Late payments are one of the biggest frustrations for accounting firm owners. You’ve done the work—why is getting paid so hard?
For many, this isn’t just an annoyance—it’s a real problem. Late payments disrupt cash flow, eat into margins, and waste hours of valuable time.
And it’s not just about slow payments. High fees and clunky systems make the whole process harder than it should be.
Here’s why it’s happening and what you can do about it.
The cost of late payments: more than just cash flow headaches Late payments leave firms guessing when they’ll see money they’ve already earned. In the UK, 27% of SMEs are owed between £5,000 and £20,000 at any time . That’s money that could be paying salaries, covering expenses, or helping you grow.
Why do clients delay payments?
No incentive to pay on time Clunky payment systems make it harder to settle invoices Manual chasing means reminders get missed or delayed The result?
Wasted time chasing payments Relying on costly credit to fill cash flow gaps Stress and distractions that take time away from your clients
Are you overpaying in payment fees? Payment providers rarely make it clear what you’re actually paying. Hidden charges and unnecessary fees could be cutting into your margins.
Here’s what you might be dealing with:
Unfair fees – Accounting is low-risk, yet many firms pay the same rates as high-risk industries like ecommerce.Hidden costs – Failed payments, chargebacks, and processing delays all add up.A messy payment stack – Using multiple providers makes tracking costs and optimising payments harder.You might be paying more than you should—without realising it.
A broken payment process is costing you more than you realise When your payment tools don’t work together, the inefficiencies pile up.
Does this sound familiar?
Payments are scattered across different platforms with no clear visibility. Failed payments lead to endless back-and-forths, frustrating your team and clients. Bulk payments and chargebacks require manual work that eats up hours. It’s draining your time, your money, and your patience.
It doesn’t have to be this way You can’t grow your firm when payments keep slowing you down. But fixing the process doesn’t have to be complicated.
👉 Download the Payments Guide now and take the first step towards faster, stress-free payments.
What’ you’ll learn:
✅ Get paid faster without damaging client relationships.
Don’t waste another day chasing payments or losing money.
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