Lockstep vs. Payference Comparison


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Lockstep	Payference
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Lockstep: About Award-winning Lockstep connects the world’s finance teams so they can work better together. Founded in 2019, Lockstep eliminates cash traps and leaks created from manual synchronization of books between B2B trading partners. Based in Seattle, Lockstep’s connected accounting cloud empowers trusted, compliant accounting relationships between businesses of all sizes. High-performance companies large and small run their collections with Lockstep. Why automate your AR collection processes? Outlook and Excel aren’t designed to improve AR collections productivity. Outlook and Excel means manual communications and data entry. That means you don’t have the necessary automation, customer self-service, or visibility to improve your AR operations. What an AR automaton solution should include: Automated Communications Customer Self-Service Activity Management Cash Application Forecasting & Reporting	Payference: About Improve cash flow with speedier collections and better forecasting in one easy-to-use solution. View your ERP/accounting and banking data in one simple dashboard for real-time actionable insights. Save time by automating tedious data assembly tasks and free your finance team to focus on higher-value items. Payference IQ Technology™ optimizes working capital to unlock hidden cash and help you control DSO and DPO. Trust an intuitive solution that gives you all the tools and support you need for uncomplicated cash control. Automate cash collections for improved efficiency. Speed up collections to increase cash flow. Identify high-risk accounts to minimize their impact. Leverage machine learning to predict payments. Connect your ERP/accounting system, banks, and payment channels. Automatically reconcile payments with bank transactions. View all cash positions in real time from one source. Override and adjust items in cash forecasts.
Lockstep: Platforms Supported Windows Not Supported Mac Not Supported Linux Not Supported Cloud Supported On-Premises Not Supported iPhone Not Supported iPad Not Supported Android Not Supported Chromebook Not Supported	Payference: Platforms Supported Windows Not Supported Mac Not Supported Linux Not Supported Cloud Supported On-Premises Not Supported iPhone Not Supported iPad Not Supported Android Not Supported Chromebook Not Supported
Lockstep: Audience Built for mid-market to enterprise businesses, Lockstep is a cloud-based AR automation solution that improves cash flow by 30% or more and insight into cash position, resulting in a 20X ROI.	Payference: Audience Companies looking for a solution to improve their cash flow and manage their accounting and banking data
Lockstep: Support Phone Support Supported 24/7 Live Support Not Supported Online Supported	Payference: Support Phone Support Not Supported 24/7 Live Support Supported Online Supported
Lockstep: API Offers API Supported	Payference: API Offers API Not Supported
Lockstep: Screenshots and Videos View more images or videos	Payference: Screenshots and Videos View more images or videos
Lockstep: Pricing For pricing details, connect with a Lockstep Product Specialist or visit our website! Free Version Not Supported Free Trial Not Supported	Payference: Pricing No information available. Free Version Not Supported Free Trial Not Supported
Lockstep: Reviews/Ratings Overall 0.0 / 5 ease 0.0 / 5 features 0.0 / 5 design 0.0 / 5 support 0.0 / 5 This software hasn't been reviewed yet. Be the first to provide a review: Review this Software	Payference: Reviews/Ratings Overall 0.0 / 5 ease 0.0 / 5 features 0.0 / 5 design 0.0 / 5 support 0.0 / 5 This software hasn't been reviewed yet. Be the first to provide a review: Review this Software

Lockstep: Training Documentation Supported Webinars Supported Live Online Supported In Person Supported	Payference: Training Documentation Supported Webinars Not Supported Live Online Supported In Person Not Supported
Lockstep: Company Information Lockstep Founded: 2019 United States lockstep.io	Payference: Company Information Payference United States www.payference.com
Lockstep: Alternatives Gaviti	Payference: Alternatives Agicap
Lockstep: BlueSnap 5.0 out of 5 stars	Payference: Centime
Lockstep: GEN-OPS1 GENEO Software	Payference: FINSYNC
Lockstep: LockStep FFD	Payference: Sage Intacct 4.3 out of 5 stars
Lockstep: Quadient AR by YayPay Quadient View All	Payference: Quadient AR by YayPay Quadient View All
Lockstep: Categories Accounting Supported Accounts Receivable Supported AR Automation Supported Billing and Invoicing Supported Debt Collection Supported Finance Supported	Payference: Categories Accounting Supported Accounts Payable Supported Accounts Receivable Supported Billing and Invoicing Supported Debt Collection Supported Financial Management Supported Financial Reporting Supported Treasury Supported
Lockstep: Accounting Features Accounts Payable Not Supported Accounts Receivable Supported Bank Reconciliation Not Supported Billing & Invoicing Supported Cash Management Not Supported CPA Firms Not Supported Cryptocurrency Support Not Supported Expense Tracking Not Supported Fixed Asset Management Not Supported Fund Accounting Not Supported General Ledger Not Supported Government Not Supported Multi-Currency Supported Nonprofits Not Supported Payroll Management Not Supported Project Accounting Not Supported Purchase Orders Supported Tax Management Not Supported Accounts Receivable Features ACH Payment Processing Supported Billing & Invoicing Supported Check Processing Not Supported Collections Management Supported Online Payment Processing Supported Overpayment Processing Not Supported Partial Payments Supported Receivables Ledger Supported Recurring Billing Supported Billing and Invoicing Features Billing Portal Supported Contact Database Supported Contingency Billing Supported Customer Portal Supported Customizable Invoices Supported Dunning Management Supported Hourly Billing Not Supported Invoice History Supported Mobile Payments Not Supported Multi-Currency Supported Online Invoicing Not Supported Online Payments Supported Payment Processing Supported Project Billing Supported Recurring/Subscription Billing Not Supported Service Ticket Billing Supported Tax Calculator Supported Debt Collection Features Agency Management Not Supported Auto Dialer Not Supported Automated Notices Supported Callback Scheduling Supported Client Management Supported Commission Management Not Supported Compliance Management Supported Contact Management Supported Credit Bureau Reporting Supported In-House Collections Supported Payment Plans Supported Transaction Management Supported	Payference: Accounting Features Accounts Payable Not Supported Accounts Receivable Not Supported Bank Reconciliation Not Supported Billing & Invoicing Supported Cash Management Not Supported CPA Firms Not Supported Cryptocurrency Support Not Supported Expense Tracking Not Supported Fixed Asset Management Not Supported Fund Accounting Not Supported General Ledger Not Supported Government Not Supported Multi-Currency Supported Nonprofits Not Supported Payroll Management Not Supported Project Accounting Not Supported Purchase Orders Not Supported Tax Management Not Supported Accounts Receivable Features ACH Payment Processing Supported Billing & Invoicing Supported Check Processing Not Supported Collections Management Not Supported Online Payment Processing Not Supported Overpayment Processing Supported Partial Payments Supported Receivables Ledger Supported Recurring Billing Not Supported Billing and Invoicing Features Billing Portal Supported Contact Database Not Supported Contingency Billing Not Supported Customer Portal Not Supported Customizable Invoices Not Supported Dunning Management Not Supported Hourly Billing Not Supported Invoice History Not Supported Mobile Payments Not Supported Multi-Currency Supported Online Invoicing Not Supported Online Payments Supported Payment Processing Not Supported Project Billing Not Supported Recurring/Subscription Billing Not Supported Service Ticket Billing Supported Tax Calculator Not Supported
Lockstep: Integrations Acumatica Cloud ERP Supported Microsoft Dynamics 365 Supported NetSuite Supported Sage 100 Supported Sage 300 Supported Sage Intacct Supported Epicor CRM Not Supported Infor CloudSuite Business Supported JD Edwards EnterpriseOne Not Supported Latitude ERP Supported Microsoft Dynamics 365 Business Central Supported Microsoft Dynamics GP Supported QuickBooks Online Supported QuickBooks Online Advanced Supported Sage 100 Contractor Supported Sage 200 Supported Sage 300 Construction and Real Estate (CRE) Supported Sage 500 Supported Sage X3 Supported Yardi Advanced Budgeting & Forecasting Not Supported Show More Integrations View All 21 Integrations	Payference: Integrations Acumatica Cloud ERP Supported Microsoft Dynamics 365 Supported NetSuite Supported Sage 100 Supported Sage 300 Supported Sage Intacct Supported Epicor CRM Supported Infor CloudSuite Business Not Supported JD Edwards EnterpriseOne Supported Latitude ERP Not Supported Microsoft Dynamics 365 Business Central Not Supported Microsoft Dynamics GP Not Supported QuickBooks Online Not Supported QuickBooks Online Advanced Not Supported Sage 100 Contractor Not Supported Sage 200 Not Supported Sage 300 Construction and Real Estate (CRE) Not Supported Sage 500 Not Supported Sage X3 Not Supported Yardi Advanced Budgeting & Forecasting Supported Show More Integrations View All 10 Integrations
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