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What is Sofacto?

Sofacto is your dependable ally for daily billing tasks. With just a few clicks, you can manage everything related to billing, from modifying documents to efficiently tracking payments in a hassle-free manner. Built entirely on the Salesforce platform, Sofacto leverages the extensive security, performance, and features provided by this leading Cloud CRM provider. The platform offers a holistic and enhanced CRM experience that empowers you to unlock strategic insights through a complete 360° perspective on your customer relationships. By simplifying your daily operations, such as invoice creation and payment follow-ups, Sofacto becomes an essential part of your workflow. Your dashboards provide real-time updates, allowing you to consistently make well-informed decisions. Through the automation of billing management tasks, Sofacto enables you to reclaim precious time. Utilizing Salesforce.com's Cloud technology allows for seamless collaboration, free from constraints of time or geography. Furthermore, this cutting-edge platform guarantees that you retain agility and adaptability in a swiftly evolving business environment, ensuring you are always ready to meet new challenges head-on. With Sofacto, you can focus more on growing your business while it takes care of your billing needs.

What is Collections Management?

Collections Management streamlines workflows customized for each client, promoting the consolidation of accounts receivable alongside their contact details. This system allows for precise targeting of clients based on their outstanding balances, overdue accounts, and other relevant metrics, while also highlighting invoices that are due for payment. In addition, it provides a mechanism for monitoring customer interactions and the follow-up actions that are required. Presently, approximately 3,200 clients are making use of Collections Management, and we often discover that these customers share similar hurdles in the debt collection process. Common challenges include clients failing to meet payment deadlines, the arduous task of chasing after overdue debts, and the overarching strain of collection management. By tackling these prevalent issues, Collections Management aims to refine your collections processes, allowing you to dedicate less time to administrative duties and more time to improving your business's cash flow. In this article, we will identify the key challenges faced by clients and illustrate how Collections Management can provide effective solutions to these problems, ultimately enhancing operational efficiency and financial health.

Media

Media

Integrations Supported

Microsoft Dynamics 365
Microsoft Dynamics GP

Integrations Supported

Microsoft Dynamics 365
Microsoft Dynamics GP

API Availability

Has API

API Availability

Has API

Pricing Information

$25 per user per month
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Sofacto

Date Founded

2015

Company Location

France

Company Website

www.sofacto.com

Company Facts

Organization Name

Professional Advantage

Date Founded

1989

Company Location

United States

Company Website

www.professionaladvantage.com/products/collections-management

Categories and Features

Billing and Invoicing

Billing Portal
Contact Database
Contingency Billing
Customer Portal
Customizable Invoices
Dunning Management
Hourly Billing
Invoice History
Mobile Payments
Multi-Currency
Online Invoicing
Online Payments
Payment Processing
Project Billing
Recurring/Subscription Billing
Service Ticket Billing
Tax Calculator

Categories and Features

Accounts Receivable

ACH Payment Processing
Billing & Invoicing
Check Processing
Collections Management
Online Payment Processing
Overpayment Processing
Partial Payments
Receivables Ledger
Recurring Billing

Billing and Invoicing

Billing Portal
Contact Database
Contingency Billing
Customer Portal
Customizable Invoices
Dunning Management
Hourly Billing
Invoice History
Mobile Payments
Multi-Currency
Online Invoicing
Online Payments
Payment Processing
Project Billing
Recurring/Subscription Billing
Service Ticket Billing
Tax Calculator

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