Case Study: Farnell Clarke doubles fixed-fee income with Receipt Bank

How Farnell Clarke doubled their fixed-fee income

Farnell Clarke, a UK accounting firm, wanted to eliminate price uncertainty for clients and avoid underpricing or overservicing on quotes. They worked with Receipt Bank and used its automation to help support a fixed-fee, value-based pricing model that could be set clearly from the start.

Receipt Bank helped Farnell Clarke standardize work and offer flexible fixed-fee packages, with prices publicly listed on the firm’s website and marketing materials. The result was dramatic: client fees doubled overnight, client relationships improved, and the firm created more opportunities to upsell value-add services.

Farnell Clarke

Will Farnell

Founder