Canopy has added payments to its tax practice management platform. The module, which is proprietary to Canopy, allows money transfers between Canopy’s customers and their clients using credit, debit or ACH.
In an increasingly automated technology environment, in-platform payments are a convenience well-received by clients who are used to the ease of consumer payment apps.
The payments feature costs a flat rate per transaction, with credit payments currently priced at 2.75 percent plus $0.30 per transaction, and ACH payments at $2 per transaction.
Canopy also offers automated, recurring billing for ongoing work. Accountants can customize payment schedules and save client financial details.
Additionally, the bookkeeping feature allows accountants to export their transaction history to other accounting software they may be using.
Canopy manages the entire billing process for users from tracking time and sending invoices to collecting payments. The company reports it focuses on “security first,” assuring customers their sensitive payment details are safe.
“We are constantly looking to make the work of tax and accounting professionals easier,” said Jordan Ray, chief revenue officer for Canopy, in a statement. “By integrating payments into our practice management software, we are not only benefiting our customers but also improving their clients’ satisfaction with a seamless experience.”
For more information on Canopy payments, visit
