InvoiceSherpa vs Kolleno

InvoiceSherpa is a web-based accounts receivable platform that combines invoice follow-up with payment collection. It sends customizable email and SMS reminders when invoices are created, nearing their due date, overdue, or paid. Customers can use a portal to review and pay invoices, ask questions, arrange payment plans, or enroll in automatic payments; payment from reminders is available by credit card or ACH. Businesses can set automatic payments, recurring charges, late fees, and payment plans. InvoiceSherpa connects with QuickBooks Online, Xero, and Clio, and lists payment integrations including Stripe, PayPal, Authorize.net, Forte, LawPay, PayTrace, ProPay, Propelr, and QuickBooks Payments. Payments are posted and reconciled to connected accounting software. Plans start at $49 a month for up to 100 open invoices; Small Business costs $99 a month for 101–500, and Enterprise costs $199 a month for unlimited open invoices. A 14-day trial does not require a credit card. All plans include North American-based support by email and chat. A 1% transaction fee applies to paid invoices, with a stated waiver for Propelr payments when opening a new account through the integrations page.

Kolleno is an order-to-cash platform for organizations managing accounts receivable. It brings collections, payments, cash application, disputes, credit risk management, and cash flow forecasting into a cloud-based workspace. The platform gathers invoice data, customer communications, and payment history, then automates reminders, follow-ups, and escalations. Customizable AI agents can handle those tasks, match payments, and post them; teams can review, change, or override the agents’ actions. Kolleno also analyzes customer payment behavior and displays predicted payment dates. It offers over 1,000 integrations across ERP, CRM, banks, and mailboxes, plus an open API. Named integrations include Xero, QuickBooks, Sage Intacct, Clio, NetSuite, Microsoft Dynamics Business Central, SAP, Oracle, and Fusion. Access is through a computer and internet connection, without installing apps. There is no free plan, but a free trial is available. Business Pay costs $650 a month per user, and Business Plus costs $1,245 a month per user; Enterprise plans have no listed price.