Collect!
Collect! is a flexible debt collection software providing automated workflows and integrated communication tools to help agencies and credit departments manage accounts receivable and maximize recovery rates.
Invoiced
Invoiced is a comprehensive Accounts Receivable automation platform designed to help mid-market companies and enterprises automate billing, collections, and payment processing to accelerate cash flow and reduce manual work.
Quick Comparison
| Feature | Collect! | Invoiced |
|---|---|---|
| Website | collect.org | invoiced.com |
| Pricing Model | Subscription | Subscription |
| Starting Price | $60/month | $100/month |
| FREE Trial | ✘ No free trial | ✓ 14 days free trial |
| Free Plan | ✘ No free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 1991 | 2012 |
| Headquarters | Victoria, Canada | Austin, USA |
Overview
Collect!
Collect! is a scalable credit and collections ecosystem designed to help you streamline the entire debt recovery lifecycle. Whether you are a startup agency or a large enterprise credit department, you can manage your accounts with automated letter sending, integrated dialers, and real-time reporting. The platform adapts to your specific business rules, allowing you to build custom workflows that match your unique collection strategies.
You can choose between cloud-based or on-premise deployments depending on your security and infrastructure needs. The software focuses on increasing your team's productivity by reducing manual data entry and providing a centralized hub for all debtor communications. By using its modular architecture, you can add features like credit bureau reporting and payment processing as your business grows.
Invoiced
Invoiced is an Accounts Receivable automation platform that helps you get paid faster by eliminating manual billing tasks. You can automate your entire invoice-to-cash lifecycle, from generating professional invoices and sending automated reminders to processing global payments and reconciling your books. It integrates directly with your existing ERP or accounting system to ensure your financial data stays synchronized without manual data entry.
You can provide your customers with a self-service portal where they can view their history, manage payment methods, and pay invoices instantly. The platform is built for growing businesses that need to scale their billing operations without adding more headcount. Whether you handle simple subscriptions or complex installment plans, you can customize the workflow to match your specific business requirements.
Overview
Collect! Features
- Automated Workflows Set up trigger-based events to automatically send letters, assign tasks, and update account statuses without manual intervention.
- Credit Bureau Reporting Report your accounts to major credit bureaus accurately using built-in Metro 2 formatting to encourage faster payments.
- Integrated Dialer Connect with more debtors in less time by using integrated telephony features that launch calls directly from the software.
- Custom Report Writer Build your own detailed reports to track collector performance, commission calculations, and overall agency recovery rates.
- Payment Processing Accept credit cards and ACH payments directly within the debtor screen to settle accounts instantly and securely.
- Client Web Portal Give your clients secure access to view their account progress and upload new placements through a dedicated online interface.
Invoiced Features
- Automated Collections. Set up automated email, text, or mail reminders to nudge customers about upcoming or overdue payments without lifting a finger.
- Customer Payment Portal. Give your customers a branded, self-service space to view invoices, download statements, and pay via their preferred methods.
- Multi-Channel Payments. Accept credit cards, ACH, and international wire transfers globally to remove friction from your customer's checkout experience.
- Subscription Billing. Manage recurring billing cycles, prorations, and plan upgrades automatically so your subscription revenue grows predictably.
- Cash Application. Match incoming payments to open invoices automatically using AI-driven reconciliation to keep your ledger accurate in real-time.
- Installment Plans. Offer your customers the flexibility to pay large balances over time with automated payment schedules you control.
Pricing Comparison
Collect! Pricing
- Cloud-based deployment
- Basic account management
- Standard reporting tools
- Automated letter templates
- Email support access
- Everything in Lite, plus:
- Credit bureau reporting
- Advanced workflow automation
- Integrated payment processing
- Custom report writer
- Multi-user support
Invoiced Pricing
- Up to 100 customers
- Automated email reminders
- Customer payment portal
- Online payment processing
- Standard reporting
- Email support
- Everything in Basic, plus:
- Up to 500 customers
- Advanced collections workflows
- Subscription billing tools
- Multi-entity support
- Phone and priority support
Pros & Cons
Collect!
Pros
- Highly customizable interface adapts to unique business rules
- Strong automation capabilities reduce repetitive manual tasks
- Reliable credit bureau reporting with Metro 2 compliance
- Responsive technical support team for complex setups
Cons
- Initial setup requires significant time and configuration
- Interface feels dated compared to modern web apps
- Steep learning curve for the custom report writer
Invoiced
Pros
- Significantly reduces time spent on manual payment follow-ups
- Professional payment portal improves the customer experience
- Seamless integration with popular ERPs like NetSuite and Sage
- Easy to set up and customize billing workflows
Cons
- Initial setup of complex workflows requires careful planning
- Pricing can be high for very small businesses
- Advanced reporting features have a slight learning curve