ezyCollect was born from necessity and mateship.
AJ Singh, then managing the family’s medical supplies distribution company, nearly lost the otherwise thriving business to late payments.
“Our business was on the BRW Fast 100 list but I had this big cashflow problem in the background: customers were paying late and there was not much I could do about it. Following up invoices became a mess and I couldn’t afford to keep hiring staff to chase up payments.”
Enter Raj Kuckreja, a University mate who was engaged as a Chartered Accountant for the business.
“The cashflow conversations were getting more painful as the business grew,” says Raj.
Together, they started the ‘ultimate wishlist’ for the dream software that would solve the pain of late payments.
“Early on, we realised that the process framework we were sketching could make a serious impact on any business,” says Raj. “Cashflow and inefficiencies put people’s livelihoods at risk…so we just kept persevering.”
In 2014, the pair registered their new business, ezyCollect.
In 2015, Jimmy Cooper, AJ’s childhood friend, returned to Australia after working overseas.
Despite a 30-year handball grudge, AJ shared his prototype with Jimmy, whose tech antenna went into immediate overdrive.
Says Jimmy:“The difference in cashflow for the test customers was like night and day. That’s when I decided to come on board, even if I had to work for free in the beginning.”
ezyCollect welcomed its first paying customer in 2015 and the rest is history. Today, thousands of business operators globally rely on ezyCollect to help them get paid on time.
Even Jimmy gets paid on time now 🙂
Chartered Accountant and Co-founder
Here’s our story
Getting paid on time is actually incredibly complex...
Many small tasks need to be completed efficiently to achieve the ultimate goal of getting paid promptly, in full.
ezyCollect is designed to do all those small things, beautifully. Your AR function becomes streamlined, efficient, and revenue typically increases.
ezyCollect is purpose-built to simplify:
Growing businesses deal with a mass of invoices. Your invoices need to be issued, tracked, attached, received, opened, remembered, paid.
Process and time management:
AR teams spend a lot of time turning buyers into payers. With ezyCollect, routine communications and tasks are automated, generating more time for high-touch work.
Know who you’re trading with, diligently engage debtors, communicate with care, and provide a convenient payables experience.
ezyCollect understands that payment is the end-game, so we create beautiful solutions that support the seamless transfer of money from your customers to you.
You get a real-time view of open and outstanding invoices. Your customers get a simple and transparent checkout experience.
Working capital improves with collections efficiency. Eliminate the costs of late payments and bad debts. Access cashflow finance if you need it.
CEO and Co-founder
Our Guiding Star
Our purpose is to put smart technology in the hands of businesses
so they have the cash, confidence and information to achieve their dreams.
- We believe that the greatest resources in business are dreams and ambition.
- We believe that ambitious businesses deserve to be paid on time.
- We believe that being paid on time helps businesses survive then thrive.
- We believe that when businesses flourish, people flourish.
- We believe in keeping the dream alive.
The Founders' Story - how ezyCollect started
It’s no secret that ezyCollect’s secret sauce is its people.
We will hunt high and low for the A team that will help us serve businesses better.
Better and beyond is what we strive for. Those aren’t just words to us. They’re words to live by. Better ideas, better solutions, better service. Beyond barriers, beyond expectations, beyond today.
At the core of ezyCollect is our determination to help businesses succeed, because when businesses flourish, people flourish. Our Get S#[email protected] Done attitude sets the pace, our goodwill and humour make the journey fun.
We are stronger together #team
We are always learning #better
We go above and beyond #beyond
We do the right thing #integrity
We are people helping people #human
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Zero Obligation Trial
- Access to all features
- Easy setup
- Free training and support
- New feature: Credit Insights to protect your business from avoidable bad debts
- Published in The Australian: ezyCollect has raised $7.1 million
- How to ask customers to pay their outstanding balance during COVID-19 (+ email template to get paid now)
- New: Credit Insights to safeguard business against credit risk