Case Study: McCormick Tax Group improves cash flow with FreshBooks

Meet Jessica, an Accounting Pro Who’s Significantly Improved Her Cash Flow Using Cloud Accounting Software

McCormick Tax Group, a Chicago-based tax and bookkeeping firm, was struggling with slow-paying clients and the strain of managing invoicing and accounts receivable manually as the business grew. The company needed a more flexible, easy-to-use accounting solution, so it turned to FreshBooks and the FreshBooks Select program.

FreshBooks implemented online invoicing, payment collection, low credit card fees, and automated payment reminders, helping McCormick Tax Group simplify collections and reduce time spent on follow-ups. As a result, the firm significantly improved cash flow and collected on accounts receivable at a higher rate than before, with clients responding well to the FreshBooks process.

McCormick Tax Group

Jessica McCormick

Accounting Pro