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.
Quadient AP
Quadient AP is an automated accounts payable software that helps you manage invoices, expenses, payments, and purchase orders in one central cloud-based platform to eliminate manual data entry.
Quick Comparison
| Feature | Kolleno | Quadient AP |
|---|---|---|
| Website | kolleno.com | quadient.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 | 2020 | 2012 |
| Headquarters | London, UK | Vancouver, Canada |
Overview
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.
Quadient AP
Quadient AP (formerly Beanworks) is an accounts payable automation solution designed to give you complete control over your financial workflows. You can manage the entire AP process—from purchase orders and invoices to expenses and payments—within a single, integrated system. By automating manual tasks like data entry and approval routing, you reduce the risk of human error and speed up your month-end closing process.
The platform is specifically built for mid-market organizations that need to manage multiple entities or locations. You can gain real-time visibility into your liabilities and cash flow while ensuring your financial data stays synchronized with your existing accounting software. It helps your finance team move away from paper-based systems and spreadsheets into a secure, digital environment.
Overview
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.
Quadient AP Features
- AI Invoice Capture. Extract data from invoices automatically with header and line-item details to eliminate manual typing and reduce errors.
- Electronic Payments. Pay your vendors securely via ACH, wire, or virtual credit card directly from the platform with one click.
- Purchase Order Matching. Match your invoices to purchase orders automatically to ensure you only pay for what you actually received.
- Automated Approval Routing. Set up custom approval workflows based on department, project, or dollar amount to keep your processes moving.
- Expense Management. Upload receipts via the mobile app and automatically link employee expenses to your general ledger for faster reimbursement.
- Multi-Entity Support. Manage multiple legal entities or locations within a single login while keeping your financial data strictly separated.
Pricing Comparison
Kolleno Pricing
Quadient AP Pricing
Pros & Cons
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
Quadient AP
Pros
- Significant reduction in manual data entry time
- Seamless integration with popular accounting systems
- Easy to track invoice status in real-time
- Mobile app simplifies approvals for busy managers
Cons
- Initial setup and mapping can be time-consuming
- Occasional lag when processing very large batches
- Customer support response times vary by region