Step-by-sep guide to introducing Mimo
Now that you, as an accountant/bookkeeper, have identified clients for Mimo, it’s time to introduce them to the platform. Start by letting them know they’ll receive an invitation to join Mimo as soon as you’ve added them. Below, you’ll find resources to help you present Mimo effectively and clarify its benefits for your clients.
Mimo’s key features and benefits
✓ Overview of Mimo
Mimo is an all-in-one financial platform designed to simplify business financial processes, such as accounts payable, payroll, and accounts receivable. By centralising these tasks, Mimo helps businesses save time, reduce costs, and gain better control over their cash flow. You’ll handle most of the work, allowing the client to focus on running their business, with only approvals needed from them.
✓ Effortless payment management with FX Savings
All payments are consolidated in one place for easy management. You oversee accounts payable with one-click payments, approval flows, and access to market-leading foreign exchange (FX) rates, potentially saving clients up to 2.5% in fees. Clients simply select a payment method, such as a bank account (via open banking), Mimo Wallet, or credit via Mimo Flex - and review payments through approval workflows.
✓ Streamlined payroll with minimal client Input
Mimo makes payroll management seamless. Using Mimo’s drag-and-drop functionality, you can upload payroll files and handle all payouts. Payroll is processed alongside other payments, reducing complexity for the client. For clients, this means they don’t need to worry about payroll - it’s all managed by you.
✓ Accounts Receivable
Mimo offers businesses a powerful way to accelerate cash flow by automating accounts receivable. The platform tracks customer behaviour, sends automated payment reminders, and provides tools to streamline collections. You remain in control, with clients only needing to take action when absolutely necessary.
Managing onboarding on behalf of the client
You manage the 6-step onboarding process on behalf of your client, and they receive an email to approve the final submission. You can track the onboarding status for all clients on your accountant dashboard. When the status shows as Ready for setup, you can follow these directly in Mimo using the Setup guide, which walks you through everything.
Here’s how to get started:
Connect the accounting software – Mimo automatically syncs invoices and bookkeeping data.
Connect a bank account – Link the bank to streamline payments and instantly top up your Mimo Wallet via Open Banking with an initial £1 transfer.
Set up reconciliation – Map accounts in the accounting software for smooth bookkeeping.
Invite the client – Collaborate and review payments directly in Mimo.
Scheduling a welcome meeting post-approval
When you receive the email confirming the client’s account is active and ready for use, we recommend scheduling a brief introductory meeting to walk through the platform and discuss ways of working with the client.