---
title: "Professional Services & Accounting | Federated Banking™"
description: "Give every client a clearer financial operation. Multi-Client Accounts, Collections, Supplier Payments and more for Professional Services & Accounting on Federated Banking™."
url: https://federatedbanking.com/sectors/professional/
lang: en-GB
source: "Federated Banking"
---

> Give every client a clearer financial operation. Multi-Client Accounts, Collections, Supplier Payments and more for Professional Services & Accounting on Federated Banking™.

1. [Home](https://federatedbanking.com/)
2. [Sectors](https://federatedbanking.com/sectors/)
3. Professional Services & Accounting

Professional services and people

# Professional Services & Accounting

Give every client a clearer financial operation.

Multi-client collections, payments, approvals, reconciliation and reporting. Coordinate client collections, supplier payments, payroll support, reconciliation and reporting for many clients, entities and banks from one place.

[Build Your Network](https://federatedbanking.com/#final-cta) See the live demonstration

Capabilities

## What you build on Federated Banking™

1

### Multi-Client Accounts

Connect, create and operate financial accounts through a consistent experience.

2

### Collections

Initiate, receive and track payments across connected financial providers.

3

### Supplier Payments

Initiate, receive and track payments across connected financial providers.

4

### Reconciliation

Compare expected and external financial activity and surface exceptions.

5

### Reporting

Initiate, receive and track payments across connected financial providers.

6

### Approvals

Initiate, receive and track payments across connected financial providers.

Participants

## Who takes part

Federated Banking™ connects them through one operating layer, whichever providers sit underneath.

Firm Clients Client Entities Suppliers Banks Tax Authorities

[Rails, standards and regulators in the directory](https://federatedbanking.com/directory/?sector=professional)

Typical flow

## How the money moves, step by step

1. **Records received**
2. **Matched**
3. **Exceptions raised**
4. **Investigated**
5. **Resolved**

Live demonstration

## See it in the terminal

The record of one operation: what happened, when it happened and what followed (demo). Demo data

**Demo** Every organisation, provider, person and amount on this page is fictional, and nothing moves real money. Federated Banking™ works with the licensed providers you connect; it owns no payment rail.

Glossary

## Key terms for this sector

[Payment](https://federatedbanking.com/glossary/payment) [Collection](https://federatedbanking.com/glossary/collection) [Reconciliation](https://federatedbanking.com/glossary/reconciliation) [Exception](https://federatedbanking.com/glossary/exception) [Operating layer](https://federatedbanking.com/glossary/operating-layer)

Other sectors

## Related sectors

[Professional services and people Workforce & Umbrella Pay contractors accurately, every pay cycle. - Client Collections - Pay Runs - Contractor Payouts See the sector](https://federatedbanking.com/sectors/workforce/) [Professional services and people Freelance Platforms Pay independent talent anywhere, on time and in their currency. - Client Collections - Milestone Funds - Payouts See the sector](https://federatedbanking.com/sectors/freelance/) [Professional services and people Legal One way to handle client money across every office and jurisdiction. - Client Money - Matter Finance - Invoices See the sector](https://federatedbanking.com/sectors/legal/)

## Build Professional Services & Accounting on Federated Banking™.

[Build Your Network](https://federatedbanking.com/#final-cta) [All sectors](https://federatedbanking.com/sectors/)