Optimize AR Management to unlock cash tied up in receivables
Kolleno is a one single platform to turn your revenues into cash, replacing manual credit control and collection processes with optimised workflows, tailored strategies, and real-time insights into receivables performance.
Kolleno with NetSuite helps finance teams to bring all finance related communications into one place, easily prioritize workflows, build tailored strategies, reconcile payments with ease and gain full visibility into receivables with custom reports.
Kolleno accounts receivable management helps NetSuite customers to reallocate their time to high-value-add activities by streamlining manual tasks, speeding up the sales-to-cash timeframe and reducing DSO.
Key Benefits
Kolleno is trusted by companies like Talent Garden, Marshmallow, October, Peblo and others to reduce average time spent chasing overdue payments from clients and increase payment recovery rates by greater than 75%, on average.
Key Benefits of Kolleno integration with NetSuite include:
1) Centralize invoice-to-cash process
– Real-time visibility into Accounts Receivables. Know which clients’ accounts are overdue to inform executive decision making.
– All payment related communications in one place. One point of information for the management of customer payments through Kolleno’s customer timeline.
– Cash predictions and analysis. Predictions in your future cash positions based on your clients’ historic payment behavior.
2) Recover payments faster
– Streamline your workflows and prioritize easily. Kolleno platform provides users with daily-to-dos for follow ups visualized in a prioritized way.
– Spend less time on AR management. enroll your clients in custom collection strategies and bulk communications.
– Nurture client relationships. Client-centric communication templates, strategies, and white-labelled approach to stay on top of invoices without compromising client relationships.
3) Improve client’s payment experience
– Greater visibility for your clients. Your clients can view all paid and unpaid invoices through the payment portal, as well as download statements of accounts.
– Simplify payments experience. Kolleno’s digital payment platform provides multiple payment options (ACH, Credit Card, Open banking) making it easier for your clients to complete transactions.
– Easier Payments Reconciliation. Automated payments reconciliation to ensure up to date information and save time for the team.
Customer Quote
“Kolleno is an essential part of our workflow in the Finance Department. We choose Kolleno because it offers fast results, is affordable and easy to use. Kolleno easily connects with our accounting and ERP system and gives us an accurate view of what’s happening with our receivables all in one single platform. Using Kolleno has helped me and my team to save time, money, and to deliver value to our customer in a way that position ourselves and our business to be successful, not just today, but also for the future.” – Edoardo Giovanni Raimondi, CFO at Talent Garden
“We were pleasantly surprised to discover the great variety of functions the platform can offer. The platform is a great digital tool for AR management and credit control. It also offers CRM functions that help to maintain positive relations with our clients. Overall, we would recommend Kolleno to any business seeking a smart solution on how to save time and recover unpaid invoices faster.” – Julien Ramezani, Head of Client Operations at October