Direct Debits for Accountancy Firms & Accountants

Overview

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Accountancy has evolved, and so has the way accountants charge for services. Instead of invoicing clients once annually in arrears, you can use Direct Debit to spread the cost in staggered monthly payments, making it easier both for you and your customers.

Accountants make up around 50% of our clients, so we have a deep understanding of the accountancy space and its processes and challenges. Whether collecting for VAT returns, tax returns, annual accounts, audits or ad-hoc consultancy work, you can use our Direct Debit and card payment facilities to bring faster, easier collections and improved cash flow to your business.

card payment — Many accountants offer consultancy services in addition to their regular work. While Direct Debit is the perfect solution for repeat payments, a card processing facility means you can also take payments for additional items in a simple and convenient way.

How We Work With You

Working closely with TaxAssist and the ICPA, as well as hundreds of accountants across the UK, we understand the importance of branded collection. Payments and receipts need to be easily identified, and your business name will appear on statements rather than that of an unfamiliar service provider.

Every firm has their own requirements, and we will go over your needs to see exactly how we can bring benefits to your business. Our efficient online portal and central reporting suite offer great functionality and access to data, and we provide training to ensure you get the most out of it. Customer service is paramount to us, and we take care to provide a solution that is tailored specifically to you.

We can also help you help your clients. Many accountants approach us looking to refer clients who need to make the switch to Direct Debit and card payments, and we have ongoing relationships with many clients who have taken advantage of our referral scheme.

Branded accounts

Your clients’ bank statements will show your business name as the payment reference, not your service provider.

Referrals

If our service works well for you, it could work for your clients too. Ask us about our partner scheme.

Spreading payments

We remove the pain of annual charging and allow you to spread your fees over the year for more manageable payments.

Client retention

Smaller, affordable monthly payments taken in a frictionless way help foster an easier relationship with clients.

As a qualified accountant, I understand the specific benefits the industry can gain from Direct Debits and card payments, and have adapted our services to work around these pressure points.

Kevin Morgan — MD, London & Zurich

It's never been easier

Setting up payment services through London & Zurich means that as well as getting paid quickly and on time, you enjoy all the other benefits of our service.

All your data and transactions will be safe thanks to our security measures – a secure portal, firewall, segregation of SUNs and funds, UK-based dual-located servers, and of course physical precautions at our offices.

We are a Bacs Approved Bureau, FCA accredited, and are consultants at the Bacs affiliates meetings. We are happy to be involved in decision making and policy development in the payment gateway industry, and accordingly we take our obligations very seriously.

Your questions, problems and concerns matter to us, and we place a lot of weight on our personal approach to customer service. The smooth running of your payment collections is our priority; we want to help make your business better and welcome your feedback. Building great relationships with our clients is important, and we’re always at the end of the phone.

It’s never been easier to set up with London & Zurich. Talk to our friendly support team today and let us know what you need.