Service the schedule
Create schedules with Actual/365 simple-interest accrual and fees-interest-principal allocation.
- Partial and extra payments
- Grace periods and configured late fees
- Payment receipts
BHPH, PAYMENTS & COLLECTIONS
Post payments and preserve every correction.
Service weekly, biweekly, and monthly accounts with clear allocations, receipts, aging, collections, and payoff workflows.
Work the collection queue
Use aging buckets, promises, notes, holds, and selected-date payoff quotes.
- Collection promises
- Notes and holds
- Payoff quotes by date
Preserve the account story
Voids, reversals, refunds, repossession, recovery, reactivation, and closure remain auditable.
- Voids preserve original entries
- Repossession and recovery
- Paid-off and closure status
See whether ClozBox fits your dealership.
Join the first-release waitlist or request a practical product walkthrough.