Best Credit Risk Management Software 2021

Posted by Harshal on September 22nd, 2021

Invoiced

Invoiced is a cloud-based system for helping small and mid-sized businesses automate accounts receivable. Finance and accounting teams can completely customize the solution to meet their specific business requirements. Invoiced is designed to automate all aspects of the A/R process including billing, collections, payment acceptance, cash application and more. The solution can be used as a standalone or integrated with virtually any ERP or accounting system.

YapPay by Quadient

YayPay is a cloud-based, predictive accounts receivable automation solution that leverages data and automatic payment communications to accelerate collections. YayPay’s CRM platform for Accounts Receivable streamlines the collection of cash, aligns disputes and communications across teams, and improves productivity in finance and AR teams. YayPay integrates with multiple accounting, billing, and CRM applications for a complete look into the collections process to help organizations better predict cash flow and increase revenue.

Credit Insights by ezyCollect

All businesses rely on cash flow and want to be paid by their clients.  Businesses struggle at times with managing payments from their Clients.  Wouldn’t it be great to be able to get some quick and easy Credit Insights for your debtors ? Managing payments and doing Client Credit Checks takes time and effort.  There is now an easier way. Credit Insights is a newly launched module that has just been released as part of the ezyCollect Platform. It automates the processes and procedures that are normally manual and time consuming. Credit Insights, a new module of the ezyCollect platform, offers an integrated service that provides the credit risk factor of current and new clients based on multiple analytics and metrics from data derived from multiple data agencies.

Tesorio

Tesorio is a Cash Flow Management (CFM) solution that uses machine learning to immediately improve collections forecasting and reduce DSO. We provide a system of engagement to manage and automate the core aspects of cash flows: AR / Collections, AP, and FX Exposures.

Lockstep

Lockstep improves cash flow by 31% or more and makes collections one less thing to worry about.

Versapay

Versapay automate routine tasks with over 150 notifications that can be tailored to business, allowing collectors to focus on the customers that can\'t (or won\'t) pay. It has access to accurate data, proactive reminders, and intuitive online tools remove friction from the AR process, allowing customers to collaborate and pay when ready. Leveraging data from current ERP and billing system, ARC enables a holistic, central view of the status of all receivables.

You need a budget

You Need A Budget (YNAB, we call it why-nab when we\'re in a hurry) teaches your employees a whole new way of thinking about their money.

FIS Credit And Collections

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A comprehensive credit and collections management solution suite, aggregates data for a single view of cash and risk.

Cogent

Cogent automates the collections process across the complete lifecycle, reducing the cost of collecting debt and increasing debt recovery.

Fico Network

The FICO Network is the fast, direct connection to resources that collections and recovery professionals need to save time and effort. It provides a single point of connectivity to service providers to streamline business processes and automate transactions between creditors, collection agencies and attornies, plus access to account information from more than 90 databases and data consolidators

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Harshal

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Harshal
Joined: May 27th, 2021
Articles Posted: 25

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