Collection-Master Review - why 4 stars?

Collection-Master Review
ITQlick Score: 59/100
ITQlick Rating:
Pricing: 3.4/10 - low cost
Category: Debt collection -> Collection-Master review
Ranking:Ranked 15 out of 17 Debt collection systems
Company: Commercial Legal Software
Typical customers: Medium and large size businesses
Platforms: Desktop
Links: Collection-Master pricing, Collection-Master alternatives
Shlomi LaviShlomi Lavi / updated: Aug 10, 2019

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What is Collection-Master?

Collection Master is an electronic data interchange solution for businesses of all sizes. It manages information between dissimilar networks and financial activity management. The software was designed and launched by Commercial Legal Software, Inc. headquartered in New Jersey, United States.

Who is it best for?

Customers of the software include businesses of all sizes and types. The software has been used in a wide range of businesses hailing from such industries as financial services, manufacturing, communication, transportation, retail and sale, and others. Some noteworthy customers of the software include General Electric, May Department Stores, and TrakAmerica etc.

Main features and functionalities

The software monitors and manages receiving and forwarding claims along with a comprehensive recovery management system. Support for local and national standards is available and special standards can be created for individual clients. Changes can be made in the existing standards and EDI standard certification is also available.

Clients have the facility of having the CLS test and certifying the EDI standard. A detailed report is provided about the functions that are not compatible with the current implementation of the system. EDI certification ensures that required functions are implemented by the CLS. The software also offers debt collection, foreclosure, and subrogation services.

What is the actual cost?

ITQlick pricing score is 3.4 out of 10 (10 is most expensive). Access ITQlick pricing guide for Collection-Master.

How it stacks up?

Access a head to head analysis of Collection-Master vs alternative software solutions.
ITQlick rating
Score
Pricing
License pricing
Functionality
Review
Compare
Collection-Master
ITQlick rating
4/5
Score
59/100
Pricing
3.4/10
License pricing
Pricing not available
Functionality
5
Compare
Collections
ITQlick rating
4/5
Score
82/100
Pricing
4/10
License pricing
Pricing not available
Functionality
3
NOVA
ITQlick rating
5/5
Score
78/100
Pricing
3.4/10
License pricing
$200 per month
Functionality
17
Review
Debtmaster
ITQlick rating
4.9/5
Score
72/100
Pricing
4.4/10
License pricing
Pricing not available
Functionality
5
Chax
ITQlick rating
3.6/5
Score
62/100
Pricing
7/10
License pricing
$129 per license
Functionality
5
Review

Frequently Asked Questions (FAQs)

Is it the best Debt collection system?

Collection-Master is ranked 15 out of 17 software in their category (Debt collection systems).

How they are rated on ITQlick?

The rating of Collection-Master is 4 stars out of 5 and the total score is 59 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Is it an easy to use Software?

Yes, Collection-Master makes it fairly easy to use. This product is user friendly and intuitive.

Is it cloud-based?

No, the software in not cloud based so you would need to install it locally and connect it directly to a server.

Can it be used on mobile?

No, currently Collection-Master can't be accessed on mobile, you would need to access it from your computer.

What should we ask during a demo session?

Differences between Collection-Master and alternatives?

The most popular alternatives to Collection-Master in 2024: Collections CRM, NOVA, Debtmaster, GreenFlag Profit Recovery, Collection Solutions. Access the complete competitors analysis here - Collection-Master VS Debt collection Software alternatives.

List of categories

Accounting & Finance
Core Accounting

List of features

Data Import/Export
Basic Reports
Online Customer Support

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.