Industries we work with
Accounting & Bookkeeping
Accounting and advisory firms are in a great position to assist clients with better cash flow control. Since cash flow accounting is a major issue affecting SMBs, you're well equipped to support clients at any stage of growth and development.
For many businesses, traditional cash flow strategies aren't enough to stave away the effects of negative cash flow. In fact, many contemporary cash flow finance options act as a band-aid to much deeper problems.
The average small business cash flow story
Accountants and financial advisors know better than anyone that poor cash flow wreaks havoc on small businesses. If you're a small business bookkeeper or financial advisor, you're all too familiar with the signs of disaster.
- In Australia, 92% of small businesses experience at least one month of negative cash flow per year. One in five find themselves stuck in the red for six months or more.
- 90% of small businesses will close their doors due to poor cash flow management.
- The average small business waits for 31 to 38 days for invoices to be paid. Some companies are forced to wait weeks, if not months, to refill their bank accounts.
Traditional finance outlets don’t often provide much help. Small businesses strapped for cash might find themselves crushed between high-interest debts and mounting stress, while certain business cash flow options limit how much money they can receive in advance. This could be a death knell in today's financial climate — even for established brands.
As an accounting or advisory firm, it's your duty to help clients navigate the pitfalls of negative cash flow. That means recommending unique platforms, services and software solutions designed to solve the status quo.
How to improve cashflow
Marmalade is a world first cash flow platform that lets businesses take early payment on eligible invoices and have that money in their account within 24 hours. Unlike traditional options such as invoice financing, Marmalade does not require extensive credit checks or guarantees. With Marmalade, businesses can access 100% of their invoice value early. We charge a transparent, one-time fee between 3% and 5.5% per invoice. There are no interest and no hidden fees.
Plus, we've been endorsed by your peers as well — just ask Dylan Byrne at BDO Australia!
How to get started with Marmalade
Here's a quick walkthrough of how Marmalade works:
Sign up for a free account with Marmalade
Issue invoices with Marmalade Virtual Bank Account (VBA) details
Select invoices you would like to have paid early
Pay a one-time fee of between 3-5.5% per invoice
Get your money within one business day
Jumpstart your client’s cash flow success
Business success is a team effort — especially regarding cash flow. As a financial service provider for Australian businesses, you know how to connect the right platforms to the right people at the right time.
Whether you provide bookkeeping services for small businesses or serve as an accountant or financial advisor, Marmalade could be the perfect tool for your clients as they cash flow their way to success.
Curious to learn more about how we help clients thrive? Shoot us a message to chat , or sign up for a free account today.