Traditional client accounting is like an airport.
You’re spending too much time waiting… stuck in limbo, between departed and arrived.
Whenever I sit in an airport departure lounge, it occurs to me that traditional client accounting has a lot in common with air travel.
Think about it.
Nobody books a holiday to experience airport security.
Nobody celebrates sitting at the departure gate.
Nobody arrives home saying,
"The best part was the delay."
Those are simply stages of the journey.
The outcome is arriving at your destination.
Yet, in traditional client accounting, we've somehow become conditioned to celebrate the equivalent of departure.
Payment Sent.
Except the landlord is still waiting.
The accounting event isn't complete.
The journey isn't over.
Take a look...
Most are trying to solve the wrong problem.
For years, software providers have focused on making waiting more efficient.
The problem was never how to manage the wait.
The problem was that you were waiting in the first place.
What you got was software that was better at:
• Checking the bank.
• Importing bank feeds.
• Reconciling receipts & payments.
• Working around banking windows.
• Meeting payment deadlines.
• Celebrating "Payment Sent."
….even though the journey wasn’t over.
LettsPay didn't make waiting faster.
We removed it.
Instead of improving the journey, we changed the outcome.
Embedded banking allows the accounting event to complete as the money moves.
Not hours later.
Not tomorrow morning.
As it happens.
No waiting for bank feeds.
No waiting for payment windows.
No waiting for payments to land.
Payment Sent isn't the goal.
It's simply another stage of the journey.
Landlord Paid is the destination.
Because that's when the accounting event is complete.
The LettsPay result.
One receipt.
One accounting event.
Instant allocation.
Instant reconciliation.
You approve it for UK Faster payments.
Payments land, completed 24 hours a day, 365 days a year.
Not tomorrow.
Not later.
Now.