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Payference

The All-In-One Tool For Collections and Cash Management

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Payference Pricing, Features, Reviews and Alternatives

Payference product overview

What is Payference?

You can manage all of your working capital and cash flow alternatives with the help of Payference, an all-in-one tool for real-time, dynamic cash forecasting. With our self-serve payment portal, you can increase AR efficiency, speed up cash collection, and enhance customer satisfaction while freeing up your team to concentrate on critical projects.

Key benefits of using Payference

IMPROVE YOUR WORKING CAPITAL MANAGEMENT WITH PAYFERENCE

CASH FORECASTING

View all cash positions in real-time from one source

Reduce errors from human inputting

Make highly accurate cash forecasts

Manage and forecast cash efficiently

Override and adjust items in cash forecasts

RECEIVABLES

Automate cash collections for improved efficiency

Speed up collections to increase cash flow
Identify high risk accounts to minimize their impact

Leverage machine learning to predict payments

PAYABLES

Prioritize payables for better cash flow

Optimize payment methods and terms

Increase DPO

Automatically reconcile payments with bank transactions

INTEGRATIONS

Connect your ERP/accounting system, banks and payment channels

Go live in a matter of hours

Typical customers

Freelancers
Small businesses
Mid size businesses
Large enterprises

Platforms supported

Web
Android
iPhone/iPad

Support options

Email/Help Desk
Phone Support
Chat
FAQs/Forum

Training options

Live Online
Documentation
Webinars
Videos
In Person

Payference features

Functionality

4.7

/5

3

Total features

43

8 categories

Most valued features by users

Activity Dashboard
Third-Party Integrations
Reporting & Statistics
Data Import/Export
Alerts/Notifications
Workflow Management
Customizable Reports
Multi-Currency

Payference users reviews

Overall Rating

4.3

/5

3

Positive reviews

Rating breakdown
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9.33/10
Rating distribution

5

4

3

2

1

1

2

0

0

0

BM
AvatarImg

Brenda M.

Wholesale, 51-200 employees

Used daily for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Payference - AR

Reviewed a year ago

With our business we had a number of requests to adapt Payference to our specific needs. Payference was extremely responsive and was able to accommodate our requests so the system works very well for us now.

Pros

Automating the process of sending out invoices and reminders has allowed us to save time and focus on more critical tasks.

Cons

There were some changes we needed to fit our specific needs, but they have all been addressed and the system works well for us.

Vendor response

Thank you so much for your positive review of Payference! We're so happy to hear that our platform is helping you save time and focus on more critical tasks.

BG
AvatarImg

Bonnie G.

Wholesale, 51-200 employees

Used daily for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Payference review

Reviewed a year ago

Good tool for both company and customers to use to review their statements.

Pros

Easier to email customer's their missing invoices and sending monthly statements.

Cons

Better communications when ERP files aren't received or if received, if didn't load. Also need more communication when PDFs are missing on accounts receivable invoices.

Vendor response

Thank you so much for your review! We're so happy to hear that you find value in being able to email customer's their missing invoices and send monthly statements.

JP
AvatarImg

Jim P.

Accounting, 51-200 employees

Used weekly for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

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Great Automated Cash Flow Tool

Reviewed a year ago
Pros

Streamline your cash flow with certain accounting software that use correct accounting process.

Cons

Sometimes can be difficult to use if client is not using AP and AR the correct way or using the right type of transaction types.

Vendor response

Thank you so much for your review of Payference Jim! We're so happy you've been able to streamline your cash flow process.

Payference FAQs

Q. Who are the typical users of Payference?

Payference has the following typical customers:
Large Enterprises, Mid Size Business, Non Profit, Public Administrations, Small Business


Q. What languages does Payference support?

Payference supports the following languages:
English


Q. Does Payference offer an API?

Yes, Payference has an API available for use.


Q. What other apps does Payference integrate with?

Payference integrates with the following applications:
Sage 300 Construction and Real Estate, Sage Intacct, NetSuite, Yardi Voyager, Sage 100, QuickBooks Online


Q. What level of support does Payference offer?

Payference offers the following support options:
Email/Help Desk, Phone Support, Chat, FAQs/Forum

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