Accountgram – B2B Debt Collection with Teeth

The Accountgram method is how I, the CEO of Proxycurl (a 60-employee startup), reduced our SaaS churn from 14% to 3% and grew our bootstrapped company to 8-digits ARR—simply by enforcing contracts and collecting on bad debts.

We encounter about 15 contract breaches per month, ranging from $1 to $10,000, and there was no good way to collect on these bad debts.

No, debt collection services that rely on more frequent or aggressive nagging do not work. We had human agents nagging, and no one responded. Or when they did, they said, “sue me.”

No, traditional debt collection agencies do not want to pick up contracts with a median value of $539—even if there are 50 of them. Traditional agencies want bigger fish.

No, small claims court is not ideal. I paid $850 for a breached contract worth $7,000. Then I had to pay $2,000 for lawyers to appear in court—and possibly even more to enforce a judgment.

So we launched Accountgram, which offers B2B debt collection with teeth. If a company breaches a contract, then when people search for that company online (including social media), Accountgram initiates systematic, legally compliant escalation—starting with gentle reminders and public debt listings, and escalating to relevant stakeholders such as employees or vendors (made possible by Accountgram’s proprietary Global Customer Database).

And guess what? Bad actors really don’t want the world to know they’re bad actors. Through the Accountgram method, we collected the full amount for 20 out of 64 contract breaches (31.25%), with an average of just 12 days to collection!

With Accountgram, we’ll collect any amount for you with no upfront fee. We only take 25% of any sum collected.

Accountgram is focused on the US and Singapore markets. If you are an SaaS SMB with bad debts to collect, sign up for Accountgram right now, upload your invoice, and we’ll do the rest!

Questions? Send us an email at [email protected]!