TrustRadius: an HG Insights company

Numberz

Score7 out of 10

2 Reviews and Ratings

What is Numberz?

Receivables (unpaid invoices) are the 'cheapest' source of capital for any business. However all businesses, including corporates, struggle to manage it well. While ‘Customer Intent’ is usually touted as the core problem, the true reason : traditional, in-efficient & disjointed collections process These workflows don't get addressed by ERPs and CRMs. It's further aggravated by lack of utilisation of other financial services for AR (eg bureau data, risk scores etc). Result: high cost of collections, slower/no growth. This situation is made worse by macro events like downturns or a pandemic.numberz is an insights based, enterprise B2B Receivables (Invoice-2-Cash) cloud solution that integrates with ERPs/Accounting solutions and Financial Services, making ‘getting paid’ easier, faster, predictable.The platform lends itself to create a B2B network of sellers and buyers. With a combination of the transaction data and innovative financial services, it also helps the smaller buyers get cheaper financing to buy more and better manage cashflow.

Benefits :

Making the A/R process intelligent and predictable

1. Provide Actionable insights and tracking of A/R across the hierarchy through Realtime Visibility & Analytics

2. Reduce DSO & Bad Debts by 15-20% by Pro-active Collection workflow Automation

3. Increase Team Efficiency by 40-50% by enabling seamless team collaboration

4. Make cashflow more predictable for the Treasury teams

Best Software for Billing and Generating Invoices

Pros

  • Generating Invoice
  • Credit Controlling
  • Sending timely reminder emails to customers

Cons

  • Sometime updates take time
  • Restricted Platform

Return on Investment

  • Cost effective
  • Time Saving
  • Easy to use and implement

Alternatives Considered

TallyPrime, Zoho Invoice, Anybill and NetSuite SuiteBilling

Other Software Used

Anybill, TallyPrime, Bill.com, Invoiced, YayPay