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Payference description
Payference is a cloud-based cash management software designed for mid-sized and larger businesses. It offers tools for automating accounts receivable processes, including invoicing, payments, and collections. The software integrates with existing accounting systems like Netsuite to provide a centralized platform for managing cash flow. Payference uses AI to deliver real-time cash flow forecasting, helping businesses improve decision-making and optimize working capital. It aims to provide an easy-to-use solution with a user-friendly interface and comprehensive data analytics.
Who is Payference best for
Payference is a cloud-based cash management solution designed for mid-sized businesses. It automates accounts receivable processes, including invoicing, payments, and collections. It integrates with accounting systems like Netsuite and uses AI for real-time cash flow forecasting. Payference helps businesses improve decision-making and optimize working capital.
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Best fit for mid-sized businesses seeking to automate AR and improve cash flow.
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Suitable for businesses using NetSuite.
Payference features
| Supported Payference offers AI-powered real-time cash flow forecasting. |
| Supported Payference offers AI-driven accounts receivable automation, streamlining processes and improving cash flow. |
| Supported Payference integrates with bank accounts and ERPs for real-time cash flow monitoring. |
| Supported Payference integrates with various accounting systems, streamlining workflows and ensuring data consistency. |
| Supported Payference offers a dedicated customer payment portal for viewing and paying invoices. |
| Supported Payference allows creating, sending invoices, and tracking payments. |
Payference pricing
The commentary is based on 1 reviews from Payference G2 reviews.
Payference offers robust A/R automation and cash flow forecasting features at a significantly lower cost than comparable NetSuite modules. Users appreciate its value, highlighting its affordability compared to native NetSuite solutions and other similar software. While specific pricing isn't available, reviews suggest it's a cost-effective choice.
See the Payference pricing page.
Payference alternatives
CentimeBetter for growing SMBs. Broader accounting features including accounts payable and business banking. Has more momentum in terms of website traffic growth. Integrates with QuickBooks and Sage Intacct, in addition to Netsuite.Read more
AgicapBetter for small businesses and those seeking broader industry fit. Has more momentum based on employee growth. Users praise ease of use and customer support but note a difficult onboarding process and occasional bugs. More reviews available.Read more
SAP ConcurBetter for travel and expense management. Broader industry applicability. Has a larger user base but is growing slower. More established, with more integrations.Read more
G-AcconBetter for users who need Google Sheets integration. Has broader integrations with accounting software like Xero, Quickbooks, and Freshbooks. Caters to a wider range of business sizes. G-Accon is growing slower than Payference.Read more
RilletBetter for SaaS businesses needing revenue recognition tools. Has grown faster than Payference and boasts positive user reviews, especially regarding customer support and integrations with Salesforce and Stripe. G2 ratings are also higher.Read more
InvoicedHas broader industry applicability. Serves a wider range of business sizes. Users praise its user-friendly interface, integrations, and customer support. Payference alternative, Invoiced competitor.Read more
Payference FAQ
What is Payference and what does Payference do?
Payference is a cloud-based cash management solution for mid-sized businesses. It automates accounts receivable processes such as invoicing, payments, and collections. Integrating with accounting systems like Netsuite, Payference uses AI for real-time cash flow forecasting and offers a centralized platform for managing cash flow.
How does Payference integrate with other tools?
Payference integrates with existing accounting systems, including Netsuite, to centralize cash flow management. It connects with bank accounts and ERPs for real-time monitoring and offers a customer payment portal for viewing and paying invoices.
What the main competitors of Payference?
Top Payference alternatives include Centime, Agicap, and Invoiced. These competitors offer similar features like AR automation, cash flow forecasting, and integrations with accounting systems. They also target mid-sized businesses seeking improved cash flow management.
Is Payference legit?
Payference appears legitimate, boasting a 4.8/5 rating on G2 based on 16 reviews. It integrates with accounting systems like Netsuite and offers AI-driven cash flow forecasting, which some users might consider safe and efficient.
How much does Payference cost?
I couldn't find pricing details for Payference. For the most current pricing information, it's best to visit their website or contact their sales team directly.
Is Payference customer service good?
Payference customers consistently praise the excellent customer support, highlighting the team's responsiveness, helpfulness during implementation, and willingness to incorporate user feedback. A few users mention initial setup challenges, but these were quickly resolved by the support team.
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.