Anchor
16 Case Studies
A Anchor Case Study
Ledgr Life, a lean accounting practice founded by Jennifer Feinson, was facing high costs and administrative friction with its previous billing platform, Ignition. The challenge included nearly $2,700 per year in subscription and credit card processing fees, coupled with a lack of automatic approvals for scope changes that delayed billing and required manual follow-up with clients.
By switching to Anchor, Ledgr Life implemented a usage-based billing solution featuring automatic amendment approvals. This change eliminated the monthly subscription fee, allowed the firm to pass processing costs to clients, and automated the billing process. As a result, Anchor helped Ledgr Life achieve a 78% reduction in its annual billing platform costs, saving an estimated $2,700 per year and freeing up cash flow to reinvest in the business.