CollectiveReviews of collective.com

I've used Collective.com for three months for S Corp formation, bookkeeping, and payroll. While their Accountable Plan reimbursement process is user-friendly, the bookkeeping has been a mess. I've dealt with missing transactions, miscategorized transfers, and income that couldn’t be properly attributed to clients. I've spent hours fixing errors myself, which has cost me valuable time and productivity. Support is slow and difficult to reach — there's no direct phone number, and issues often go unresolved. All of this leads to my biggest fear- not being able to trust their calculations for paying my estimated taxes. Despite uploading my proof of Q1 estimates tax payments 3 times, the dashboard still doesn't reflect any Federal taxes being paid. Unfortunately, I can’t recommend Collective. Their service has created more problems than it solved. At $349/month, this has been an expensive mistake. Edit on 6/14/25: I was looking at my dashboard again today. In April and May, they have misclassified over $20,000 of transfers between accounts as "income". They did the same thing in January, February and March. I let them know at the time of the errors what was wrong and it ultimately was recorded correctly. It's disappointing to see that they are making the same mistakes again. I have requested my account with them be canceled.

Susana Arango was amazing!! Hopped on a call and helped ground me in what exactly I needed to do, how not to panic about taxes, and what my next step is. Highly recommend!

My consultant was so kind and sweet. My business is not yet at the point where I need your services but she was just so patient and helpful regardless.

I really want to like the platform but unfortunately they are so disorganized and the platform/system is ridden with bugs. Their bookkeeping is extremely slow and inaccurate (the bookkeeping team is still unable to categorize simple transactions from over a month ago). As a user, I am unable to categorize transactions and am at the mercy of the slow bookkeepers who get it wrong. Linking payments from clients to invoices is extremely clunky and bug-ridden, and I'm having to send DMs to customer service for them to debug the system in order for me to even have the option to link transactions. The dedicated account manager is spread too thin such that any questions (which are only submittable by messaging) are answered in days, and trying to schedule a live conversation (which the system allows for only 15minutes) is at least a week out. Additionally, the system-generated notification for a document request cannot be turned off, even when the request was resolved. So, now I'm having to look at an outdated notification everytime I log on, and I'm also sent email nudges every few days. The premise of the service is fantastic, but as a client, I am utterly disappointed and frustrated by how unsuable the whole service and system is. In the meantime, I'm paying more than $300/month on this service that requires so much improvement. I do not recommend Collective to others and advise to look at other services/platforms instead.

You've truly helped me get my financial house in order as a new SCorp and business owner. In the past, I did not have a consistent way to track and complete everything so your tools and approach are really working for me. I spend less time financially procrastinating and feel much more secure. Thank you!

Dennis was able to review and explain how collective would be beneficial to my private practice.

As a solopreneur, there were so many behind-the-scenes business tasks that felt overwhelming, and honestly, a little daunting. But Collective came in and simplified everything. I now have so much peace of mind knowing that their team has my back. I've been a member for a year now. What I love most (besides the clarity they bring) is the sense of community. From the virtual and in-person workshops to the networking opportunities, I genuinely feel supported and connected. Plus, the seamless partnership with a reputable vendor for tax filing made that process the easiest it's ever been for me. The platform is also really user friendly. Because of Collective, I can focus in my business instead of worrying about the business. And when I do that I thrive.

Brandon sent an email initially to see where I was and what I was looking for, for my new business. On the call he listened, and even though they are not able to help me quite yet, he sent over some helpful resources to help me with preparing to start my business next year.