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The financing provider will now be able to offer professional indemnity products to its Australian client base.
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QuickFee partners with Aon to reduce risk and improve cash flow
14 September 2022
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9 minute read
Online payments and financing provider for the accounting market QuickFee has partnered with global professional services firm Aon to enhance its product suite.
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The deal means QuickFee can offer Aon’s risk and professional indemnity products to accounting firms in Australia, allowing it to assist clients facing financial challenges without jeopardising the business’ operations.
The partnership has allowed QuickFee to launch its fee funding service.
This enables accountants to send clients a payment plan quote that allows the firm to get paid upfront and the customers the flexibility to pay the invoice over three to 12 months.
Managing director at Aon Affinity, Lisa Henderson, said that the firm was glad to be able to provide a product for businesses struggling with cash flow and other risks.
“Cash flow is a key risk for businesses of any size,” she said.
“While accounting clients need to support their firms with risk solutions such as professional indemnity insurance and cyber protection — but are also impacted by issues such as high interest rates and inflation — they may need additional help to keep cash flow steady.
“Aon is pleased to work with QuickFee to assist in addressing the underserved needs of our SME accounting clients and allow them to make better business decisions.”
Managing director of QuickFee Australia, Bruce Coombes, said that the partnership with Aon would be a positive one for its clients.
“In uncertain times, accounting firms must be able to assist their clients with financial challenges without putting the firm’s operations at risk,” Mr Coombes said.
“For this reason, we are thrilled 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 clients and contribute to long-term growth.”
QuickFee said that through using its services accountants could accept remittance from clients in multiple 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.
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