How FeePay Benefits Firms...
In the current economic climate, versatility and flexibility are the trademarks of forward thinking and creative professional service firms.
Many professionals find themselves compromising cash flow for the sake of a firm-client relationship. Some even allow their valued clients to dictate commercially unviable payment terms. In some cases, firms can find themselves carrying such a high level of client debt out of their operational cash flow that it impedes their growth and profitability.
FeePay means that you no longer have to compromise cash flow for client relationships, nor do you have to implement costly, resource hungry and often inefficient in-house payment plans to try and meet client requirements.
With a FeePay facility you can now provide your clients with the convenient option of spreading the payment of your fees over manageable monthly instalments at no cost to the firm.
The key benefits to firms using FeePay are:
- reduced debtors days
- less cash flow tied up in debtors and WIP
- added value to your service offering
- provides fee earners with a positive reason to discuss fees
FeePay charges firms a nominal setup fee which covers staff and fee earner training, multi-user access to our Online Application Manager, as well as a comprehensive implementation package with client marketing collateral and brochures.
Click here to request more information or apply online for a FeePay facility today.
