CreditorWatch Collect
About CreditorWatch Collect
CreditorWatch Collect Pricing
Starting from $89/month (AUD, NZD, USD)
Starting price:
A$89.00 per month
Free trial:
Available
Free version:
Not Available
Most Helpful Reviews for CreditorWatch Collect
1 - 5 of 12 Reviews
Anonymous
2-10 employees
Used weekly for less than 12 months
OVERALL RATING:
5
EASE OF USE
3
FUNCTIONALITY
4
Reviewed July 2021
Saves time on keeping track of slow payers
If you have a lot of slow paying clients, Debtor Daddy is your daddy. Saves time and money.
PROSIt creates a list for you of all your slow payers a.k.a. overdue debtors rather than you having to find these debtors yourself.
CONSNothing, apart from the learning curve at first to use it. But that's basically with any software, so not much here!
Marc
Internet, 11-50 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed February 2022
Simple and straightforward A/R tool
The product is great, especially for the cost. It pays for itself and would highly recommended to anyone looking for a cost-effective solution to managing their A/R.
PROSSuper simple, no-frills software to help automate the process of managing A/R
CONSNot always easy to see the full activity timeline. I wish there were more features being introduced but the functionality has been relatively the same over the last couple of years.
Reason for choosing CreditorWatch Collect
Price, collection, and phone call follow-up features.
Reasons for switching to CreditorWatch Collect
The built-in invoice reminders were lacking in Xero.
Vendor Response
Hi Marc Thanks for taking the time to leave us this excellent review! We're really pleased you're finding our software simple to use and that it's done the job of automating your A/R. I've passed on your comments about the full activity timeline. In regard to more features, we do have some in the pipeline for launch this year. We'll be in touch with all our customers as it goes live soon, so keep an eye on your inbox. Would you mind if we used your review on our social media pages so other businesses can see how Debtor Daddy could help them? Thanks for recommending us! Lucy
Replied February 2022
Anna
Building Materials, 11-50 employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed February 2022
Take the stress out of collections with a streamlined process
Automation has had a twofold benefit, the customers are consistently engaged and the notes are centralised so each customer can be easily tracked.
PROSThe great benefit to this system is that you can tailor the debt collect process to fit your needs. The workflow set up is worded and sent when you want it to be. Customers that are overdue are continually engaged with messages and prompted to respond, an engaged debtor is better that an unengaged one. The system is flexible so you can change the workflow and messaging at any time if it is not having the desired outcome. Sending a customer to the debt collection company is also easy. The trick is to spend the time at the beginning setting up workflows and assigning customers appropriately, once you have pushed go, all notices are sent on a daily basis in line with the customers allocated workflows. Emails advising of that days intended notices being sent is helpful too. Timings can be set also for notices and uploads from the software integration. Debtor Daddy are also helpful and very responsive.
CONSOne issue is that if you have a disputed invoice so you mark it disputed and mute it, this has no effect on the debt collect notices being sent. The only way to get around this is to mute the customer.
Vendor Response
Hi Anna Thanks for taking the time to leave us this great review! We're really pleased to hear that the ability to customize your workflows and messaging is working well for you. We know that every business is a little different so pride ourselves on the fact our automation software can adapt to our customers' needs. Thanks for letting us know your thoughts on disputed invoices. I've passed this on to our team so they keep this in mind as they continue to develop the tool. Would you mind if we used your review on our social media pages? Thanks again for recommending us. Lucy
Replied February 2022
Fabrice
Real Estate, 11-50 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed February 2022
56% reduction in the amount overdue 30+ days
The team at Debtor Daddy is there to help you, from implementation, to helping create the workflow (ie. emails, calls, texts) and the wording of notices to potentially adding new features they are available to help. We've been able to greatly reduce the manual work around sending emails and focus on calling owners to get the money in or create payment plans.
PROSAutomation workflow, we went from an archaic manual process to having an almost completely automated process. We've been able to reduce our client's AR greatly and focus on all the other aspect of our AR tasks and provide better financial statements.
CONSIt would be nice to create workflow templates that way when we integrate new organizations the setup is a little faster (it's not that hard to currently)
Vendor Response
Hi Fabrice Thanks for taking the time to leave us this great review! One of the key things we aim to do for our customers is removing manual AR processes. We're so pleased that we've been able to support you to achieve this for your team. Thanks for raising your thoughts on workflow templates. I've passed this on to our team so they can keep it in mind as they continue to develop the software. Thanks for recommending us. Lucy
Replied February 2022
Brett
Law Practice, 11-50 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed February 2022
Excellent Product
My experience is excellent. It automates my invoice chasing very efficiently and with great results. I now use it in two businesses to great effect.
PROSDebtor Daddy saves me an enormous amount of time and sees my invoices paid significantly more quickly
CONSI have no complaints at all about Debtor Daddy
Reason for choosing CreditorWatch Collect
I use Xero for accounts but it's invoice chasing feature does not have the same functionality
Vendor Response
Hi Brett Thank you for taking the time to leave us this excellent review! We're thrilled to hear that Debtor Daddy's helping you get paid faster. This is one of the key things we aim to achieve for our customers, so your comments are really appreciated. Thanks for recommending us, Lucy
Replied February 2022