Anchor
Get paid on autopilot, from proposal to paid
About Anchor
Anchor is an autonomous billing and collections platform for accounting firms, bookkeepers, and professional services businesses. It turns signed proposals and agreements into automatic invoices and pre-approved ACH or card payments, then reconciles them with QuickBooks Online or Xero. Instead of a subscription, Anchor charges a flat $5 per payment received.
Pros & Cons
Pros
- No subscription fee; you pay only $5 when a payment is actually received
- Covers the full flow from proposal and e-signature to invoicing, collection, and reconciliation
- Pre-approved ACH or card payments remove most collections chasing
- Unlimited users, clients, and agreements on the single plan
- Real-time sync with QuickBooks Online and Xero
- Card processing fees can be passed to the client
Cons
- Per-payment fee adds up for firms with many small monthly invoices
- Best suited to firms already using QuickBooks Online or Xero
- Focused on the US market and on accounting and professional services workflows
- Few independent reviews outside vendor-curated testimonials
Key Features
Proposals and quotes
Send branded, interactive proposals that clients can review and sign digitally from any device.
Living agreements
Client agreements that can be amended as scope, terms, and pricing change, with billing following the updated terms.
Automated invoicing
Invoices are generated and sent automatically based on agreement terms, supporting fixed, hourly, recurring, one-time, and quantity-based billing.
Pre-approved payments
Clients connect an ACH or card payment method up front, so payments are collected automatically when invoices are due.
Auto-reconciliation
Invoices and payments sync in real time with QuickBooks Online and Xero to keep books reconciled.
Reminders and dunning
Automatic SMS and email reminders for pending proposals, invoices, and failed or late payments.
Client portal
A dedicated portal where clients access their agreements, invoices, and payment history.
Business dashboard and activity log
Track upcoming proposals, invoices, and payouts, with an audit log of every change in the account.
Integrations
Connects with QuickBooks Online, Xero, Zapier, Make, Gmail, and Slack, and offers an Anchor MCP server.
Pricing
- No monthly subscription fee
- Unlimited users, clients, proposals, and agreements
- Unlimited automated invoices and payments
- Free ACH bank transfers
- Card payments at 2.9% + $0.30, paid by the client
- Automated reminders and dunning emails
- QuickBooks integration
- Dedicated account manager and human support
Best For
Accounting and bookkeeping firms
Automate monthly retainer billing and collect fees via pre-approved ACH instead of chasing checks.
Tax practices
Send engagement proposals with clear scope and collect payment automatically when work is completed.
Marketing agencies and consultants
Turn signed agreements into recurring or milestone-based invoices with automatic collection.
Small service businesses
Replace manual invoicing and payment follow-ups with a no-subscription billing flow.
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