What is TroveWorks?
TroveWorks provides a robust platform for automating accounts receivable processes, helping businesses and individuals collect invoices up to 45% faster and reduce their Days Sales Outstanding (DSO). The software simplifies invoice management by configuring email reminders, automating the most repetitive collection tasks, and offering advanced reporting and workflow automation features. Users benefit from customizable email templates and easy integration with popular accounting solutions like QuickBooks, streamlining collections and improving cash flow predictability.
With options ranging from a free Essentials plan for individuals and sole proprietors to advanced Pro and Team editions for larger teams, TroveWorks accommodates a range of business needs. The platform enables users to automate collections, track activity, manage customer account queues, and coordinate collection agents efficiently, ultimately boosting operational efficiency and strengthening customer relationships.
Features
- Automated Invoice Collections: Streamlines and automates the process of collecting accounts receivable.
- Configurable Collection Workflows: Enables users to set up multiple email reminders and collection schedules.
- Customizable Email Templates: Allows creation and personalization of email communication for invoice reminders.
- Integration With Accounting Systems: Seamlessly integrates with solutions such as QuickBooks for billing data import.
- Activity History Tracking: Monitors all activities related to invoice collections for accountability and audit trails.
- Cloud Data Synchronization: Offers data backup and access through cloud synchronization features.
- Customer Account Queues: Organizes and manages account groups for effective collection management.
- Collections Team Management: Supports coordination of multiple agents and workflow segmentation.
- Reporting Suite: Provides both standard and custom reports for performance tracking and cash flow prediction.
Use Cases
- Automating the accounts receivable process for small business owners.
- Enhancing collection efficiency for finance teams in medium and large organizations.
- Integrating automated collections with QuickBooks for seamless invoicing.
- Coordinating collections efforts across multiple team members in an enterprise.
- Configuring customized invoice reminder email workflows.
- Predicting and reporting on cash collections and financial performance.
FAQs
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Is there a free version of TroveWorks available?
Yes, TroveWorks offers an Essentials plan that is free forever, suitable for individuals and sole proprietors. -
What accounting systems does TroveWorks integrate with?
TroveWorks integrates with popular solutions such as QuickBooks, allowing for seamless data import and workflow automation. -
Can I customize email templates and collection workflows?
Yes, users can fully configure email templates and set up personalized collection schedules and workflows for their needs. -
Is TroveWorks suitable for teams?
Yes, advanced plans of TroveWorks allow for collections team management and workflow segmentation for groups of accounts.
