Here is your October rundown.


Build your sea wall before the tide turns

In a strong market, a slow receivables process is invisible. New work keeps closing and deposits keep landing, so nobody notices the cash that isn't arriving.

Then conditions change. Clients protect their own cash by holding on to yours. Terms stretch to 60 days, then 90 and beyond, and chasing becomes someone's full-time job.

Preparing for that doesn't mean slowing growth. It means automating your defenses now, so the gap between doing the work and getting paid stays closed when the market turns.

Four ways Apxium helps firms shore up cash flow

Apxium Collect builds cash flow defenses into your billing process.

Company updates

Crowe UK joins Apxium Collect. We have extended our relationship with Crowe to include its UK operation, a firm with annual turnover of £200 million. Scale is the real test of any receivables process. Firms that grow to significant scale automate because manual follow-ups have stopped working, this same pressure reaches smaller practices too, just as they are looking to grow.

A new apxium.com. In August we relaunched apxium.com. It brings invoice management, smart online payments and lending together in one place, is easier to navigate, and puts our team one click away on any page. The industry resources section will keep growing.

Solutions in focus

Fee Funding: get paid 100% upfront, at no cost to your firm

Every invoice sitting at 60 or 90 days is an interest-free loan from your firm to your client. With lock-up across the profession averaging around 113 days, that is a lot of lending nobody agreed to. Stop being your client's bank.

How Fee Funding helps: Fee Funding lets client’s pay in instalments while your firm is paid in full, at no cost to your firm. Fees land faster, clients get flexibility without asking for a discount and repayments are collected automatically.

Tax Pay launches in Canada

Stop reacting to tax debt. Start using it as a lever.

Firms keep raising the same problem: clients face fixed tax deadlines on unpredictable cash flow. Traditional financing is slow, heavily secured and rarely built for a short-term, tax-specific need. It has become harder to access as funding costs rise and credit tightens.

How Tax Pay helps: Tax Pay is a fast, unsecured facility for tax payments, so businesses keep control of their cash and don't have to choose between the tax bill and their growth plans. We’re launching the solution in Canada at Accountex Toronto on November 3 and 4.

Find out more about Tax Pay · Book a briefing with Jay Morris

Where we've been

Firm Growth Forum: San Diego (May 19 to 20) and Washington, DC (September 23 to 24). Accounting Today's conferences for small and mid-sized firms focused on scalable growth, attracting the right clients, and creating capacity through automation. Joe Woodard keynoted in Washington.

The question we heard most in the exhibit hall matched the one we hear on sales calls: how do we grow without adding cost to chase cash? Automating the follow-up is how more firms are answering it.

IRIS Inspire, Nashville (September 27 to 29). IRIS brought its user community together to work through practice management, automation and what firms should build next. Apxium CEO and founder Jeremy Coombe joined a panel on the future of the profession and what firms need to deliver growth.

Talk to us

Visit the new Apxium.com