Lockstep vs. ezyCollect Comparison


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Key features include account bundling, account-level documents attachments, heavy process automation, client access, trust accounting, credit reporting, consumer self-service tools, and numerous tech integrations. 147 Ratings Visit Website Monk Monk is an AI-native accounts receivable platform that automates invoice to cash for B2B finance teams: invoicing, AP portal submission, collections and cash application, on top of your existing ERP. Across the $2B+ in receivables Monk manages, 92% of enterprise invoices have to be submitted through a corporate AP portal rather than paid from an emailed invoice. Monk submits into more than 600 of them, including Coupa, Ariba and SAP Business Network, and uploads 87% autonomously. Julia, the Monk agent for Intelligent Collections, reads customer replies and responds to what was written rather than advancing a fixed dunning sequence. 90% of invoices resolve without escalation. 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Importantly, configurations and customizations remain available through updates, upgrades, and moving to larger editions. Features and tools include robust import-export functions, large set of stock reports and letter templates, report generator tool, account segmentation tool, flexible trust accounting, account level forms and document attachments, consumer portal, client portal, integrated payment processing, reporting dashboard, HIPAA and SOC 2. 77 Ratings Visit Website Sage Intacct Sage Intacct is a premier cloud-based financial management software designed for growing businesses. It offers comprehensive features including core financials, accounts payable and receivable, cash management, and multi-entity consolidations. Sage Intacct's advanced modules cater to complex financial needs, ensuring scalability as your business grows. The software integrates seamlessly with other business applications, providing real-time financial and operational insights. 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Xero offers a robust ecosystem of connected apps and integrations with banks and financial institutions, enabling small businesses to access a wide range of solutions within Xero's open platform to streamline operations and manage finances. Additionally, accounting and bookkeeping firms benefit from efficient compliance tools, advanced practice management software, and a cloud-based unified accounting ledger for all clients, centralized in one place. 6,132 Ratings Visit Website Gravity Software Multi-Entity Cloud Accounting Software for Growing Businesses Gravity Software is a cloud-based accounting solution designed for companies that have outgrown QuickBooks but don’t need the cost or complexity of Sage Intacct or larger ERP systems. 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Pay vendors online through bank transfers or credit/debit cards, even if they typically accept checks—Melio manages the manual work for you. Effortlessly integrate with QuickBooks and Xero to ensure your financial records stay current. With Melio, pay by bank transfer or card to extend cash flow and earn rewards. Adding vendor or bill details is a breeze—input them manually, upload files, or take a photo of invoices. Schedule payments to align with your cash flow, and let Melio handle the rest. International vendor payments are made easy by paying in their local currency for products and services your business needs. The Melio mobile app, available for iOS and Android, lets you monitor and manage payments anytime, giving you full control over your finances on the go. 2,212 Ratings Visit Website TraceEngine The dedicated software for skip tracing from the world’s authority in case management systems. 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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	About If you're looking to improve your accounts receivables and cashflow, turn to to ezyCollect, a secure, cloud-based accounts receivable and debtor management solution. Trusted by more than 1,000 companies worldwide, ezyCollect automates the tedious tasks in accounts receivables so that organizations can spend their precious resources on their core business. It comes with a host of features to help businesses get paid faster and easier, including pre-reminder communications, overdue reminders, online payment processing, and escalation to debt collection. The platform also integrates with leading accounting software, Xero and myob.
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	Platforms Supported Windows Not Supported Mac Not Supported Linux Not Supported Cloud Supported On-Premises Not Supported iPhone Supported iPad Supported Android Supported Chromebook Not Supported
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.	Audience Small and Medium Sized Enterprises (SMEs)
Support Phone Support Supported 24/7 Live Support Not Supported Online Supported	Support Phone Support Supported 24/7 Live Support Not Supported Online Supported
API Offers API Supported	API Offers API Not Supported
Screenshots and Videos View more images or videos	Screenshots and Videos View more images or videos
Pricing For pricing details, connect with a Lockstep Product Specialist or visit our website! Free Version Not Supported Free Trial Not Supported	Pricing $25.00/month Myob starts at Platinum - $25 per month Gold - $45 per month Platinum - $69 per month Enterprise - $135 per month Xero Silver - $40 per month Gold - $55 per month Platinum - $79 per month Enterprise - $135 per month Free Version Supported Free Trial Supported
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	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

Training Documentation Supported Webinars Supported Live Online Supported In Person Supported	Training Documentation Supported Webinars Supported Live Online Supported In Person Supported
Company Information Lockstep Founded: 2019 United States lockstep.io	Company Information ezyCollect Founded: 2012 Australia www.ezycollect.com.au
Alternatives Gaviti	Alternatives Lockstep
BlueSnap	CreditorWatch Collect
GEN-OPS1 GENEO Software	Biller Genie
LockStep FFD	Quadient AR by YayPay Quadient
Tesorio View All	Peakflo View All
Categories Accounting Supported Accounts Receivable Supported AR Automation Supported Billing and Invoicing Supported Debt Collection Supported Finance Supported	Categories Accounting Supported Accounts Receivable Supported AR Automation Supported Billing and Invoicing Supported Debt Collection Supported Loan Servicing Supported Payment Processing Supported
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	Accounting Features Accounts Payable Not Supported Accounts Receivable Supported Bank Reconciliation Not Supported Billing & Invoicing Not 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 Not Supported Nonprofits Supported Payroll Management Not Supported Project Accounting Not Supported Purchase Orders Supported Tax Management Not Supported Accounts Receivable Features ACH Payment Processing Not Supported Billing & Invoicing Supported Check Processing Not Supported Collections Management Supported Online Payment Processing Supported Overpayment Processing Supported Partial Payments Supported Receivables Ledger Supported Recurring Billing Supported Billing and Invoicing Features Billing Portal Supported Contact Database Supported Contingency Billing Not Supported Customer Portal Not Supported Customizable Invoices Supported Dunning Management Supported Hourly Billing Not Supported Invoice History Supported Mobile Payments Supported Multi-Currency Not Supported Online Invoicing Supported Online Payments Supported Payment Processing Supported Project Billing Not Supported Recurring/Subscription Billing Supported Service Ticket Billing Not Supported Tax Calculator Supported Debt Collection Features Agency Management Supported Auto Dialer Not Supported Automated Notices Supported Callback Scheduling Supported Client Management Supported Commission Management Supported Compliance Management Supported Contact Management Not Supported Credit Bureau Reporting Supported In-House Collections Supported Payment Plans Supported Transaction Management Supported Show More Features Loan Servicing Features Accounting Management Supported Amortization Schedule Not Supported Application Management Not Supported Auto Loans Supported Automatic Funds Distribution Not Supported Business Loans Supported Collateral Tracking Not Supported Collections Management Supported Compliance Management Not Supported Construction Loans Supported Customer Database Not Supported Fee Management Not Supported Investor Management Not Supported Loan Processing Not Supported Student Loans Supported Payment Processing Features ACH Check Transactions Not Supported Bitcoin Compatible Supported Debit Card Support Supported Gift Card Management Not Supported Mobile Payments Supported Online Payments Supported POS Transactions Not Supported Receipt Printing Supported Recurring Billing Supported Signature Capture Not Supported
Integrations Acumatica Cloud ERP Supported Epicor Eclipse Supported Epicor Financials Supported Epicor Propello Supported Ezidebit Not Supported Latitude ERP Supported MYOB Not Supported MYOB Acumatica Not Supported Microsoft Dynamics 365 Supported NetSuite Supported QuickBooks Online Supported QuickBooks Online Advanced Supported SAP CRM Supported Sage 100 Supported Sage 100 Contractor Supported Sage 300 Construction and Real Estate (CRE) Supported Sage 500 Supported Sage Intacct Supported Sage X3 Supported Xero Not Supported Show More Integrations View All 21 Integrations	Integrations Acumatica Cloud ERP Not Supported Epicor Eclipse Not Supported Epicor Financials Not Supported Epicor Propello Not Supported Ezidebit Supported Latitude ERP Not Supported MYOB Supported MYOB Acumatica Supported Microsoft Dynamics 365 Not Supported NetSuite Not Supported QuickBooks Online Not Supported QuickBooks Online Advanced Not Supported SAP CRM Not Supported Sage 100 Not Supported Sage 100 Contractor Not Supported Sage 300 Construction and Real Estate (CRE) Not Supported Sage 500 Not Supported Sage Intacct Not Supported Sage X3 Not Supported Xero Supported Show More Integrations View All 4 Integrations
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