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FactorFox vs. Latitude Collections (legacy)

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FactorFox

Latitude Collections (legacy)

6 Reviews and Ratings

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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

    Latitude Collections (legacy)

    Score10 out of 10
    Mid-Size Companies (51-1,000 employees)
    		Latitude Collections software, developed by Latitude Software, was acquired by Genesys in 2016 and sold as Latitude by Genesys. It was a standalone product for accounts receivables challenges: delinquency or negligence through charge-off and debt sale. It is a legacy application.

    $75

    per month

    Pricing
    FactorFoxLatitude Collections (legacy)
    Editions & Modules
    No answers on this topic
    Genesys Cloud CX 1
    $75
    per month
    Genesys Cloud CX 2 Digital
    $90
    per month
    Genesys Cloud CX 2 Digital + Voice
    $110
    per month
    Genesys Cloud CX 3 Digital + WEM
    $130
    per month
    Genesys Cloud CX 3 Digital + WEM + Voice
    $150
    per month
    Offerings
    Pricing Offerings
    FactorFoxLatitude Collections (legacy)
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoYes
    Entry-level Setup FeeNo setup feeOptional
    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.Prices listed are per named user, billed annually. Usage-based pricing may apply.
    More Pricing Information
    User Ratings
    FactorFoxLatitude Collections (legacy)
    Likelihood to Recommend
    -
    (0 ratings)
    8.4
    (4 ratings)
    Usability
    -
    (0 ratings)
    8.2
    (1 ratings)
    Support Rating
    -
    (0 ratings)
    9.1
    (1 ratings)
    User Testimonials
    FactorFoxLatitude Collections (legacy)
    Likelihood to Recommend
    FactorFox Software
    No answers on this topic
    Discontinued Products
    As a consulting company specializing in the support of Latitude by Genesys customers, I have first hand experience seeing all of the benefits to my customers of this platform. The ease of powerful interfaces, highly organized GUI based workflows, simple import/export automation as well as a host of integrated vendors makes this the platform of choice for me and my company. Prior to starting my consulting company I was an end user of Latitude by Genesys for 3 years and had the distinct opportunity to work with a top notch implementation team.
    John Everman
    CEO / Founder
    Read full review
    Pros
    FactorFox Software
    No answers on this topic
    Discontinued Products
    • Payments plans management
    • Account analysis reports
    • The system is user friendly
    JOSE ROMAN
    COO (Chief Operating Officer)
    Read full review
    Cons
    FactorFox Software
    No answers on this topic
    Discontinued Products
    • In the past, their support has been slow. This has improved dramatically.
    • They don't take every one of my ideas and pump it into base code IMMEDIATELY!!
    Roger Weiss
    President
    Read full review
    Usability
    FactorFox Software
    No answers on this topic
    Discontinued Products
    From our perspective, it would be good having a UGC tool integrated with the system.
    JOSE ROMAN
    COO (Chief Operating Officer)
    Read full review
    Support Rating
    FactorFox Software
    No answers on this topic
    Discontinued Products
    They have an excellent support team. It was more helpful if they were available by phone, but your ticket system support works good. The Logmein123 is an outstanding tool that helps us a lot when we need support.
    JOSE ROMAN
    COO (Chief Operating Officer)
    Read full review
    Alternatives Considered
    FactorFox Software
    No answers on this topic
    Discontinued Products
    Base on cost of initial investment, ongoing support and efficient development capabilities (i.e. import/export interfaces, workflows, etc.) this platform is leaps and bounds ahead of all the other major platforms I have worked with. Some of the others I worked with for as many as 12 years before experiencing the power of Latitude.
    John Everman
    CEO / Founder
    Read full review
    Return on Investment
    FactorFox Software
    No answers on this topic
    Discontinued Products
    • It help us a lot to manage our day to day business.
    • It helps our users to produce invoices and handling payment plans in a very efficient way.
    JOSE ROMAN
    COO (Chief Operating Officer)
    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.

    Latitude Collections (legacy) Screenshots

    Screenshot of Latitude by Genesys - Agent DesktopScreenshot of Latitude by Genesys - WorkflowScreenshot of Latitude by Genesys - Job Manager