In 1998 Malcolm Ebb and Miki Simonovski were working for a global finance company subsidiary that was in the Insurance Premium Finance industry when we recognised a version of that product could be adapted to help accounting and legal firms with cash flow. We developed and launched the Professional Fee Finance product in that same year.

In 2005 Malcolm and Miki decided to start their own business specialising in Fee Finance. After 2 years of setup (financing, technology, legals and marketing) we finally launched FeeSynergy in early 2007. It wasn’t easy: funding was hard to secure and the GFC tested us, but we stuck with it and built a finance business that now supports hundreds of accounting and legal firms across Australia and New Zealand.

In 2015 we realised that Fee Finance alone wasn’t having the desired level of material impact on debtor days for most firms We concluded that only debtor management software was going to deliver the results we wanted for our clients. After scouring the market we quickly learnt that there was no software designed to fit the realities and needs of our professional service firm client base. As a result we decided to build one! Fast forward to today: we are proud to say that today we deliver a fully integrated, comprehensive suite of technology solutions and services for the firms we partner with and we do make a very material difference to them all.

People often ask us how FeeSynergy is so successful. For us it comes down to a few simple things: we never lost sight of our original mission, we create products that solve real industry problems, we’ve hired a talented, service-obsessed team, and we keep investing in R&D. Mostly, Miki and I still enjoy working together, and nothing beats the buzz of helping our clients get on with their work. We’re proud of what we’ve built, feel as ambitious as ever, and we’ve only just begun.