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Kolleno description
Kolleno is an accounts receivable automation software designed for mid-sized and enterprise businesses. It aims to simplify and automate financial operations, including invoicing, payments, and collections. The platform offers automated payment reminders, multiple payment options, and integrates with popular accounting software. Kolleno boasts a user-friendly interface and promises to reduce manual tasks and improve cash flow.
Who is Kolleno best for
Kolleno helps mid-sized businesses automate accounts receivable, improving cash flow and reducing manual tasks. Users praise its automated reminders and integrations with accounting software like Xero. However, some find the initial setup time-consuming and desire more dashboard customization. Kolleno offers flexible payment options and a customer payment portal, simplifying the payment process.
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Best fit for medium-sized businesses seeking streamlined accounts receivable.
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Ideal for businesses focused on optimizing cash flow and automating financial operations.
Kolleno features
| Supported Kolleno automates accounts receivable processes, including workflows and communication. |
| Supported Kolleno automates payment reminders and allows personalized sequences. |
| Supported Kolleno integrates with accounting systems like Xero and Sage, streamlining workflows and ensuring data consistency. |
| Supported Kolleno supports dunning management, including sending overdue notices. |
| Supported Kolleno offers various payment methods, gateways, plans, and partial payments. |
| Supported Kolleno provides a dedicated customer payment portal for viewing and paying invoices. |
| Supported Kolleno offers comprehensive reporting and analytics, including KPI tracking. |
We evaluate the sentiment that users express about non-functional aspects of the software
Customer Service
Ease of Use
Reliability and Performance
Ease of Implementation
Scalability
Kolleno reviews
We've summarised 89 Kolleno reviews (Kolleno G2 reviews) and summarised the main points below.
- Centralized platform for managing customer information, communications, and payments, simplifying receivables management.
- Automated payment reminders are customizable and effective, improving payment compliance and reducing manual errors.
- Seamless integration with ERP and accounting software like Xero and NetSuite, enabling real-time data synchronization and reporting.
- Improved DSO and cash flow due to automated workflows and efficient task management.
- Excellent and responsive customer support, praised for their assistance and receptiveness to feedback.
- Limited mobile app functionality, currently only allowing data viewing.
- Initial setup and workflow customization can be time-consuming.
- Dashboard customization options are limited, with users desiring more control over displayed reports and widgets.
- Some users find the reporting feature could be more customizable with more in-built report formats or a report builder.
- Some non-essential tabs, like Reconciliation, can clutter the UI for certain users.
Kolleno pricing
The commentary is based on 4 reviews from Kolleno G2 reviews.
Kolleno's pricing is not directly discussed in reviews. However, users highlight time savings due to automated payment reminders and reduced payment processing fees, indirectly suggesting cost-effectiveness and value. Some users express a desire for certain features, like credit rating data, to be included without extra cost.
Users sentiment
Kolleno alternatives
TesorioTesorio is growing faster and has better ratings. It is easier to use and implement, with better customer service and scalability, but some users report unreliable logins and undelivered features. A Kolleno alternative focused on cash flow prediction and reporting.Read more
Biller GenieBetter suited for smaller businesses in the US. Has grown faster in terms of website traffic and employee base. Offers late fee management and autopay.Read more
GrowfinGrows faster and has better ratings. More suitable for larger businesses in specific sectors like supply chain, healthcare, and software. Offers stronger reporting and analytics features. Customer support is well-regarded, but initial setup can be challenging. Some users report slow performance and limited email templates. Kolleno alternative. Growfin competitor.Read more
XeroBetter for small to medium businesses. Offers broader accounting features beyond accounts receivable automation. Integrates with hundreds of third-party apps. More established, with generally positive user reviews, though some dislike recent pricing changes.Read more
InvoicedBetter for smaller businesses and those in finance, IT, or professional services. Has broader industry applicability but is declining in momentum.Read more
Glean.aiBetter for accounts payable automation and spend analysis. Focuses on US-based mid-sized companies. Stronger in AP automation and spend management.Read more
Kolleno FAQ
What is Kolleno and what does Kolleno do?
Kolleno is accounts receivable automation software that streamlines invoicing, payments, and collections for mid-sized and enterprise businesses. It offers automated reminders, flexible payment options, and integrates with accounting software to improve cash flow and reduce manual tasks. Users praise its centralized platform and effective payment reminders.
How does Kolleno integrate with other tools?
Kolleno integrates with accounting systems such as Xero and Sage, ensuring data consistency and streamlined workflows. It also offers various payment gateways and methods to facilitate flexible payment options for customers.
What the main competitors of Kolleno?
Alternatives to Kolleno include Tesorio, Biller Genie, Invoiced, and Growfin. These competitors offer similar accounts receivable automation features, such as automated reminders, payment portals, and integrations with accounting software. Some, like Biller Genie, focus on smaller businesses, while others, like Tesorio, target larger enterprises.
Is Kolleno legit?
Kolleno is a legitimate accounts receivable automation software. User reviews praise its centralized platform, automated reminders, and integrations. Kolleno appears safe and effective for streamlining financial operations, particularly for mid-sized businesses.
How much does Kolleno cost?
Kolleno's pricing is not publicly available. Contact their sales team for a customized quote based on your specific debt collection needs. Consider exploring alternative software with transparent pricing if product pricing is a major factor.
Is Kolleno customer service good?
Kolleno's customer support receives overwhelmingly positive feedback. Users consistently praise the team's responsiveness, expertise, and helpfulness throughout the onboarding process and beyond. They are commended for their quick responses, proactive assistance, and willingness to tailor solutions to specific business needs.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.