YayPay vs Accountmate

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Our analysts compared YayPay vs Accountmate based on data from our 400+ point analysis of Accounting Software, user reviews and our own crowdsourced data from our free software selection platform.

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Product Basics

YayPay is a smart accounts receivable management software that uses machine learning to boost AR collection and allow businesses to focus on what matters. From the brand Quadeint’s Intelligence Automation, it organizes cash experience for the finance departments and automates back-office operations. With cloud-based dashboards, it manages and provides real-time data. It improves cash flow management by providing insights into customer’s behavior through predictive analysis. The secure online portal gives customers the freedom to access their accounts and pay anytime, anywhere they want. It automates collection tasks and collection management and saves payer’s information in one place. Users can check for average day sales outstanding, cash collection, invoices, opened reminders and the collection’s effectiveness through the dashboard in real time.
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AccountMate, owned by the AccountMate Software Corporation, helps medium and small-scale businesses by providing them with flexible and robust business accounting management. It can be locally installed or used as a SaaS.

It handles modular, financial, ERP and business management functions to help SMEs grow their traditional accounting methods.
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$500 Monthly, Quote-based
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$100/User, Monthly
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Tailored to your specific needs
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Windows
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Linux
Android
Chromebook
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Mac
Linux
Android
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Cloud
On-Premise
Mobile
Cloud
On-Premise
Mobile

Product Assistance

Documentation
In Person
Live Online
Videos
Webinars
Documentation
In Person
Live Online
Videos
Webinars
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support

Product Insights

  • Accessibility: Give users the freedom to access information in a single place with the customer's contact details and synchronize the communication record automatically. 
  • Take Quick Action: Check which customer requires a follow-up and what action needs to be taken with the accounts receivable reports displaying it automatically. 
  • Gain Insight: Get an overview of the receivable status and upcoming trends with a real-time cash prediction and accounts receivable analytics. 
  • Accelerate Cash Flow: Gain the ability to monitor metrics through a real-time dashboard. Pay directly from the emails being received and accelerate cash flow and minimize the possibility of money shortage.  
  • Improve AR Metrics: Schedule invoices and related communication to process payments quickly. Provide the AR team with a comprehensive view of the customer’s account to cantilever the exemplary service, thereby improving AR metrics like average days delinquent, days sales outstanding. 
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  • Save Time: It helps confirm or eliminate software frontrunners to save time and energy, which can be invested in the business’s core objectives.  
  • Quick Research: Reduce research turnaround. Ensures no time is wasted researching modules’ features 
  • Supports New Features: Leverage support for new software features, functions and capabilities that you might not have known before.  
  • Flexible: Its flexible and scalable accounting and business management software evolves as the business expands to fit growing needs.  
  • Adaptable: Customizable source code lets it adapt to changing requirements and evolve as the business moves forward.  
  • Multi-Currency Capability: A built-in translation engine for multilingual businesses lets them conduct business on a global scale and handle numerous foreign currencies.  
  • Simplifies Payment Processing: Businesses can issue checks and post-credit card statements immediately after the invoice is generated to save time. Authorize pre-payments and payments for multiple vendors simultaneously. 
  • Free Trial: A free trial is provided for users to test before purchasing the system in full. Users can fill out a form on their website to access their complete demo 
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  • AR Dashboard: Get the time and information to plan and act with a straightforward dashboard. Automate collection activity and get real-time DSO. Monitor payment predictions and payors trends. 
  • Advanced Reporting And Business Intelligence: Make well-informed business decisions by creating robust personalized reports. Make use of charts and graphs to comprehend what matters to the business and driving the AR health. Generate customized reports and graphs in seconds and combine them into a user-friendly dashboard. Keep an estimate of productivity, disputes and payments. Monitor payor behavior and check for any pitfalls. Make use of auto email delivery to schedule reports. 
  • Predictive Analysis: Gain insights into payer’s behavior and future trends and be ready for payment problems when they come up and plan the solution in a well-informed manner. 
  • AR Collection Management: Make sure that you have all the updated information by combining ERP, CRM and other sources. Convert customer data into actionable insights. 
  • Automated Communication: Boost productivity without investing in many resources by automating accounts receivable collection communication such as invoices, payments reminders, and internal escalations. Improve communication, and increase collection. 
  • Streamline Payment: Provide customers with increased visibility, better options and more control. Allow users to securely make their payments with a click, whether it's ACH, credit cards or bank transfers. Minimize DSO by providing payment flexibility. 
  • Communication: Monitor and follow up with customers on outstanding payments with the communication history at one place.  
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  • Modifiable Source Code: Unlike other accounting solutions that require you to change the core business processes in order to use the software, the system offers customizable mechanics with modifiable source code. It can conform to unique business process requirements as and when needed. 
  • Real-Time Information: Provides real-time business information solutions to help users understand the competition and make well-informed decisions to boost the bottom line. Its bank reconciliation module gives detailed information about the real-time cash position of the business.  
  • Data Integrity: Built-in safeguards ensure data protection using encryption technology. 
  • On-Premise or Cloud-Based: Accessible via the cloud or on remote servers. Choose between on-premise or cloud-based deployment strategies with secure data practices to fit the needs of the business. 
  • Multiple Versions: Optimized for medium and small-scale businesses and available with enterprise, express, cloud, LAN and SQL versions.  
  • AccountMate Enterprise: It provides real-time, customizable financial and business management solutions to ensure the accommodation of multiple concurrent users.  
  • AccountMate SQL: Designed for businesses that want the stability of SQL but do not have the expenditure bandwidth to afford it. It comes with modifiable source code and can be customized to fit different business processes and needs. 
  • AccountMate LAN: This fully customizable module provides businesses with data management and administrative features that evolve as the business grows.  
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Product Ranking

#289

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Accounting Software

#26

among all
Accounting Software

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User Sentiment Summary

Excellent User Sentiment 52 reviews
Great User Sentiment 27 reviews
90%
of users recommend this product

YayPay has a 'excellent' User Satisfaction Rating of 90% when considering 52 user reviews from 2 recognized software review sites.

89%
of users recommend this product

Accountmate has a 'great' User Satisfaction Rating of 89% when considering 27 user reviews from 3 recognized software review sites.

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5.0 (2)
4.5 (26)
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4.5 (26)
4.3 (22)
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5.0 (3)

Awards

YayPay stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

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Synopsis of User Ratings and Reviews

Automated Invoice Processing: YayPay can streamline invoice processing by automatically capturing invoice data, reducing manual data entry and minimizing errors.
Improved Collections Efficiency: YayPay offers automated reminders and follow-ups, helping businesses improve their collections efficiency and reduce the time it takes to get paid.
Enhanced Visibility and Reporting: YayPay provides real-time visibility into outstanding invoices, payment history, and customer behavior, enabling businesses to make informed decisions and track their financial performance.
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User-friendly interface: Accountmate's intuitive design and customizable dashboards make it easy for users of all levels to navigate and manage their accounting tasks efficiently.
Robust reporting capabilities: The software offers a wide range of customizable reports, including financial statements, cash flow statements, and balance sheets, providing users with deep insights into their financial performance.
Integration with third-party applications: Accountmate seamlessly integrates with popular business applications such as Microsoft Office, QuickBooks, and Salesforce, streamlining workflows and eliminating data entry redundancies.
Excellent customer support: Accountmate provides comprehensive technical support through phone, email, and online resources, ensuring users have prompt assistance when needed.
Scalability and flexibility: Accountmate can be tailored to meet the specific needs of businesses of all sizes, from small startups to large enterprises, offering customizable modules and features.
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Limited Reporting Functionality: Some users have expressed frustration with the platform's reporting capabilities, finding them to be somewhat limited for their accounting needs.
Occasional System Glitches: A few users have reported experiencing occasional system glitches or bugs that have impacted their workflow.
Customer Support Concerns: While some users have praised YayPay's customer support, others have reported experiencing delays or difficulties in getting their issues resolved promptly.
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Outdated Interface: Users complain about the outdated and cluttered user interface that makes navigation and data entry cumbersome.
Limited Customization: Accountmate offers limited customization options, making it difficult for users to tailor the software to their specific business needs.
Integration Issues: Users report frequent integration issues with other software, leading to data loss and workflow disruptions.
Lack of Mobile Support: Accountmate's lack of a mobile app or responsive web interface limits accessibility and convenience for users who need to access data on the go.
Poor Customer Support: Users express dissatisfaction with the quality and responsiveness of Accountmate's customer support, leading to unresolved issues and delays.
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Is YayPay a yay or nay for your accounting needs? Users rave about YayPay's intuitive interface and robust automation features, finding it a breath of fresh air compared to clunky, outdated accounting software. They praise its ability to streamline accounts receivable processes, saving them time and reducing errors. For example, users highlight the automated invoice generation and payment reminders as major wins, freeing up their teams to focus on more strategic tasks. However, some users express frustration with occasional software glitches and limited customer support responsiveness. Despite these hiccups, many users feel that YayPay's strengths outweigh its weaknesses, particularly appreciating its seamless integrations with popular CRM and ERP systems, which they say significantly enhances their workflow efficiency. Overall, YayPay seems best suited for businesses seeking a modern, automated solution to manage their accounts receivable. Its user-friendly design and powerful features make it a valuable asset for teams looking to ditch manual processes and boost productivity. However, businesses requiring extensive customer support might want to consider these limitations before committing.

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Accountmate's customizable dashboards, user-friendly interface, and extensive reporting capabilities have earned praise from users. Its inventory management features, such as real-time stock tracking and multi-location support, are particularly well-regarded. However, some users have reported occasional performance issues and a lack of certain advanced features found in competing products. Compared to QuickBooks, Accountmate offers a more robust feature set and greater flexibility, making it better suited for larger businesses with complex accounting needs. Its multi-company and multi-currency capabilities give it an edge over Sage 50cloud, which is more suitable for small businesses. Accountmate's strong reporting and customization options set it apart from NetSuite, which excels in cloud-based scalability and integration. Accountmate is an ideal choice for businesses seeking a comprehensive accounting solution with customizable dashboards, advanced inventory management, and extensive reporting capabilities. Its user-friendly interface and flexible configuration options make it accessible to both small and large businesses.

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