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Receiv

Receiv

Overview

What is Receiv?

Receiv is an accounts receivable and collections management platform designed to streamline and automate finance department activities in large corporations. It is specifically tailored for banks, financial institutions, cooperatives, fintechs, and FIDCs. Finance professionals, accounts receivable managers,...

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Pricing

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Entry-level set up fee?

  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Product Details

What is Receiv?

Receiv is an accounts receivable and collections management platform designed to streamline and automate finance department activities in large corporations. It is specifically tailored for banks, financial institutions, cooperatives, fintechs, and FIDCs. Finance professionals, accounts receivable managers, collections specialists, credit managers, and financial institutions in various industries rely on Receiv to optimize their accounts receivable processes.

Key Features

Automated Accounts Receivable Process: According to the vendor, Receiv's intelligent platform aims to optimize the accounts receivable process for large corporations by streamlining and automating finance department activities.

Complete Control System: The vendor claims that Receiv provides a comprehensive control system that enables the finance team to efficiently manage and track the accounts receivable process.

Negotiation Portal: Receiv offers a Negotiation Portal, allowing customers to engage in negotiations and payment arrangements, as stated by the vendor.

24/7 Customer Support: The vendor states that Receiv provides round-the-clock customer support to ensure assistance is available whenever needed.

Automated Collection Workflow: Receiv's collection workflow can be customized and automated based on predefined rules and triggers, according to the vendor.

Enhanced Customer Communication: The vendor claims that Receiv facilitates better communication with customers through various channels, fostering improved engagement and collaboration in the collection process.

Credit Reporting and Third-Party Management: According to the vendor, Receiv provides control over negative credit reporting and efficient management of third-party collection agencies to handle delinquent accounts.

Payment Reconciliation: Receiv offers automated payment reconciliation to streamline the process of matching and reconciling incoming payments with outstanding invoices, as stated by the vendor.

AI-Powered Collection Strategies: The vendor claims that Receiv leverages artificial intelligence to help users create effective collection strategies by analyzing data and utilizing predictive modeling.

Receiv Features

  • Supported: Billing & Invoicing

Receiv Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsWeb-Based
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Comparisons

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