Case Study: GrowFactor saves £5,000 in time costs and £50,000 in reduced receivables every month with GoCardless

GrowFactor - Customer Case Study

GrowFactor (formerly SRK Accounting) is an award-winning digital chartered accountancy practice of 14 employees that provides strategic growth advice to small businesses. They were losing time to manual administration and chasing late payments while using standing orders that couldn’t integrate with their cloud accounting workflow. Simon Kallu found GoCardless via the Xero partnership and chose GoCardless for Xero to address these issues.

GoCardless implemented its GoCardless for Xero integration to automate invoice sending and payment collection, provide automatic reconciliation, and allow clients to sign up online from any device, helping GrowFactor remain paperless. As a result, GrowFactor saves two days of administration per month and reports £5,000 saved in time costs and £50,000 in reduced receivables every month, while improving client transparency and supporting the firm’s growth plans.

GrowFactor

Simon Kallu

Managing Partner