For businesses of all sizes, managing unpaid bills and pursuing past-due payments can be a difficult and time-consuming chore.
However, debt collection has become more efficient and hassle-free with the aid of contemporary technology and cutting-edge solutions like EzyCollect.
This tool offers a comprehensive solution that enables businesses to optimize cash flow, cut down on debtor days, and strengthen customer relationships.
This solution includes intelligent automation and configurable workflows.
In this ezyCollect Review, we will look at the features and advantages of this software as an all-in-one accounts receivable solution built to streamline and automate the debt collection process.
Learn how EzyCollect is making debt collection for businesses all across the world an effective and efficient procedure.
Click on “open” if you want to see exactly what we will talk about in the rest of this article.
It offers customizable workflows that align with the specific needs and processes of different businesses.
Users can create personalized workflows to match their collection strategies, set up rules and triggers for automated actions, and customize communication templates to maintain a consistent brand voice.
With ezyCollect, businesses can effectively manage their outstanding invoices, reduce debtor days, and improve overall collections performance. One of the other key features of ezyCollect is its intelligent automation capabilities.
The software automates many repetitive and time-consuming tasks involved in debt collection, such as sending payment reminders, follow-up emails, and escalation notices.
Businesses may concentrate on more important tasks by automating these operations with the aid of ezyCollect, which helps them save critical time and resources.
The software generates reports and dashboards that provide visibility into key metrics, such as outstanding invoices, debtor aging, and collection performance.
These insights enable businesses to identify bottlenecks, track progress, and optimize their debt collection strategies.
ezyCollect specifications
Features
Automated Communications / Credit Checks / Customer Payments Portal / Customer Support / Data Security and Privacy / Debtor CRM / Working Capital Solutions
Best suited for
Small businesses, Mid size businesses, Large enterprises
ezyCollect pricing: How much does ezyCollect cost?
ezyCollect offers flexible pricing plans to cater to businesses of different sizes and needs. The pricing plans include ezyStart, ezyGrow, ezyScale, and ezyUltimate.
The ezyStart plan is priced at $250 per month and provides essential features for businesses starting with debt collection automation.
For growing businesses with more advanced requirements, the ezyGrow plan is available at $850 per month, offering additional functionalities and scalability.
The ezyScale plan, priced at $2100 per month, is designed for larger businesses that require extensive automation capabilities and advanced debtor management tools.
Finally, the ezyUltimate plan, priced at $3200 per month, provides comprehensive features and premium support for businesses with complex debt collection needs.
It is important to note that pricing may vary depending on the specific requirements and customization options desired by the business.
For detailed pricing information and to find the most suitable plan, it is recommended to contact the ezyCollect team or visit their official website.
ezyCollect offers automated communication tools that streamline the debt collection process. Through features like email templates, SMS reminders, and demand letters, businesses can easily send personalized messages to debtors at the right time.
This automation saves significant time and effort, ensuring consistent and timely communication with debtors, ultimately improving the chances of prompt payment.
With options for multi-channel communication, businesses can reach debtors through their preferred channels, enhancing engagement and response rates.
Credit Checks
ezyCollect offers integrated credit check functionality, allowing businesses to assess the creditworthiness of their customers.
By leveraging third-party credit bureaus and data sources, businesses can obtain comprehensive credit reports and risk assessments for potential debtors.
This feature helps mitigate the risk of extending credit to customers with a history of payment defaults or financial instability.
The ability to perform credit checks within the ezyCollect platform streamlines the evaluation process and enables businesses to make informed decisions regarding credit limits and payment terms.
Data Security and Privacy
The security and privacy of consumer data are given top priority by ezyCollect. To safeguard sensitive information, they adhere to stringent privacy policies and use strong security measures.
To guarantee the security and integrity of consumer data, encryption mechanisms, secure servers, and frequent data backups are all in place.
To uphold the highest standards of data security, ezyCollect adheres to data protection laws and industry best practices.
Businesses can trust that their debtor information and communications are safeguarded within the ezyCollect system, providing peace of mind and maintaining confidentiality throughout the debt collection process.
Debtor CRM
ezyCollect provides a comprehensive debtor CRM (Customer Relationship Management) system. This feature allows businesses to maintain detailed records of their receivables, debtor interactions, payment history, and communications.
The debtor CRM provides a centralized database that enables businesses to have a holistic view of their debtor management process.
It assists in tracking overdue invoices, identifying recurring payment issues, and prioritizing collections efforts based on debtor history.
Integration with accounting software such as Xero ensures seamless data synchronization, enabling real-time updates and accurate financial reporting.
Customer Payments Portal
The customer payments portal is a convenient feature that ezyCollect offers. It provides debtors with a secure online platform to view their outstanding balances, make payments, and access payment history.
The portal supports various payment options, including credit card payments, direct debit, and pay now buttons.
By offering this self-service option, businesses can improve the customer experience, reduce administrative burdens, and expedite the payment process.
The integration of online payment capabilities simplifies the payment collection process, ultimately improving cash flow and reducing the need for manual intervention.
Working Capital Solutions
ezyCollect understands the importance of maintaining healthy cash flow for businesses. It offers working capital solutions that can help bridge cash flow gaps caused by overdue accounts.
These solutions, such as invoice financing or debtor financing, provide businesses with access to funds based on their outstanding receivables.
By unlocking the value tied up in overdue invoices, businesses can address immediate financial needs, meet payroll obligations, and cover other operational expenses while waiting for payment from debtors.
Customer Support
ezyCollect is committed to providing excellent customer support. Their dedicated support team is readily available to assist users with any inquiries or technical issues they may encounter.
Whether through phone calls, email, or online chat, businesses can rely on prompt and responsive customer service. ezyCollect also offers resources such as a blog, knowledge base, and training materials to help users maximize the benefits of the software.
They prioritize user satisfaction and ensure that businesses receive the assistance they need to optimize their debt collection processes.
For companies looking to automate their debt collection procedures and enhance cash flow management, ezyCollect is a game-changer.
EzyCollect offers a full range of services to improve receivables management, including automated communications, debtor CRM, customer payments site, working capital solutions, and committed customer support.
Data security and the capacity to do credit checks make it possible for companies to make choices with confidence while protecting the privacy of their customers’ personal data.
The user-friendly design of ezyCollect and its compatibility with accounting software make it a useful tool for companies of all sizes.
Businesses may increase their financial stability, optimize their collection operations, and cut down on debtor days using ezyCollect.
For more detailed FAQs and information specific to your region, such as Australia, the United Kingdom, or New Zealand, it is recommended to visit the ezyCollect website or contact their support team.
They will provide comprehensive assistance on topics like logistics, privacy policy, email address management, and other inquiries you may have regarding ezyCollect’s features and functionalities.
