Direct Debits for Accountancy Firms & Accountants
L&Z helps accountancy firms automate fee collection: payments arrive on time, reconciliation is faster, and your clients’ experience is more professional.
The billing challenges facing accountancy services
Most accountants are excellent at managing their clients’ finances. Managing their own cash flow is another matter. Invoices raised at month end, chased two weeks later and paid, eventually, by bank transfer are a drain on resource that grows quietly as a practice scales.
The problem is compounded by client relationships. Chasing fees from the same clients you advise on financial management can feel awkward, and manual reminders eat into time that should be spent on billable work.
For practices offering monthly retainers, ongoing book-keeping or payroll services, Direct Debit is the natural solution. Clients authorise their mandate once and fees are collected automatically on the agreed date each month. No invoices, no chasing, no delay.
Beyond practice management, accountants can also recommend Direct Debit to their clients, helping them set up reliable collection systems for their own recurring revenue, and adding tangible value beyond compliance and year-end work.
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 London & Zurich helps accountants and their clients
Automated fee collection for your practice
Set up Direct Debit instructions for each client and collect your monthly retainer or fixed fees automatically. Payments arrive on the date you set, reconciliation is straightforward, and your client never receives a late payment reminder.
Faster reconciliation
Direct Debit payments are predictable by nature, you know exactly when they’ll arrive and for how much. That makes bank reconciliation faster and more accurate, with fewer unexplained transactions to investigate at month end.
Recommending Direct Debit to your clients
Many of your clients — from professional services firms to tradespeople with repeat customers — could benefit from automating their own collections. London & Zurich offers a referral or partnership programme for accountants who want to support their clients in setting up Direct Debit.
Online mandate sign-up for quick client onboarding
New clients can authorise their Direct Debit mandate digitally, no paper forms, no back-and-forth. A smooth sign-up experience from day one.
Branded statements
Branded bank statements provide a better customer experience
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.
Referrals
If our service works well for you, it could work for your clients too. Ask us about our referral scheme.
It's never been easier
Setting up Direct Debit and card payment services through London & Zurich means, as well as getting paid quickly and on time, you enjoy all the other benefits of our service.
We prioritise security and compliance in handling payments and our systems ensure the safe storage and protection of financial, personal, and corporate information.
To keep payment data safe, we use security measures like Multi-Factor Authentication (MFA) and store information exclusively on UK servers. We adhere to GDPR rules in managing all data and our Bacs Approved Bureau status subjects us to regular inspections, ensuring we consistently meet high standards in security, confidentiality, integrity, and service availability. To find out more about security, head over to our dedicated page.
The smooth running of your payment collections is our priority. We place a great deal of importance on our personal approach to customer service and problem solving, and welcome your feedback. We like to build great relationships with our clients and our team will always be 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.
Accountancy FAQs
Payment Solutions
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Ready to make Direct Debit work harder for your business?
London & Zurich offers a tailored, dependable solution to help your money reach your bank quickly. Talk to us today about our Direct Debit services. No pressure, no jargon – just expert advice from a team that genuinely cares about getting your payments right.
We’re here at the end of the phone when you need us. Give us a call 01462 418117.