TermSync vs. Yooz

If you are one person or managing 10, TermSync allows you to track what you and your team is working on. When to follow up with customers so that no one is missed. It allows you to see if each teammate is pulling their weight and getting done what needs to be done or if more help is needed. The Executive Metrics reports give you all the information for month end reporting and also shows you the weaknesses so you can motivate your team to excel in those areas.

Incentivized

Any company manually coding and entering more than 1000 invoices a month needs Yooz. Any company wanting full visibility and accountability through the life of an invoice needs Yooz. Any company who needs to control who can see and or code transactions needs Yooz.

• The dashboard makes it easy to organize my daily work and to track customer contacts.
• TermSync makes it easy for our customers to communicate with us at a time the best works with their schedule.
• I love the credit reference reports. This saves us all the time of printing, completing and faxing credit reference reports.

Incentivized

• Yooz allowed for the uploading of purchase orders and the matching of purchase orders to invoices for smooth processing of invoices.
• Yooz performed three way matching in a stream lined manner.
• Yooz was a user friendly software that integrated well with Oracle NetSuite.

Incentivized

• Reporting. It is hard for TermSync to create a report for every business type out there so you may need to have some things customized, but they are always willing to assist.
• The requirements needed to accept payments online requires some information that larger companies may not want to give out.

Incentivized

• Unfortunately Yooz is a newer software company, and Yooz was not equipped to process large batches of invoices that needed to be paid.
• Yooz, in some instances, did not properly load invoices or credit memo information accurately into NetSuite. The detail in Yooz did not match in the general ledger in NetSuite, and the records did not match. Yooz's IT support also a difficult time correcting our issues.
• Yooz is a new company and there is still a lot of software upgrades and better development that needs to take place before it can be considered a reliable software.

Incentivized

I love Yooz and everything it has brought to our organization!

When researching for this type of product, I did reach out to other vendors. I worked closely with Billtrust in the past and they were lacking in this area when I was ready to make my move. It is my understanding that they have something very robust in the works but I can't say where that will fall on the cost spectrum. By comparison, other companies, like Get Paid had priced themselves right out of our market. TermSync gave us the tools we needed at a price we could afford in the least amount of time and very little assistance from our IT Group, which was a big relief.

Incentivized

Yooz comes close to Coupa, but Coupa is much more robust and can handle much larger batches of information. Yooz performed well against Bank of America's Checkbook product, because it was more efficient. The other NetSuite products did not match up for our needs, so Yooz was a better solution at the time.

Incentivized

• Our over 60 day list has been reduced by more than 100 accounts.
• Our DSO is consistently trending lower.
• All of the customer notes are stored in one place saving time for everyone.

Incentivized

• Helps the invoicing process be much more organized & easier to follow
• Able to get through invoices much quicker
• Ease of contacting the person who it needs to go to or posting a question. This way everyone involved can see things in one area.