the bill over three to 12 months.

Aon Affinity chief executive Lisa Henderson said the company is pleased to be able to provide a product for companies struggling with cash flow and other risks.

Cash flow is a key risk for businesses of all sizes,” she said.

“While accounting clients need to support their practices with risk solutions such as professional indemnity insurance and cyber protection – but are also affected by issues such as high interest rates and inflation – they may have need extra help to maintain a steady cash flow.

“Aon is excited to work with QuickFee to help address the underserved needs of our SMB accounting customers and enable them to make better business decisions.”

QuickFee Australia Managing Director Bruce Coombes said partnering with Aon would be positive for his customers.

“In times of uncertainty, accounting firms need to be able to help their clients meet financial challenges without jeopardizing the firm’s operations,” Mr. Coombes said.

“For this reason, we are delighted to work with Aon and offer an effective combination of professional risk and cash flow solutions for accounting firms.

“This, in turn, will allow them to better support their customers and contribute to long-term growth.”

QuickFee said that by using its services, accountants can accept installments from clients in several ways, including EFT and monthly payment plans.

Founded in 2009, QuickFee has been used by two-thirds of the top 100 accounting firms as a payment system for their clients.

QuickFee partners with Aon to reduce risk and improve cash flow

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Last update: September 13, 2022

Posted: September 14, 2022

josh needs

josh needs

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Josh Needs is a reporter for Accountants Daily and SMSF Adviser, the leading sources of news, strategy and educational content for professionals in the accounting and SMSF industries.

Josh studied journalism at the University of NSW and previously wrote news, feature articles and video reviews for Unsealed 4×4, an off-road automotive website. Since joining the Momentum Media team in 2022, Josh has written for Accountants Daily and SMSF Adviser.

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