Esker
Esker is a global cloud platform that uses AI-driven automation to streamline your entire source-to-pay and order-to-cash cycles for better financial efficiency and visibility.
Kolleno
Kolleno is a comprehensive accounts receivable management platform that automates collections, simplifies payments, and provides real-time financial insights to help businesses optimize their cash flow and credit control.
Quick Comparison
| Feature | Esker | Kolleno |
|---|---|---|
| Website | esker.com | kolleno.com |
| Pricing Model | Custom | Custom |
| Starting Price | Custom Pricing | Custom Pricing |
| FREE Trial | ✘ No free trial | ✘ No 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 | 1985 | 2020 |
| Headquarters | Lyon, France | London, UK |
Overview
Esker
Esker provides a comprehensive cloud platform designed to automate your most critical financial processes. You can manage everything from procurement and accounts payable to order management and accounts receivable in one centralized location. By using AI and machine learning, the software eliminates manual data entry, reduces processing errors, and speeds up your entire cash cycle.
You can gain real-time visibility into your global cash flow and strengthen relationships with both your suppliers and customers through dedicated self-service portals. The platform is built for mid-sized to large enterprises looking to digitally transform their back-office operations. It integrates directly with your existing ERP system to ensure your financial data remains accurate and synchronized across your entire organization.
Kolleno
Kolleno is a specialized financial platform designed to help you take full control of your accounts receivable and collections process. Instead of manually chasing overdue invoices, you can use the platform to automate communication across email, SMS, and phone calls based on your specific customer segments. It bridges the gap between your ERP and your bank, ensuring that your financial data remains synchronized and accurate without manual data entry.
You can manage the entire credit-to-cash lifecycle from a single dashboard, allowing your finance team to focus on high-value tasks rather than repetitive administrative work. The software is particularly effective for mid-market companies and enterprises that handle high volumes of B2B transactions and need to reduce their Days Sales Outstanding (DSO). By providing a seamless payment portal for your clients, you make it easier for them to pay you instantly using their preferred methods.
Overview
Esker Features
- AI Data Capture Extract data from invoices and orders automatically using AI that learns from your specific document layouts over time.
- Supplier Portals Give your suppliers a self-service space to upload invoices, track payment status, and communicate with your team directly.
- Dynamic Dashboards Monitor your key performance indicators in real-time with customizable charts that help you identify bottlenecks and trends.
- Automated Workflows Route documents for approval automatically based on your specific business rules to ensure compliance and faster processing.
- Customer Portals Provide your customers with a convenient way to place orders, view invoices, and make payments online at any time.
- Mobile Approval App Review and approve pending invoices or purchase requisitions from your smartphone while you are away from your desk.
- Global Compliance Stay compliant with international e-invoicing regulations and tax requirements across over 60 different countries automatically.
- ERP Integration Sync your financial data seamlessly with major ERPs like SAP, Oracle, and Microsoft Dynamics without manual exports.
Kolleno Features
- Automated Collections. Set up multi-channel workflows to automatically send payment reminders via email, SMS, and automated task prompts for your team.
- Customer Payment Portal. Provide your clients with a branded, secure portal where they can view invoices and pay instantly using credit cards or ACH.
- Real-time Reconciliation. Match incoming payments to open invoices automatically by connecting your bank feeds directly to your accounting system or ERP.
- Credit Risk Management. Monitor the credit health of your customers in real-time to identify high-risk accounts before they become a collection problem.
- Smart Task Management. Prioritize your daily collection activities with an AI-driven task list that highlights which customers need immediate personal attention.
- Advanced Reporting. Access deep insights into your DSO, aging reports, and collection efficiency through customizable dashboards and automated financial exports.
Pricing Comparison
Esker Pricing
Kolleno Pricing
Pros & Cons
Esker
Pros
- Significant reduction in manual data entry time
- Excellent integration with major ERP systems
- High accuracy in AI-driven document recognition
- Improved visibility into global cash positions
- Responsive customer support during implementation
Cons
- Initial setup and configuration takes time
- Interface can feel complex for new users
- Customization often requires technical assistance
- Pricing is high for smaller organizations
Kolleno
Pros
- Significantly reduces manual effort for collections teams
- Seamless integration with major ERPs like NetSuite
- User-friendly interface is easy for teams to adopt
- Improves communication consistency with automated multi-channel reminders
Cons
- Initial setup of complex workflows requires time
- Pricing is not transparent for small businesses
- Advanced customization may require assistance from support