Anchor

Anchor is for accounting firms, bookkeepers, and other professional service businesses that want to manage client billing and collections without tracking every invoice manually. It connects proposals and client agreements to billing, so teams can set payment terms and collect a client’s payment details before work begins. Agreements can be updated as services, hours, or pricing change. Businesses can send proposals and agreements for digital signature, create fixed, hourly, recurring, or one-time invoices, and accept ACH or credit card payments. Anchor can generate and send invoices based on agreed terms and billable work, collect payments using the client’s saved payment method, and send email or text reminders for pending proposals, invoices, and payments. A dashboard tracks proposals, invoices, and payouts, while a client portal lets customers view agreements, invoices, and payments. Anchor also supports automatic reconciliation and syncing with QuickBooks Online, plus connections to other apps through Zapier. It may suit service businesses looking to bring client agreements, invoicing, payment collection, and reconciliation into one billing workflow.

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