Report / webinar
It's time to rethink how professional services firms get paid.
It takes the average UK accounting firm 105 days to turn chargeable time into cash. For most firms, this is treated as the cost of doing business, but the infrastructure to change that now exists.
Payment systems have matured. 98% of direct debits clear first time. When they don't, automatic fallbacks double recovery rates.
Reconciliation is solved. Payment now allocates to the invoice the moment it lands.
AI has absorbed the work of chasing. Drafting the email, judging tone, agreeing an instalment plan - AI now does most of it in the background.
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"Achieving Double Zero is core to Nuvo's vision. We've moved thousands of clients onto direct debit, and it's already changing how we run the firm."
Philip Reader
Finance Director at Nuvo