10+ Best Credit and Collections Software 2023
This type of software is used by accounting teams to identify which invoices are overdue, match invoices and payments, reduce processing errors, and manage collection issues such as bad debt (amounts owed by customers that are unlikely to be paid).
| ||CollBox||4.3||Cameron Desautels||$250||2015||$1 M||10+||Austin||1723+ Reviews||N/A|
| ||Chargebacks911||4.7||Gary Cardone||Custom||2012||$77 M||223+||Florida||1839+ Reviews||N/A|
| ||FICO Network Credit and Collections||3.8||William J. Lansing||Custom||1956||$1.16 B||3662+||San Jose||1842+ Reviews||N/A|
| ||Esker Collections Management||4.6||Jean-Michel Berard||Custom||1985||$151.4 M||764 +||Middleton||1777+ Reviews||N/A|
| ||BankruptcyControl||3.7||Ward Holliday||Custom||2003||$1 M||11+||Michigan||1923+ Reviews||N/A|
| ||Cogent Credit and Collections||4.5||Dave Schaeffer||Custom||1999||$546 M||897+||Folsom||1654+ Reviews||65000 +|
| ||Lockstep Collect||4.3||Peter Horadan||Custom||1987||$26.98 M||108 +||1987||1987+ Reviews||N/A|
| ||Versapay||4.5||Craig O'Neill||Custom||2006||$3.59 M||56+||Toronto||1963+ Reviews||47000+|
| ||YayPay by Quadient||4.2||Anthony Venus||Custom||1997||$1 B||5000+||France||1852+ Reviews||N/A|
| ||You Need A Budget||4.1||Jesse Mecham||Custom||2004||$1.1 M||18+||Lehi||1753+ Reviews||N/A|
CollBox, an award-winning financial platform with headquarters in Austin, Texas, pays small- to medium-sized companies (SMBs) for their labor. With our help, businesses can simply keep track of their unpaid bills, comprehend their choices for receiving payment, and submit accounts for recovery in just a few clicks, allowing them to resume their core competencies. Our interest is helping small businesses stay in operation by providing them access to the same techniques and procedures that were previously only available to large corporations. The company's revenue reaches $1 M.
For each organization of any size in any sector, Chargebacks911 offers scalable solutions that are tailored to their needs. Chargebacks911 can handle a wide range of payment types, sales techniques, and reason codes, so it has what you need when you need it. The first chargeback management system was Chargebacks911. Others may mimic our promises, but they won't be able to match our accomplishments. We specialize in assisting online businesses with chargeback prevention, loss minimization, risk reduction, revenue recovery, and customer experience improvement. Our services were created specifically to manage chargeback management as a whole. In order for merchants to concentrate on keeping customers, boosting sales, and expanding their business, Chargebacks911TM strives to free up important resources. Comprehensive solutions are made specifically for each firm, doing away with the need for generic and clumsy methods that are prevalent in the sector. The potent fusion of patented technologies, machine learning, and human forensics is exclusively used by us as a service provider. Clients of Chargebacks911 can thereby enjoy a long-lasting, consistent ROI.
The FICO Network provides collections and recovery professionals with the quick, direct access to information they need to save time and effort. It gives service providers access to account information from more than 90 databases and data consolidators, streamlines business operations and automates transactions between creditors, collection agencies, and attorneys. FICO is a market-leading provider of analytics software, assisting companies in more than 90 countries in making smarter choices that boost growth, profitability, and customer happiness. The company's revenue reaches $1.16 B.
By enabling businesses to modernize without displacing their essential billing and collection procedures, Esker's automated AR solution powered by TermSync completely alters the game. Esker was founded in 1985 with the straightforward goal of assisting businesses in electronic document delivery. Esker has developed to support businesses today by relying on a foundation of innovation, technological know-how, and international collaboration to address even the most complicated business challenges. The company's revenue reaches $151.4 M.
BankruptcyControl is a fully functional debt collection tool made for businesses and startups. End-to-end Windows solutions are offered by BankruptcyControl. Automated Notices, Client Management, Compliance Management, Contact Management, and Credit Bureau Reporting are all provided by this online debt collection system in one location. The founders of Bankruptcy & Litigation Technology, Inc. have a wealth of expertise representing creditors in consumer bankruptcy cases around the country. In addition to aiming for cutting-edge technology, we continuously review the local laws and paperwork used by bankruptcy courts in order to maintain our software solutions compliant. The company's revenue reaches $1 M.
CogentCollect is a platform that provides automatic debt collection across the complete lifecycle process which reduces the cost of collecting debt while increasing debt recovery. Since its establishment in 1999, CogentCollect has been delivering its services to the world’s leading organizations which enabled the platform to gain 4.2/5 ratings on G2 reviews.
Lockstep is a platform that provides solutions that enables the collaboration of accounting teams around the world to help them work better together. Since its establishment in 2019, Lockstep has been developing tools and platforms for developers and accounting teams to automate workflows which helped the platform generate an estimated annual revenue of $16.4 million a year.
Versapay is a cloud-based AR automation platform that was built for businesses, enabling them to automate their invoice-to-cash cycle and eliminate manual tasks. Since its founding in 2006, Versapay has been servicing 700 thousand buyers, delivering 40 million invoices every year, which helped the platform generate an estimated annual revenue of $16.2 million a year.
YayPay by Quadient is a cloud-based account receivable management and automation solution that helps companies by making cash collection fast, easy, and highly predictable. Since its development in 2015, YayPay has been extending its services to thousands of customers which enabled the platform to generate an estimated annual revenue of $12.7 million a year.
You Need A Budget (YNAB) is budgeting software that focuses on zero-based budgeting and helps users in maximizing the use of their money, including expense management, debt payments, and savings management. Since its establishment in 2004, YNAB has been providing budgeting solutions that enable the platform to gain a 4.6/5 rating on G2 reviews.