Loxon Collection vs. Zuora

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Loxon Collection
Score 0.0 out of 10
N/A
Loxon’s next-generation Collection System is a business solution designed to support financial institutions with personalised collection strategies and strengthened customer relationships. It focuses on omnichannel communications and self-service payment methods so banks can build closer relationships with customers, ultimately leading to better solvency and financial returns. With AI-powered capabilities, it provides real-time insights into customer payment…N/A
Zuora
Score 7.9 out of 10
N/A
Zuora is one of the best-known subscription billing platforms. Zuora is an enterprise-level product and, as such, provides comprehensive metrics, tax automation, and support for multiple currencies. It also offers Salesforce and NetSuite integration out-of the-box. It often replaces cumbersome ERP (enterprise resource planning) systems that does not focus exclusively on billing.N/A
Pricing
Loxon CollectionZuora
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Loxon CollectionZuora
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
Loxon CollectionZuora
Best Alternatives
Loxon CollectionZuora
Small Businesses

No answers on this topic

WooCommerce Subscriptions
WooCommerce Subscriptions
Score 8.7 out of 10
Medium-sized Companies
Zuora
Zuora
Score 7.9 out of 10
Sage Intacct
Sage Intacct
Score 8.6 out of 10
Enterprises
Zuora
Zuora
Score 7.9 out of 10
Salesforce Revenue Cloud
Salesforce Revenue Cloud
Score 8.8 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Loxon CollectionZuora
Likelihood to Recommend
-
(0 ratings)
8.0
(135 ratings)
Likelihood to Renew
-
(0 ratings)
1.0
(14 ratings)
Usability
-
(0 ratings)
7.0
(18 ratings)
Availability
-
(0 ratings)
9.3
(2 ratings)
Performance
-
(0 ratings)
9.7
(3 ratings)
Support Rating
-
(0 ratings)
1.0
(13 ratings)
In-Person Training
-
(0 ratings)
9.3
(2 ratings)
Online Training
-
(0 ratings)
7.0
(2 ratings)
Implementation Rating
-
(0 ratings)
7.4
(9 ratings)
Configurability
-
(0 ratings)
6.6
(3 ratings)
Ease of integration
-
(0 ratings)
6.0
(3 ratings)
Product Scalability
-
(0 ratings)
10.0
(2 ratings)
Vendor post-sale
-
(0 ratings)
10.0
(2 ratings)
Vendor pre-sale
-
(0 ratings)
10.0
(2 ratings)
User Testimonials
Loxon CollectionZuora
Likelihood to Recommend
Loxon Solutions
No answers on this topic
Zuora
Zuora is great for smaller subscription businesses that have a limited number of simple or basic products. As more products are added to the catalog, the ability to report on specific product performance has become more challenging. Similarly, as our number of customers has grown significantly over the past few years, the extraction of data through export files is more of a challenge to capture all data points.
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Pros
Loxon Solutions
No answers on this topic
Zuora
  • The implementation of Zuora is very helpful. Their interactive training guides are one of the best I've used. It is very thorough and any salesperson can learn how to use it very quickly.
  • Their subscription management offers many ways to sell a subscription. These subscriptions can be evergreen (renewing every month) or termed subscriptions. The subscriptions can be amended to add/remove products very easily.
  • The ability to quickly pass through large amounts of usage data for our clients is allowing us to perform billing in a time-effective manner. Once usage data is loaded, a few clicks and all of the invoices for our client base can be generated. Invoices are clean and detailed which help us maintain a good customer experience even with our somewhat complex billing model. The reporting is extremely helpful in calculating the end of month commissions, recognizing and deferring revenue, and overall bookkeeping.
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Cons
Loxon Solutions
No answers on this topic
Zuora
  • User Interface - Zuora's UI is still a weak point, however, this is negated through the use of its API's. Zuora has done a lot of work in releasing new products to limit its UI experience and the addition of Orders allows for more functionality to reduce the UI issue.
  • Complex system - This is both a pro and a con, but in this instance, it is a con because we may not have taken the time to truly understand the implications of all the options that were available. the Flexibility is great however if you do not take the time to understand the product and what problem you are trying to solve, you can make life difficult for yourself later down the track. Take the time to map out your approach end to end and ensure your assumptions at the start are robust.
  • Reporting - reporting is weak as such we have moved away to our own reporting data warehouse.
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Likelihood to Renew
Loxon Solutions
No answers on this topic
Zuora
Our business is now, more than ever, focused on our core business rather than homegrown support tools for quoting, contracts, billing, invoicing, payments and the rest of the subscription economy. We evaluated other solutions and found this the best and most viable solution given the strong ties to Salesforce and it's integration. Zuora works, and it works well.
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Usability
Loxon Solutions
No answers on this topic
Zuora
I had 20+ years of accounting experience before taking on the revenue role. I had several things to [learn] but was able to easily master the software in a matter of weeks. Zuora is our preferred billing platform that we currently use - very efficient and much more automated than our other platform/process.
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Reliability and Availability
Loxon Solutions
No answers on this topic
Zuora
There have only been a few days/instances in the past 2.5 years of using zuora that I, personally have had issues or been notified of issues relating to Zuora.
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Performance
Loxon Solutions
No answers on this topic
Zuora
Zuora does a superb job for all the tasks I use it for. Billing - it is trustworthy and accurate. Customer data- it holds it and keeps past records for even cancelled accounts, and subscription builds - it has the ability to make very difficult subscriptions seem easy.
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Support Rating
Loxon Solutions
No answers on this topic
Zuora
A support request is emailed to their support team, then an automated response is sent to you in a couple hours saying "Hey, someone will take a look at your support request soon". Then somewhere around 12-18 hours later, an actual support member responds with "Have you checked out our tutorials? Here's one that sounds like it might help you". I don't want a tutorial given to me that I've already read through that only exists because of the terrible user design of Zuora's user interface
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In-Person Training
Loxon Solutions
No answers on this topic
Zuora
The onsite was so helpful and worth the hours spent. All three people that came to represent Zuora had a lot to offer.
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Online Training
Loxon Solutions
No answers on this topic
Zuora
It was reliable.
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Implementation Rating
Loxon Solutions
No answers on this topic
Zuora
I think Zuora did a great job. However, they could have provided more guidance on how to deal with out Payment Gateway and Processor provider, as well as guidance around providing a Mobile Responsive experience for sites using the Zuora HPM.
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Alternatives Considered
Loxon Solutions
No answers on this topic
Zuora
Zuora provides way more functionality than Recurly or SaaSOptics as a billing engine. However, it is not a general ledger system like NetSuite ERP, it is still designed to be primarily a billing function that feeds into a general ledger via automated general entries. It has simplified our invoice management and automated billing while connecting with Salesforce for high-powered reporting and cross-departmental collaboration. The automation of revenue recognition has the potential to significantly reduce the time spent on accounting close by a few days.
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Scalability
Loxon Solutions
No answers on this topic
Zuora
The product is capable of a lot, small companies and large companies can utilize it with ease
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Return on Investment
Loxon Solutions
No answers on this topic
Zuora
  • Poor support has slowed down our implementation of features and resolution of issues
  • Lack of flexibility has led to some complex and unwieldy workaround solutions
  • No useful built in AR reporting so we had to come up with our own solution
  • Challenges with finance due to unreliability of Salesforce sync
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ScreenShots

Loxon Collection Screenshots

Screenshot of theself-service app that offers real-time updates within the collection system. This gives collection managers up-to-date information, enabling more efficient communication and interactions with debtors.Screenshot of The Self-Service App
The solution provides debtors with control over their finances. The self-service app grants customers the flexibility to manage their finances from anywhere.Screenshot of Advanced task management
The Loxon Collection web application supports task management, combining automation and digital enhancements in customised workspaces for maximised productivity and user experience.Screenshot of the interface where clients have immediate access to up-to-date account balances and transaction histories with the ability to set up PTP arrangements or make one-time full payments according to their preferences. This flexibility enhances the CX and collection performance.Screenshot of The Agent View
The chat solution offers immediate assistance with a few clicks. Clients can connect with expert agents in a few seconds, who can provide personalised solutions to their payment issues. This immediate support can enhances CX and recovery rates.