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Esker

Score7.5 out of 10

29 Reviews and Ratings

What is Esker?

Esker is a global cloud platform built to unlock strategic value for finance and customer service professionals and strengthen collaboration between companies by automating the cash conversion cycle. Esker’s mission is to build a foundation that promotes positive-sum growth, increased productivity, improved employee engagement, and greater trust between organizations.

Esker is a great solution for collection management

Pros

  • Collection logs.
  • Auto-send payment reminders.
  • Mass messaging

Cons

  • The site could be a little more user-friendly. I think it's daunting for first-time and even multiple-time users.
  • Maybe the page needs to be setup up clearer, or use different colors to not look busy.

Most Important Features

  • Collection Management
  • Collection call to-do lists and logs
  • Auto-payment reminders

Return on Investment

  • Provided a portal for customers to pay online or have auto-pay each month.

Other Software Used

Billtrust, Avalara, Sangoma Switchvox, formerly from Digium

Esker On Demand is In Demand

Pros

  • Optical Character Recognition
  • Customizable to Company Usage
  • Easy Management of Users

Cons

  • Would have been harder and more expensive to implement had we not had experienced ABAPers and users of the old version on our end.
  • It can’t use web services to place multiple orders with one call. It's not a need of ours but might be a drawback for some.
  • There is no out of the box way to automate user management with an external system.

Return on Investment

  • We now have reporting available down to the individual field level (changes, errors, etc) and can calculate cost to serve.
  • It replaced on-premise hardware with cloud SaaS that is more cost effective and risk adverse.
  • It is more intuitive; we can put new hires on order entry and experience less user errors. As a solution owner who fixes problems and answers questions, I don't find myself having to "think" about Esker and it has become a smaller part of my job now that end-users are more self-sufficient.

Alternatives Considered

Kofax ReadSoft

Other Software Used

Google Drive, Microsoft Access

Esker Review

Pros

  • Online Payments
  • Provides copies of Invoices
  • Sends out Reminder Letters

Cons

  • The layout is a bit clunky. I like to see everything on one screen.

Most Important Features

  • Past Due Reminders
  • Auto Pay

Return on Investment

  • Positive Impact On The Time It Takes To Collect.
  • Monthly Over All Cost For The System

Other Software Used

Salesforce Commerce Cloud

Esker, a great business partner that brings real results.

Pros

  • AI and Machine Learning
  • The UI is very intuitive and easy to use.
  • Customer experience and professional services teams are the best I have worked with.

Cons

  • I would like to see more analytics.
  • It needs more open allowance for APIs for Salesforce and other key cloud systems.
  • It needs address checking with a third parties like USPS, etc.

Return on Investment

  • We reduced our manual order entry by 50%.
  • We eliminated all of the paper A/P invoice approval process.

Other Software Used

SAP ERP, TrueCommerce Datalliance, MiCloud Connect (formerly ShoreTel)

Have just used Esker for Accounts Payable.

Pros

  • Our users have a couple different ways to submit invoices into Esker for processing. This is helpful in case one of the other ways is unavailable for use.
  • Notes and comments can be made in multiple locations of the invoices to help keep all the information together.

Cons

  • We still encounter challenges with invoice submission and missing invoices that were sent into Esker but never show up.

Return on Investment

  • Esker has had a positive impact on our time management skills.