Full Transcript
Ignition really is the first commerce and engagement platform for the account industry. So essentially what we do is proposals to payments. So you're able to send beautiful proposals with services listed out with the price against each of those services with a billing schedule against those.
So we have all sorts of ways that you can bill, whether that's weekly, monthly, hourly on completion, you name it, we can do that. And payments are automated. So think of it this way, once that proposal is sent and signed, you collect on the money, usually the first of the month, so you're never in arrears and you eliminate your AR entirely.
We've had customers who have eliminated six figure AR and we make sure that no money is left on the table. We did a survey last year and we found that the majority of CPAs in the US are leaving close to $77,000 of uncollected payments from their clients. We help you solve that problem, so you never have to worry about collecting again.
We're saving accountants hours, days, weeks, in terms of sending out those engagements, especially now at year-end. And once those engagements are sent, think of it this way, you're not collecting anymore. That money's coming in automatically. So those days that you spent collecting on those folks who haven't paid their tax bills automated, it's an amazing feature, an amazing product.
And when you think about it too, once that engagement is sent, we've had people who have signed and sent the acceptance in 42 seconds. So it's an amazing product that saves you an amazing amount of time and you're collecting your money automatically.
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