Journey, the leading go-to-market (GTM) agency for accounting technology, announces a strategic partnership with Adfin, an accounts receivable & payments platform designed to help businesses get paid: faster, cheaper, easier. This partnership will help to launch Adfin’s platform to the market, available for use both by accounting & bookkeeping firms, and their clients.
Getting paid isn’t easy. Late payments, high payment fees, and fragmented systems mean that managing & chasing payments is a time-consuming and expensive exercise for many professional service businesses. Adfin plans to tackle this challenge by providing a single platform containing automated invoice sending, chasing, and reconciling, along with a world-class payment experience consisting of direct debits, card, and open banking payments, providing a complete solution for businesses to manage payments efficiently.
All of this is supported with a simple, no-nonsense, transparent pricing model. No tiers, no monthly fees, just a flat rate that will only ever come down. Read about Adfin’s ‘Transparency Manifesto’ here.
_“We’ve been working with Adfin on some early product feedback and all of the signals suggest there is a strong need for this, both with accounting & bookkeeping firms directly and their clients’ businesses,” _said Jordan Vickery, Global Director and Head of EMEA at Journey. “It’s an exciting product combining fragmented payment methods together into a single platform with some intelligent workflows for chasing and failed payment options. We’re excited to partner with them on their journey”
Tom Pope, Co-Founder at Adfin, added, “Partnering with Journey is a significant step in expanding our reach and impact within the industry. Their extensive experience and deep understanding of the accounting-tech market will be invaluable.”
Key features of Adfin include:
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Works with any invoice: Adfin’s powerful OCR and AI allow you to import any invoice by simply dragging and dropping it into the UI. Adfin also seamlessly synchronises with Xero and QuickBooks
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**Multichannel distribution: **Adfin is the first platform that allows you to distribute over email, SMS and WhatsApp
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Automated reminder workflows: Adfin intelligently handles chasing for payment, continuously optimising timing and messaging to ensure timely payment
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**Prompt payment discounts and late penalties: **Before Adfin, offering discounts or applying penalties was too complex - now, it’s one click
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All payment methods in one place: Accept payments via cards, Apple Pay, Google Pay, Direct Debit, and bank transfers - all dynamically managed to increase success rates and reduce fees
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**Failed payment retries: **Automatic retries of failed payments using higher success methods
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Automatic reconciliation: Consolidated reconciliation of all payments directly into the accounting system - tested by leading accountants to be best-in-class
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Transparent, fair pricing. No subscription or minimum fee. Everything in the platform is available to everyone for one fee - which is only charged on successful payments. Adfin’s Transparency Manifesto makes them the first in the industry to commit to lowering prices as underlying payment costs fall
You can learn more about Adfin and get started here.
