Customer Story

How Helpbox tripled on-time payments and cut collection costs by 58%

58%

Reduction in payment collection costs

4 > 1

Tools consolidated into a single platform

3x

Increase in invoices paid on time

Client
Region
Hampshire
Size
~500 clients
Software
Xero
Products used

Payment links

Direct debit

Customer agents

Xero integration

A fast-growing accountancy firm replaced four payment tools with one platform, automated its chasing, and got paid faster across thousands of clients.

At a Glance

How Helpbox tripled the amount of payments collected on time with Adfin

Helpbox UK is a leading provider of accounting and 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.

Before Adfin

No centralised system
Invoicing and payments spread across four separate providers, with manual workarounds between them.
Low payment success rates
A significant share of invoices unpaid on time, driving debtor days up.
Manual, ineffective chasing
The team managing invoices and chasing payments by hand.
Rising software spend
Several providers pushing up the cost of getting paid.

After Adfin

One platform for everything
Payment links, Direct Debit and chasing, all managed centrally.
Faster payments
64% of invoices paid before the due date, three times as many as before.
Automated chasing
Built-in reminders replace manual follow-up.
Lower costs
Software spend down 58% after retiring separate tools.

Challenge

Generic reminders weren’t cutting it

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.

Solution

Automated custom reminders using Adfin

Helpbox moved to a single platform that combined card payments and invoice chasing in one place, with a best-in-class user experience:

  • Integrated invoicing: automated reminders and built-in chasing to bring payments in faster.
  • One system, end to end: four separate tools replaced by a single platform.
  • A process that scales: one simple onboarding flow to bring new clients on faster.