Businesses collect more annually when they implement CollBox, without any of the headache, hassle or wasted payroll hours that go hand in hand with an internal collections process.
CollBox directly integrates with popular cloud accounting solutions like QBO, Xero, FreshBooks and SageOne to make it easier than ever before to send past-due invoices to collections.
Think of CollBox as an extension of your practice! Whether you have one client who would benefit from automated collections if you’re interested in offering collections as a service to your entire client base - CollBox is here to help.
CollBox directly integrates with popular cloud accounting solutions like QBO, Xero, SageOne and Freshbooks to make it easier than ever before to send past-due invoices to collections. By integrating with the most common accounting systems, we make it simple for a majority of your clients to take advantage of the CollBox service and get paid for their work. We’re always adding more integrations and can still help collect for your clients that aren’t using any of our supported integrations. Get in touch anytime and we can get you and your clients taken care of.
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.
"IT’S REALLY EASY! I had it connected and up...within about 4 minutes, from start to finish."
CollBox picks up right where other A/R management tools and workflows leave off. Of course, it’s ideal for an invoice to never become significantly past-due, but when earlier steps in the workflow aren’t able to prevent it, CollBox is there to help you and your clients get paid for your work by rounding out your A/R game plan.
CollBox modernizes and simplifies the entire process of finding a professional, effective collection agency that will offer a competitive rate. CollBox doesn’t cost anything to use and users only pay a percentage-based fee to the collection agency if the agency successfully collects on the past-due invoice. That means you can add “Debt Collection” to the list of your existing services with no risk to you or your clients so you can focus on helping your clients succeed and growing your practice.
This will depend on the relationship you and your clients have with your customers but a good rule of thumb is: The sooner you send a past-due invoice to collections, the higher the chances you’ll see a return and the lower the collection fee will be. Invoices lose value every month they go unpaid and the chance of collecting on them drops quickly over time so waiting too long can decrease the chances of seeing a return.
Once a debt has been placed with us and the collection agency successfully makes the collection, they will forward along the payment minus the fees for the collection directly to your client. Our agencies have 30 days to remit payment from the date of successful collection so there's no need to worry about long delays in your clients getting paid.