Quickfee (ASX: QFE) — Company Overview, News & Financial Data
Quickfee is a financial technology company that provides accounts receivable automation, payment processing, and fee financing solutions designed for professional service firms, primarily accounting and legal practices.
Quickfee
Quickfee is a financial technology company that provides accounts receivable automation, payment processing, and fee financing solutions designed for professional service firms, primarily accounting and legal practices. The company enables clients of professional firms to settle invoices through multiple payment methods, including electronic funds transfer, credit card processing, and flexible three-to-twelve-month financing plans. By integrating directly with practice management software, its platform automates payment reconciliation, reduces outstanding accounts receivable balances, and provides immediate cash flow for service providers while allowing end-clients to spread professional fees over time across operating jurisdictions in Australia and North America.
Snapshot
Operations
Products and/or services of Quickfee
- Fee Financing: Structured payment plan financing allowing professional firm clients to spread invoice payments over terms ranging from three to twelve months, providing upfront capital to service providers while end-clients make monthly installment payments under customized credit terms.
- Digital Payment Processing: Online payment gateway infrastructure facilitating card processing and automated clearing house or electronic funds transfer transactions, enabling clients of accounting and legal firms to settle invoices securely through centralized web portals.
- Accounts Receivable Automation: Automated workflow software designed to streamline invoicing, payment link generation, and client payment reminders, reducing manual collection efforts and shortening average collection cycles for professional services practices.
- Practice Management Software Integration: Direct software integration interfaces connecting payment and financing engines with major practice management platforms, automating real-time ledger reconciliation, transaction posting, and accounts receivable tracking for accounting and legal operations.
- Buy Now Pay Later Solutions: Short-term installment option embedded within payment portals, enabling professional services clients to divide smaller invoices into flexible monthly installments, expanding payment flexibility for routine consulting and tax advisory services.
- Custom Online Payment Portals: Firm-branded online payment interfaces integrated into service provider websites, allowing clients to select preferred payment options, review outstanding billing details, and execute secure transactions through compliant digital channels.
Quickfee executive team
- Mr. Bruce Gordon CoombesFounder, MD, CEO & Executive Director
- Mr. Simon YeandleCFO & Company Secretary