AR Collect VS TroveWorks

AR Collect Pricing

TroveWorks Pricing

AR Collect

• Automated Payment Reminders: Sends advance and overdue invoice reminders based on payment status.
• Online Payments: Allows customers to pay via credit card or ACH through secure payment links.
• Customizable Email Templates: Offers ten customizable templates with automated fields for streamlined communication.
• Customer Categorization: Enables grouping of customers for targeted communications and reminders.
• Notes History: Tracks all collections notes and customer interactions for each account.
• Cash Flow Forecasting: Provides accurate projections based on customer promises to pay.
• Customer Response Tracking: Automatically records and displays all customer responses within the system.
• Seamless QuickBooks Integration: Supports both QuickBooks Online and Desktop platforms.
• Status Assignment: Assigns and updates statuses per customer for improved accounts management.
• Comprehensive Search & Filter: Sorts, filters, and searches receivables database for easy access.

TroveWorks

• Automated Invoice Collections: Streamlines and automates the process of collecting accounts receivable.
• Configurable Collection Workflows: Enables users to set up multiple email reminders and collection schedules.
• Customizable Email Templates: Allows creation and personalization of email communication for invoice reminders.
• Integration With Accounting Systems: Seamlessly integrates with solutions such as QuickBooks for billing data import.
• Activity History Tracking: Monitors all activities related to invoice collections for accountability and audit trails.
• Cloud Data Synchronization: Offers data backup and access through cloud synchronization features.
• Customer Account Queues: Organizes and manages account groups for effective collection management.
• Collections Team Management: Supports coordination of multiple agents and workflow segmentation.
• Reporting Suite: Provides both standard and custom reports for performance tracking and cash flow prediction.

AR Collect Use Cases

• Automating invoice reminder emails to customers with overdue accounts.
• Collecting online payments quickly through integrated payment links.
• Tracking customer communication and notes for streamlined collections.
• Categorizing customers to apply tailored remarketing or collections strategies.
• Generating accurate cash flow forecasts to assist in business planning.
• Accessing and managing receivables remotely for distributed finance teams.
• Utilizing QuickBooks Online and Desktop integration for financial workflow continuity.

TroveWorks Use Cases

• Automating the accounts receivable process for small business owners.
• Enhancing collection efficiency for finance teams in medium and large organizations.
• Integrating automated collections with QuickBooks for seamless invoicing.
• Coordinating collections efforts across multiple team members in an enterprise.
• Configuring customized invoice reminder email workflows.
• Predicting and reporting on cash collections and financial performance.

AR Collect FAQs

• Does AR Collect work with both QuickBooks Online and Desktop?

  Yes, AR Collect is compatible with both QuickBooks Online and QuickBooks Desktop versions, providing seamless integration for accounts receivable management.
• Are online payments processed securely through AR Collect?

  Yes, AR Collect enables secure online payment processing via credit card and ACH, with surcharging options available for card payments.
• Is there a free trial available?

  Yes, AR Collect offers a 30-day free trial with unrestricted access and support. No credit card is required to get started.
• Can email reminders and templates be customized?

  Yes, users can customize up to ten email templates with automated fields and create targeted reminder sequences for specific customer groups.

TroveWorks FAQs

• Is there a free version of TroveWorks available?

  Yes, TroveWorks offers an Essentials plan that is free forever, suitable for individuals and sole proprietors.
• What accounting systems does TroveWorks integrate with?

  TroveWorks integrates with popular solutions such as QuickBooks, allowing for seamless data import and workflow automation.
• Can I customize email templates and collection workflows?

  Yes, users can fully configure email templates and set up personalized collection schedules and workflows for their needs.
• Is TroveWorks suitable for teams?

  Yes, advanced plans of TroveWorks allow for collections team management and workflow segmentation for groups of accounts.

Uptime Monitor

Uptime Monitor