User story - Rivington Accounts
"All payments now arrive into our bank the same day – free of charge!"
Martin Horton
Owner, Rivington Accounts
Company intro
Rivington Accounts are the leading accountant for business growth in the North West. With a strong client-focused approach, Rivington Accounts look to partner and build honest relationships with growing businesses by delivering fast accountancy and taxation services. With a wide range of services, Rivington Accounts can help with compliance services, book keeping, business reporting, tax advice and general business guidance.
Key Benefits
- Same day payments
- No more payment fees
- Instant reconciliation
Challenge
Cash flow and revenue forecasting for businesses accepting card payments is made difficult by the varying settlement times and associated fees. Rivington Accounts work closely with a wide range of businesses and it was important to find a solution which would accept payments in an easy and convenient fashion across industries, but without having to accept processing costs or delays.
"It was a daily challenge worrying about card fees and settlement times."
Solution
Crezco allows Rivington Accounts and their clients to collect payments online without relying on the card schemes. Leveraging open banking technology, Crezco processes account-to-account payments instantly. There is no card data to store, no card fraud, no fees, no delay, no chargebacks and no reconciliation headaches. Businesses only need to connect to Crezco once to have their invoice payments seamlessly and securely paid in seconds.
Results
Rivington Accounts chose Crezco because they needed to cut payment costs and improve their cashflow. Both achieved instantly with Crezco. As an added benefit, they were able to provide their customers with a secure, convenient checkout which reconciles seamlessly with their accounting software.
"Using Crezco reduced payment costs to zero and improved our buying power and liquidity over night. Now our online payments settle into our account on the same day and free of charge."
With this partnership, Rivington Accounts join thousands of companies using Crezco today to simplify, accelerate and secure their payment processes for free. Card payments and manual bank transfers are not the only options anymore.
Next steps
Rivington Accounts will continue to innovate and provide new services to better serve their growing customers in the most efficient way possible.
