10+ Best Credit and Collections Software 2022
Cogent Credit and Collections
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).
Alternatives
Logo | Name | Rating | CEO | Pricing | Founded | Revenue | Employees | Location | Reviews | Customers |
---|---|---|---|---|---|---|---|---|---|---|
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Cogent Credit and Collections | 4.5 | Dave Schaeffer | Custom | 1999 | $546 M | 897+ | Folsom | 1654+ Reviews | 65000 + |
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Lockstep Collect | 4.3 | Peter Horadan | Custom | 1987 | $26.98 M | 108 + | 1987 | 1987+ Reviews | N/A |
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Versapay | 4.5 | Craig O'Neill | Custom | 2006 | $3.59 M | 56+ | Toronto | 1963+ Reviews | 47000+ |
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YayPay by Quadient | 4.2 | Anthony Venus | Custom | 1997 | $1 B | 5000+ | France | 1852+ Reviews | N/A |
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You Need A Budget | 4.1 | Jesse Mecham | Custom | 2004 | $1.1 M | 18+ | Lehi | 1753+ Reviews | N/A |
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Tesorio Credit and Collections | 4.6 | Carlos R. Vega | Custom | 2015 | $6 M | 40+ | San Francisco | 1789+ Reviews | N/A |
Cogent Credit and Collections
Overview
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 Collect
Overview
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
Overview
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
Overview
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
Overview
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.
Tesorio Credit and Collections
Overview
Tesorio is a platform that provides Cash Flow Management (CFM) solutions with the use of machine learning to deliver improved collections forecasting. Since its establishment in 2013, Tesorio has been trusted by the world’s leading finance teams and companies which enabled the platform to generate an estimated annual revenue of $7.1 million a year.