Aon has teamed up with QuickFee, a leading online payment and financing provider for the accounting market, to offer its fee funding solution to the insurer’s SME accounting clients in Australia.
QuickFee’s fee funding solution enables accountants to send clients a payment plan quote anytime. The firm receives payment upfront, while its clients get the flexibility to pay their invoices over three to 12 months.
“In uncertain times, accounting firms must be able to assist their clients with financial challenges without putting the firm’s operations at risk. For this reason, we are thrilled to work with Aon and offer an effective combination of professional risk and cash flow solutions for accounting firms. This, in turn, will allow them to better support their clients and contribute to long-term growth,” said Bruce Coombes, managing director of QuickFee Australia.
Read more: Aon develops strategy and technology group
The partnership will also see QuickFee offer Aon’s suite of risk and professional indemnity (PI) products to its clients in Australia.
Aon Affinity managing director Lisa Henderson said the partnership will assist in addressing the underserved needs of the insurer’s SME accounting clients and allow them to make better business decisions.
“Cashflow is a key risk for businesses of any size. While accounting clients need to support their firms with risk solutions such as professional indemnity insurance and cyber protection – but are also impacted by issues such as high-interest rates and inflation – they may need additional help to keep cash flow steady,” Henderson said.
