A fast-growing accountancy firm replaced four payment tools with one platform, automated its chasing, and got paid faster across thousands of clients.
“Working with Adfin feels like a dream scenario for a business owner - I've got a team of smart, dediacated people building software to solve my biggest business problems.”
How Pillow may got their overdue invoice rate down to 6x lower than the UK average.
Helpbox UK is a leading provider of accounting of bookkeeping services, working with thousands of SMEs across the UK on a clear mission: to simplify and digitise financial management for its clients.
As it grew, the problem Helpbox solved for everyone else started showing up in its own back office, with invoicing and payment collection spread across several providers. Moving to a single platform cut collection costs by 58%, retired three tools, and got invoices paid faster.
Helpbox was collecting payments through a mix of tools that had served it well early on but were straining as the firm grew. Working with multiple providers drove costs up and slowed collection down.
A significant share of invoices went unpaid on time, which pushed debtor days higher, and the team spent too long managing invoices and chasing payments by hand. The firm needed something that could keep pace with its growth.
Helpbox moved to a single platform that combined card payments and invoice chasing in one place, with a best-in-class user experience:
“Because it's intelligent, I don't have to worry about trying to find what the invoices are or what amount is owed - I just click send and I know that Adfin will sort out everything within that email - for me it was a huge game-changer.”
Samantha Sollis · Operations Director
Since bring in on Adfin: