Lockstep Collect Review: Is It The Right Accounts Receivable Software For Your Team?
Best for SMB teams · Mid-market · Enterprise
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Lockstep Collect offers custom pricing plan
Overview
Pricing
Alternatives
Media
Security & Compliance
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FAQ
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What is Lockstep Collect?
Introducing Lockstep Collect, the cutting-edge solution to revolutionize your accounting processes. With the tagline "Modernize Your Accounting," Lockstep Collect takes your collections to the next level by optimizing your cash flow management. By implementing Lockstep Collect, your team can redirect their focus towards engaging with customers proactively, all while accelerating your DSO (Days Sales Outstanding) to enhance liquidity. Unlock the potential of your business with Lockstep Collect's ability to bolster working capital, giving you the financial freedom to invest in vital areas of growth. Experience a boost in cash flow from operations, leading to reduced costs associated with credit management. Moreover, Lockstep Collect boasts an extensive range of integrations tailored for both on-premises and cloud-based ERPs, making it the go-to solution in the industry. Embrace the future of collections management and witness the transformative power of Lockstep Collect in action. Say goodbye to outdated processes and welcome a new era of efficiency and profitability in your accounting operations. Give your business the competitive edge it deserves with Lockstep Collect as your trusted partner in financial success.
Pricing
Lockstep Collect offers custom pricing plan
Best For
Suited for solo users, small teams, SMBs, and enterprise
Security & Compliance
Data residency:🇺🇸
Platform
Browser Based (Cloud)
Desktop only — no mobile app
Lockstep Collect Software Demo
Lockstep Collect was reviewed internally using user feedback, in-house testing, and market research to assess its performance, reliability, and user experience. Learn how we review products and our evaluation process.
Who should consider Lockstep Collect
- Use cases
- Accounts receivable management, Cash flow optimization, Financial operations in enterprises
- Team types
- Accounts receivable teams, Finance managers
- Company size
- Medium Business, Large Enterprises
- Workflow style
- Enterprise-focused and process-heavy
- Setup complexity
- Medium
Why teams choose Lockstep Collect
Improves cash flow by accelerating Days Sales Outstanding (DSO)
Enables proactive customer engagement in collections
Modernizes and streamlines accounting collections processes
Is Lockstep Collect right for you?
Best for enterprises seeking to modernize and accelerate accounts receivable collections.
Choose Lockstep Collect if
- You need to reduce Days Sales Outstanding (DSO) to improve cash flow.
- Your collections team requires tools for proactive customer engagement.
- You operate a medium to large enterprise with structured accounting processes.
Consider alternatives if
- You are a very small business with minimal receivables and simple accounting.
- You require transparent pricing and extensive integration options upfront.
Lockstep Collect pros and cons
- Lockstep Collect pros
Improves cash flow by accelerating Days Sales Outstanding (DSO)
Enables proactive customer engagement in collections
Modernizes and streamlines accounting collections processes
- Lockstep Collect cons
Pricing is quotation-based and not publicly available
Limited information on integration capabilities
Ready to try it?
Get started with Lockstep Collect
Connect with the team for a personalised demo.
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See how it stacks up
Compare Lockstep Collect side-by-side with top Accounts Receivable Software alternatives.
What is the pricing of Lockstep Collect?
Lockstep Collect uses custom pricing — plans are tailored to your team size and needs. Contact them for a quote.
Lockstep Collect Pricing Plans
Select
Online Statements
Online Payments
Accounting and Email Sync
Essentials Sequencing
Multi-Channel Sequencing
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Standard
Includes features of Select plan, plus
Activity Management
Goal Management
Next Best Activity
Dispute Management
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Pro
Includes features of Standard plan, plus
Account Hierarchy
Multi-entity
customized Sequences
Multi-currency
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Lockstep Collect reviews and ratings
Buyer sentiment
Overall positive sentiment highlights improved cash flow and modernized collections, tempered by concerns about pricing transparency and integration.
What buyers like
- Cash flow improvement
- Ease of accelerating DSO
- Modern accounting process support
Common complaints
- Pricing opacity
- Integration limitations
Lockstep Collect security and data handling
Key compliance certifications and security features for IT and security teams evaluating Lockstep Collect.
Certifications
Developer & data
Alternatives to Lockstep Collect
Lockstep Collect Support Options
Frequently Asked Questions About Lockstep Collect
Common questions buyers ask before choosing Lockstep Collect.
Lockstep Collect is a strong fit if: You need to reduce Days Sales Outstanding (DSO) to improve cash flow.; Your collections team requires tools for proactive customer engagement.. Consider alternatives if: You are a very small business with minimal receivables and simple accounting.; You require transparent pricing and extensive integration options upfront..
Buyers commonly note the following limitations of Lockstep Collect: Pricing is quotation-based and not publicly available; Limited information on integration capabilities; May require change management for teams used to manual processes.
Some top alternatives to Lockstep Collect includes YayPay, Global PayEX, Emagia Credit Automation, HappyAR and Upflow.
Lockstep Collect offers Quotation Based pricing model
The starting price is not disclosed by Lockstep Collect. You can visit Lockstep Collect pricing page to get the latest pricing.
Ready to try it?
Get started with Lockstep Collect
Get connected with the team for a personalised demo.
Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].