Latest news with #GregStrickland
Yahoo
21-05-2025
- Business
- Yahoo
Australian accounting firms plan to raise fees
A survey by Ignition has revealed that Australian accounting firms are set to increase their fees, with 80% indicating plans for price hikes this year, primarily due to escalating business costs. This development is highlighted in Ignition's 2025 Tax and Compliance Pricing Benchmark, now in its second year, which offers insights into pricing trends within the sector. The survey, encompassing responses from 165 Australian accounting firms, suggests that nearly half of these businesses (47%) are looking at a 5% increase in prices, while 19% are preparing for a 10% rise. Ignition CEO Greg Strickland said: 'It's no surprise that mounting cost pressures are driving firms to raise prices this year.' He emphasises the potential for firms to enhance revenue and profitability through strategic pricing adjustments, noting that only a small fraction is increasing fees with profit margins (11%) or revenue (5%) in mind. Strickland said: 'By combining smart pricing strategies with tech and seamless automation, our goal is to empower professional services businesses to increase prices with confidence without having awkward client conversations.' The 2025 report benchmarks fees for various tax and compliance services and indicates an upward trend in fees compared to the previous year's findings. For individual tax returns, the proportion of firms charging over $300 has increased from 16% in 2024 to 26% in 2025. Similarly, for company or trust annual accounts and tax returns, 23% now charge more than $3,000. The report also highlights significant increases in fees for BAS lodgements and tax planning services, with more firms moving into higher charging brackets. "Australian accounting firms plan to raise fees" was originally created and published by International Accounting Bulletin, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Associated Press
19-05-2025
- Business
- Associated Press
Ignition enhances executive leadership with new SVP of Product, Tammy Hahn
Award-winning leader in product innovation has helped transform multiple startups into market leaders 'I'm thrilled to join Ignition at such a pivotal time. The company's mission to help professional services businesses get paid on time is not just operationally critical, it's deeply empowering.'— Tammy Hahn, SVP of Product, Ignition SAN FRANCISCO, CA, UNITED STATES, May 19, 2025 / / -- Ignition, a leading revenue and billing automation platform for professional services, today announced that Tammy Hahn, an award-winning leader in product development and innovation, has joined the Ignition executive team as Senior Vice President of Product. Hahn is responsible for Ignition's global product roadmap and delivery, and will lead and scale Ignition's product organization, including product management and design. Based in San Diego, California, Hahn also extends Ignition's US-based executive team. 'It's a privilege to keep welcoming outstanding leaders to Ignition, and I'm thrilled to add Tammy Hahn to that list,' said Greg Strickland, CEO of Ignition. 'Tammy brings deep expertise in product leadership and innovation, making her the perfect fit as we enter our next phase of growth, expand our presence in the U.S., and forge new strategic partnerships.' With 20 years of product development and leadership experience, Tammy Hahn is a visionary product leader with a proven track record of driving innovation and scaling SaaS companies through critical growth phases. Prior to joining Ignition, Hahn was SVP, Product at Skilljar, where she was instrumental in positioning the company for its strategic acquisition by Gainsight. As the first employee at Groundswell, she helped the company secure $15M in Series Seed funding led by Google Ventures. In one of her most notable achievements, Hahn led the product organization at Cornerstone OnDemand through its successful IPO and follow-up growth to nearly $1B in annual recurring revenue. During her tenure, she received multiple awards for product innovation, cementing her reputation as a leader who consistently delivers exceptional results. 'I'm thrilled to join Ignition at such a pivotal time. The company's mission to help professional services businesses get paid on time is not just operationally critical, it's deeply empowering,' said Tammy Hahn, new SVP of Product for Ignition. 'When teams aren't bogged down by billing issues, they can focus on what really matters: delivering exceptional value to their clients. I'm excited to help scale a product that makes this possible.' With Hahn's appointment, Dane Thomas, Ignition's previous Chief Product Officer and co-founder, will transition into a strategic Product Advisor role focused on innovation. He will also continue to actively support the business as Ignition co-founder and board member. About Ignition Founded in 2013, Ignition is the leading revenue operations platform for professional services businesses to transform their sales, billing and payment processes. Ignition automates proposals, invoicing, payments and workflows in a single platform, empowering over 8,000 businesses to sell, bill and get paid for their services with ease. To date, Ignition customers have managed relationships with over 1.9 million clients and earned $9b in revenue via the platform. Ignition's global workforce spans Australia, Canada, New Zealand, the Philippines, US and the UK. For more information, visit Kim Abreu AquaLab PR for Ignition [email protected] Visit us on social media: LinkedIn Instagram Facebook YouTube X Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Techday NZ
12-05-2025
- Business
- Techday NZ
Ignition launches AutoCollect to automate late invoice payments
Ignition has introduced AutoCollect, a feature designed to automate late payment collections for service-based small businesses. The new feature enables small businesses to automatically import unpaid invoices from commonly used accounting systems such as QuickBooks Online and Xero into the Ignition platform. AutoCollect also allows business owners to invite clients in bulk to pay invoices securely through an online portal, offering a streamlined experience for both parties. Additionally, clients are able to pre-save their preferred payment methods, making it possible for businesses to automate collection of future invoices and better forecast their cash flow. "We need to stop the cycle of service-businesses having to negotiate twice; first for the contract, and then to get paid. Late payments hurt small to medium businesses, impacting the ability to make payroll, pay rent, or hire needed employees," said Greg Strickland, Chief Executive Officer of Ignition. "Our goal is to wipe out late payments for good and help businesses reclaim their cash flow. AutoCollect is the next piece of the puzzle in Ignition's payments suite to make getting paid for every invoice as easy as possible." Late payment is a persistent problem for many small and medium-sized enterprises. According to research from Ignition, 94% of accountants and bookkeepers report that they need to chase clients for overdue payments. In the United States, over half of small businesses are regularly paid late, causing disruption to operations across affected sectors. AutoCollect is intended to simplify the payment process for professional services businesses by auto-importing unpaid invoices, offering secure online payment options, enabling clients to save payment details for future transactions, and automating collections for forthcoming invoices. The feature builds on existing payment solutions offered by Ignition, including the capacity to collect payment information upfront and pre-authorise payments when proposals are signed. According to Ignition, 91% of payments processed through its platform are currently collected automatically, helping customers avoid delayed payments and eliminate accounts receivable issues. Jack Colvin of Counting Clouds commented on the impact of the platform, stating, "Ignition has transformed the way we manage overdue invoices and collect payments, helping us get paid faster. The ability to batch and send payment requests from a single platform has been a game changer. The consolidated view of all payments makes it so much easier to manage both packaged and hourly billing without switching between systems." Ignition serves over 8,000 businesses in the services sector and has facilitated $9 billion in revenue for its customers since its founding in 2013. Its user base covers Australia, Canada, New Zealand, the Philippines, the United States, and the United Kingdom.
