PAYMENT SOLUTION FOR ACCOUNTANTS
Canopy Payments
Credit card processing for accountants. Getting paid should not be difficult. Period. Maybe even exclamation mark!
Usher your payments into the 21st century.
As charming as "holler & tick" was…let's live in the 2020's.
Get Paid 58% Faster
Canopy Payments cuts average DSO to 8–11 days—down from 19–31 with manual methods. For $20K+ invoices, firms see a 65% faster turnaround.
Consolidate Systems
Process payments directly within Canopy—no more juggling disconnected systems. Less context switching, fewer errors, and more time back in your day.
Turn Payment Data into Insights
Canopy’s built-in reporting tools let you track DSO trends, payment status, and client behavior all in one place. All so you’re making informed decisions, not flying blind.
Payment Processing
Setup/In-app Merchant Onboarding
Saving time starts with the smallest tasks—like setting up Payments. That’s why we have partnered with a payment processing expert and built the merchant onboarding process directly into Canopy. Now, your firm can complete the application quickly and easily without ever leaving the platform.
Automated Payments and Getting Paid
Once you’ve invoiced your clients, it’s time to get paid (insert “raining money” gif here). Whether you need to take payments on a one-time basis or automate them, Canopy can do what works for you.
- One-time payments
- Refund payments
- Partial payments
- Scheduled payments
- Recurring payments
Card Payments
Canopy Payments takes all major card types—VISA, MasterCard, American Express (AmEx), Discover. Our card processing rates start at 3.30% + $0.20 per transaction. Rates vary based on processing volume.
ACH Bank Transfers
Canopy offers low-cost ACH bank transfers for 1% per transaction with a $10 cap. If your firm or clients prefer not to deal with the limitations that come with credit cards like expirations dates or higher fees, look no further than Canopy ACH bank transfers for a simple, cost-effective alternative.
Save Payment Methods
Make it easier for clients to pay, and more importantly for your firm to get paid, by saving payment methods in the Client Portal. Clients can easily add, manage, and update bank accounts or card payments. They can also easily see their balance due and pay directly from our Client Portal on their browser or app, or share their payment methods with your firm so you can run it on their behalf.
Mobile Functionality
Give your clients a simple way to pay with the Canopy Client Portal app, where your clients view and manage all of their billing-related data so they can:
- See outstanding balances and invoices
- Pay invoices
- Add, save, and manage their payment methods (including giving nicknames to and designating preferred payment methods)
- View their payment history
Reports
Keep an eye on your payment data—view it aggregated for all clients or drill down by individual clients.
Payments reports include:
- Graph of payments collected, customizable by date
- Chart of payment methods, customizable by date
- List of all payments received hyperlinked to the client record where you can access a complete list of payments for just that client (and view if that client is linked with QBO from the payments report)
- Upcoming and recurring payments, deposits, and refunds
Surcharging
Offer card payment options to your clients without taking on the financial burden to your firm. Pass on credit card fees to your clients with surcharging.
Quick Pay
Quick Pay streamlines invoice payments by allowing clients to pay directly through a secure link in their email, bypassing the need to log into the Client Portal. It introduces a “Pay now” button in invoice emails for effortless payments. Don’t worry, clients can still access their Client Portal for partial payments or to use saved payment methods. Available with a Time & Billing license, Quick Pay requires signing up for Canopy Payments for faster, secure transactions without extra signup fees.
Canopy Payments Beats Manual Payments
Get paid faster with payments embedded directly in your practice management tool (and client portal).
Firms get paid 58% faster when using Canopy Payments
Average time to collect payment on an invoice using Canopy Payments
AI & Automation actions taken in Canopy
secure and reliable
Security & PCI Compliance
This is serious stuff. Just know: our integrated payment partner has a PCI Level 1 certification providing your firm and clients with a secure, reliable payment platform. They’re audited annually, undertake regular penetration testing, and have maintained their PCI DSS compliance for more than a decade. Canopy dedicates internal teams to Information Security, Legal and Audit, focusing on best practice data management processes.
“We had one employee handling accounts receivable, and once we moved from five different merchant processors to Canopy, we basically bought back 25 hours of his week. What used to take 25–30 hours now takes just a couple hours.”
“[Canopy offers a] more streamlined payment collection process and better task/project management. We have saved hours upon hours of time with our team, our office manager alone has reduced the number of hours required to handle client payments by about 4-5 hours per month!”
Ready to get started?
Frequently Asked Questions
Can’t find the answer you are looking for? Reach out to our support team.
No, there are no surprise fees! The rates for Canopy Payments will include all of the fees and costs associated with regular card transactions and ACH bank transfers if you choose to use this tool. Additional features or functionality may be offered in the future that may come with other costs, but we will communicate those costs as or if they happen.