California-based company QuickFee, which accelerates accounts receivable for professional service firms, relocated its U.S. headquarters to Plano’s Legacy business park, according to a news release.

Accounts receivable is an asset account on company balance sheets that represents money due to a company in the short term. QuickFee helps its clients get paid faster, and cut down on check processing costs by automating and speeding up the bill-to-cash cycle for firms through multiple online payment options and e-invoicing integrations.

Plano Mayor John Muns and QuickFee President Jennifer Warawa held an opening event, which commenced with a ribbon-cutting ceremony followed by an open house, according to the release.

“The financial technology company will provide critical services for professional service firms on a national scale from its new location in Plano, Texas. QuickFee will join our robust and ever-growing international business community,” Muns said in the release.

The QuickFee relocation follows a string of U.S. headquarters relocation announcements in Plano.