WhatProduct.com.au

Description

feeLink is a monthly payment option specifically designed for the clients of accountants and financial advisors. It enables accountants to link the payment of their professional fees to their regular monthly cash flow by allowing them to pay over a six, nine or twelve month period. Distributed by BankLink, feeLink is a simple and secure alternative which sits alongside current payment options. It allows clients to better manage their cash flow by enjoying smaller, more budget friendly, monthly payments instead of scrambling to find funds for a large sum. The service is provided at no cost to the practice and allows them to decrease debtors while increasing cash flow. Importantly, feeLink is not factoring, the practice receives 100% of the amount invoiced to their client. feeLink reduces the time wasted chasing overdue clients each month and the relationship stress this causes. It also improves their bank balance as previously slow paying clients are receipted quickly and in full. There are no costs to accountants or financial advisors for using the service, and their clients pay a small set up fee in their first direct debit. Benefits to accountants and financial advisors: • feeLink allows practices to do more high value project or consulting assignments, with an affordable way for the client to pay. Clients appreciate the value added to their business rather than worrying about lump sums at the conclusion of a job • Less time and stress spent chasing overdue clients each month • Increased cash flow, as previously slow paying clients are receipted faster • feeLink unlocks the cash within practices’ debtors ledger, at no cost • Your practice receives 100% of the amount you invoiced Benefits to accounting clients: • Preserve existing cash and credit lines for other business needs • Enjoy smaller, more budget friendly, monthly payments rather than a large single lump sum • Stress of being an overdue debtor with their accountant removed • Ability to claim tax deduction on any interest payable for the facility