Case Study: Hathaway Companies slashes payment processing fees and saves 15 hours a month with Anchor

Hathaway Companies cuts payment processing fees by 90% with Anchor

Hathaway Companies, a firm running three businesses in virtual assistant staffing and AI implementation, faced a fragmented and costly billing process. Their challenge involved using separate tools like QuickBooks, Stripe, and DocuSign for each entity, which required manual work for invoicing, proration, and collections and resulted in thousands of dollars in unmonitored monthly processing fees.

By implementing Anchor's consolidated billing and payments system, Hathaway Companies streamlined its operations. The solution automated invoicing and collections, replacing multiple tools with one platform. This resulted in a 90% reduction in payment processing fees, saving them approximately $2,700 per month, and the elimination of a DocuSign subscription for over $33,000 in annual savings. The team also reclaimed 10-15 hours per month on billing administration.

Hathaway Companies