Case Study: Spera Reclaims 5 Hours a Week and Moves 95% of Clients to Autopay with Anchor

Spera reclaims 5 hours a week and moves 95% of clients to autopay with Anchor

Anchor, a billing and payment platform, helped Spera, a small accounting firm, overcome significant challenges with its outdated billing processes. The firm, previously reliant on hourly billing and manual invoicing through QuickBooks, was losing an estimated 25% of its revenue to forgotten invoices and uncollected payments. This reactive system consumed roughly 20 hours per month and made cash flow unpredictable.

By implementing Anchor's solution for proposals, engagement letters, and automated invoicing, Spera automated its billing and collections. The results were substantial: billing administration time was reduced from 20 hours a month to just 40 minutes, and 95% of clients were moved to autopay. This transformation with Anchor effectively recovered the previously lost revenue and provided predictable cash flow.

Spera