HOW IT WORKS
Browse collection opportunities
After connecting your cloud accounting software, CollBox automatically shows you all of your past-due invoices that can be sent to collections so you can quickly see what you want to recover.
Get Paid on Past-Due Invoices
CollBox is a platform for getting businesses paid for their hard work – in just a click.
EFFORTLESS & EFFECTIVE
CollBox revolutionizes your accounts receivable process
Getting paid what you’re owed can be a painful, time-consuming, and inefficient process. The CollBox platform simplifies the process of getting paid by connecting to your existing cloud accounting software, identifying past-due accounts, and instantly pairing them with the best provider for the job, whether that’s a gentle Receivables Specialist or a vetted Collection Agency.
SEAMLESSLY INTEGRATES WITH YOUR CLOUD ACCOUNTING SOFTWARE
Don’t see your accounting system or your system isn’t available yet? Contact us and we will get you taken care of right away.
Connect your accounting software
CollBox seamlessly integrates with cloud accounting systems so you can get started immediately.
See how much we can collect for you
CollBox analyzes your accounts receivable to identify slow-pay and no-pay customers. Simply select the past-due accounts you want help with and we’ll take it from there.
Leave it to the experts
Behind the scenes, CollBox manages a network of reputable, vetted receivables agents and collection agencies. Your specific debt is matched with the provider who has been proven to be effective within your industry.
Receive a clear, risk-free offer
CollBox is free to sign-up. We help you pick the right solution for your situation and get you a transparent offer on getting paid for your hard work.
Get paid and get back to your day
CollBox automatically gives the servicer everything they need to get the job done. We notify you when money’s coming your way so you can get back to what’s important—running your business.
Run an accounting practice or firm?
CollBox is an effortless way to provide Accounts Receivable services for your clients with A/R without even picking up the phone. Learn more about how we help you provide more value to your clients.
"For a small business to deal with [collectors] is painful; it’s work; it’s a hassle. Why couldn’t it be as easy as Uber? Well, that’s what CollBox built."
Scott Cook, Founder of Intuit
How it works
Browse collection opportunities
After connecting your cloud accounting software, CollBox automatically shows you all of your past-due invoices that can be sent to collections so you can quickly see what you want to recover.
1
Select account to send to collections
Simply choose a past-due account from the outstanding list to send to collections. You’ll see all of the details for that account with past-due amounts for your review.
2
Confirm account details
Review the information about the past-due account and confirm a few details before placing it into collections.
3
Accept the clear, risk-free offer
Based on the amount and age of the debt, you will see a transparent, competitive rate to place it into collections with a vetted, effective collection agency. Collection agencies only receive a collection fee if they successfully collect for you.
4
Sit back and relax
Once you place a past-due account with CollBox, we’ll route it to the collection agency within our network that is best suited for your situation. From there, you can get back to what matters most – running your business – and leave the rest to us.
5
THE CHALLENGE
A Few Facts About Debt Collection
Many business owners lose thousands of dollars a year because they don’t have the time or expertise to collect overdue debts.
Yet there is a whole industry dedicated to collecting debt, including many agencies who provide specialist services for small businesses. The right agency takes over the list of debtors and implements proven processes that persuade most of them to pay out. The agency takes a fee for the service, but it’s still better for the business owner than getting nothing at all.
Using conventional methods, the challenge has always been finding the right agency. There are many unscrupulous and expensive collectors among the professionals. Luckily, we have done the due dilligence for you. We only only use certified agencies that meet all qualifications of our vetting process.
Invoices lose approximately 12% of their value every month they remain outstanding.
Once an invoice is beyond 90 days past due, your chances of collecting it drop by 40–80%.
Just because you can write off the bad debt doesn’t mean you’re recovering the full value of the invoice—you’ll need considerable additional revenue to offset the lost time and cost.
While some larger companies have in-house solutions for bad debt, that doesn’t mean smaller companies have to do without a team working on their behalf.
Even if you’ve already written off a bad debt, that doesn’t erase the obligation to pay—you may still be able to collect on that bad debt.
Start collecting on your past due invoices today
It’s free to set up and you’ll get a transparent, risk-free offer on getting paid in minutes.