IODM Essentials vs. Quadient Accounts Receivable

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
IODM Essentials
Score 0.0 out of 10
N/A
N/AN/A
Quadient Accounts Receivable
Score 8.7 out of 10
N/A
Quadient Accounts Receivable, formerly YayPay but acquired by Quadient in 2020, is presented as a complete accounts receivable management platform that gives user's teams more time, more insight, and more control.N/A
Pricing
IODM EssentialsQuadient Accounts Receivable
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
IODM EssentialsQuadient Accounts Receivable
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
IODM EssentialsQuadient Accounts Receivable
Features
IODM EssentialsQuadient Accounts Receivable
Accounts Receivable
Comparison of Accounts Receivable features of Product A and Product B
IODM Essentials
-
Ratings
Quadient Accounts Receivable
7.5
2 Ratings
7% below category average
Invoice Control00 Ratings9.02 Ratings
Payment Tracking00 Ratings7.92 Ratings
Credit Management00 Ratings5.12 Ratings
Aging Reports00 Ratings9.01 Ratings
Customer Statements00 Ratings8.12 Ratings
Automatic Reminders00 Ratings8.01 Ratings
Payment Reconciliation00 Ratings7.42 Ratings
Dispute Resolution00 Ratings5.01 Ratings
Financial Reports00 Ratings8.01 Ratings
Integration with Accounting Systems:00 Ratings7.52 Ratings
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IODM EssentialsQuadient Accounts Receivable
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Medium-sized Companies
Accounting Seed
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Accounting Seed
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Score 8.5 out of 10
Enterprises
BlackLine
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Score 8.9 out of 10
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Score 8.9 out of 10
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User Ratings
IODM EssentialsQuadient Accounts Receivable
Likelihood to Recommend
-
(0 ratings)
8.1
(2 ratings)
Likelihood to Renew
-
(0 ratings)
8.2
(1 ratings)
Usability
-
(0 ratings)
8.2
(1 ratings)
User Testimonials
IODM EssentialsQuadient Accounts Receivable
Likelihood to Recommend
IODM
No answers on this topic
Quadient
Great for automating dunning letters and standard customer communications. Great for dashboards for the collections teams. Easy to manage reporting that syncs with our in-house ERP, NetSuite. Senior management can review the dashboard to monitor overall performance. Can be hard to maintain a separate login for another ERP system.
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Pros
IODM
No answers on this topic
Quadient
  • Self serve and easy access to customer documents
  • provides a full audit of all collection notes for any invoice in a single repository of data
  • Allows your collection team to become more proactive on issues than reactive - the automated services Quadient offers remove a lot of the manual human tasks
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Cons
IODM
No answers on this topic
Quadient
  • Being able to tell clients which invoices were applied to for payment application
  • More analytical tools
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Likelihood to Renew
IODM
No answers on this topic
Quadient
Yay Pay has saved a lot of time. Integrates the billing and invoicing departments and is helpful to the revenue team to track customers and timing of payments. The AR and billing teams can share information with others and allows sharing of information that previously was hard to manage. Yay Pay integrates very well with Net Suite
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Usability
IODM
No answers on this topic
Quadient
I love the usability, the way the information is divided is very well though out and it flows nicely. The only thing I would point out is that sometimes the search engine show no results and when I know that cannot be correct, I refresh the page and the information shows up. It would be nice if if the connection is not good or the website is not sure if the information is correct, it would tell me, not say it is not there
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Alternatives Considered
IODM
No answers on this topic
Quadient
Very similar to Tesorio - more cost effective but less savvy in forecasting piece. Quadient customer service is A+. Much more functional workflow capability than NetSuite
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Return on Investment
IODM
No answers on this topic
Quadient
  • Decrease in our DSO which was relatively high before
  • Ease of use by our customers to gather statements or invoices
  • Ease of use platform for all employees
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ScreenShots

Quadient Accounts Receivable Screenshots

Screenshot of a dashboard showing where cash can be allocated back to the ERP automatically - whether remittance data is included or not - allowing for increased accuracy, higher productivity, and reduced risk of manual errors.Screenshot of an example customizable resolution and escalation workflow.Screenshot of an example custom report. These combine AR data with machine learning to predict cash flow, build credit score cards and assess payor behavior. Advanced reporting and machine learning capabilities can enable B2B finance teams to make better business decisions.Screenshot of the advanced credit module used to mitigate credit risk while driving more reliable sales for B2B finance teams.Screenshot of an example configurable, and automated, collection workflow.Screenshot of the multi-channel and multi-format invoice delivery feature that enables users contact customers, in their preferred format, for a better payment experience.