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FactorFox vs. HighRadius Accounts Receivable

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    FactorFox

    N/A
    Small Businesses (1-50 employees)
    FactorFox is a browser based operating system for factoring and specialty finance companies. It has been in continuous production since 2002 and supports roughly 100 factoring and specialty finance firms across North America, Latin America, Europe, Australia, and South Africa. The platform covers the full receivable lifecycle: client and debtor setup, invoice purchase and funding, verification, cash application, collections, reserves and escrow, and…N/A

    HighRadius Accounts Receivable

    Score7.1 out of 10
    N/AAutonomous Receivables, from HighRadius headquartered in Houston, is anaccounts receivable solution. It is designed to reduce DSO and bad debt, and connects credit, billing & invoicing, cash application, deductions, and collections.N/A
    Pricing
    FactorFoxHighRadius Accounts Receivable
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    FactorFoxHighRadius Accounts Receivable
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional DetailsFactorFox is sold as a single all inclusive subscription priced on annual factored volume rather than per seat. There are no per user fees, no AI usage charges, and no separate module fees; the financing blocks and the intelligence layer are included in the subscription. Third party credit bureau data is billed separately at cost. The subscription tier is reviewed annually against trailing twelve month factored volume. Specific tier pricing is provided on request.—
    More Pricing Information
    User Ratings
    FactorFoxHighRadius Accounts Receivable
    Likelihood to Recommend
    -
    (0 ratings)
    9.0
    (1 ratings)
    User Testimonials
    FactorFoxHighRadius Accounts Receivable
    Likelihood to Recommend
    FactorFox Software
    No answers on this topic
    HighRadius
    [HighRadius Collections Cloud] is well suited for [a] multitude of businesses. It's a well-versed system that uses your current data to help drive automation with the receivables. [It] also uses analytics to help drive forecasting. Businesses need to realize [their] data is what drives [the] program, so [they] need to ensure [the] dataset is valid before trying to convert over to [HighRadius Collections Cloud]. Existing ERP is driving what [HighRadius Collections Cloud] can or can not do.
    Incentivized
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    Pros
    FactorFox Software
    No answers on this topic
    HighRadius
    • Creates scoring for working worklists
    • Able to send out statements and emails electronically
    • Segment customer accounts
    • Better reporting
    Incentivized
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    Cons
    FactorFox Software
    No answers on this topic
    HighRadius
    • More out of the box functionality
    • Quicker turnaround times with IT department
    • Tiered level support for IT tickets
    Incentivized
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    Alternatives Considered
    FactorFox Software
    No answers on this topic
    HighRadius
    [HighRadius Collections Cloud] encompasses several modules that interact with one another. This allows the data to talk between the different modules, this [is] one of the main strengths of [HighRadius Collections Cloud].
    Incentivized
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    Return on Investment
    FactorFox Software
    No answers on this topic
    HighRadius
    • Has helped drive down DSO
    • Reduced staffing
    • Allowed us to better segment customer accounts
    Incentivized
    Read full review
    ScreenShots

    FactorFox Screenshots

    Screenshot of the workspace for monitoring a factoring portfolio, with real time visibility into clients, receivables, risk, funding activity, and items requiring attention.Screenshot of aview of a client with AI driven insights, portfolio metrics, risk indicators, concentration, financial activity, and actionable information.Screenshot of the workflow that centralizes documents, verification, eligibility, exceptions, and funding decisions.