THE ULTIMATE DEBTOR MANAGEMENT COMPARISON
The Xero Debtor management segment has 21 add-ons battling for supremacy.
It is important to note however, there are add-ons in this segment that are full-blown solutions that can literally replace a human worker, and these are going to be the focus of this comparison.
Also worth noting is that within the segment, there are also what I like to term “support” add-ons, these add-ons are focused on key functions like fees and discounts. As such I haven’t included them in this comparison.
The add-ons chosen here are the most widely used, bug free, complete solutions and are the most well used add-ons in a very busy segment.
How powerful are these add-ons?
As mentioned prior to this, some of these add-ons have the potential to replace a staff member in most organisations. Alternately, if you are a one man band certainly free up a lot of time.
In any one of the following scenarios, I wouldn’t hesitate to recommend any of these add-ons:
- You already have a person just dedicated to A/R and are on the lookout for an assistant
- You are an accounts person needing an extra hand for A/R
- A business owner needing someone to chase your customers and you have 100 other things to do
In my review of Invoice Sherpa, I suggested that if your business is going through any of the above scenarios, just get an add-on, it always works, never sleeps, no workers compensation, no large wage bill, always on time, and does exactly what you set it to do, and it costs so much less! What’s not to like?
Not convinced? Well keep reading and perhaps by the end of the article, you will be more convinced.
Point of the comparison
Every one of the Addons reviewed have a very high user rating in the Xero marketplace, they also share a lot of the main functionality expected in the segment. However, they do have some very distinct differences.
So my main focus in the comparison will not be to draw out which add-on is best, but rather it will be focused on key features that are different, and ultimately as the end user you have to ask yourself what you need and what fits your situation best.
Sort of in the similar mindset as hiring a new employee, the skill set is usually the same amongst most applicants, the key is do they fit into your organisation and how you do things.
All of these solutions are easy to setup and obviously, integrate with Xero, have intuitive interfaces that are quite easy and straightforward to use, have a core reminder function (Xero just released a reminder function natively in Xero, albeit nowhere near as advanced as these dedicated solutions). We have taken the time to tabulate all the main features in the four (4) tables below.
[table id=3 /][table id=5 /][table id=4 /][table id=6 /]
To be continued, with a more in depth discussion on the standout features in Satago, Invoice Sherpa, Chaser, EzyCollect & Debtor Daddy.