Accounting Tools Product Review- Satago - ToOLOwl
Monday , December 17 2018

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Accounting Tools Product Review- Satago

Accounting-Tools-Product-review-satagoCash Flow Management is something a business cannot take for granted. After all, any business in the market aims to generate funds. Cash Flow management therefore becomes very challenging when all the tasks have to be done manually. The much pain in cash flow management is, getting paid late while running a business or even working as a freelancer by their business customers.

Satago was developed after experiencing first hand and the frustration of trying to keep organized whilst simultaneously chasing dozens of debtors for the payment. Satago can reduce the time and effort a small business spends on credit control by giving the tools to automate this process and ultimately helping them getting paid faster.

Editions and Pricing

The editions and pricing details for the product are:

Free Edition: for 10 users with basic functionalities

Desktop Edition: £83/month billed annually or £99 billed monthly for 6 users with all the features

Capabilities and Supporting Set of Features

satago-taskBoardThe Satago Taskboard
The taskboard is somewhat similar to the dashboard in other tools. The tool has a very intuitive taskboard which displays and gives access to Tasks including: Customizing templates, Set your schedule and Enable invoice reminders and Overview including: Schedules, Unmatched Customers and Incomplete Customers.

 

satago-accounts1Accounts
This section from the left panel of the taskboard has options to manage accounts for Customers as well as Invoices. The user has options to filter customers across the company applying filters for Matched and Unmatched Customers.

 

satago-accounts2And under the Invoice section, the user can keep a track on the debtors of the company, applying filters for time duration it was due showing potential fees.

 

 

Instant Finance
This is one of the latest feature introduced in the tool. The tool has capabilities for generating data and information under finance for

  • Generating Eligible Invoicesstago-instantfinance
  • Pending Invoices
  • Financed Invoices

The sections under Instant Finance thus provides details about all the invoices the business deals with and helps business track its finance in a smooth manner.

satago-creditsearchCredit Search
The Credit Search option lets you search all firms that have similar names like the one you typed in for your business to deal with. The search panel shows all the list of companies with links to their home pages so that you can access the information such as:

 

  • Average Days beyond terms
  • Experian Delphi score for its credibility
  • Credit Limits, and
  • Other Information related to Industry Vertical.

satago-reportgenerationReports Generation
The tool provides capabilities for reporting with options for Aged Debtors, Biggest and Oldest Debtors, AR Risk, Credit Report and Explore Debtors. The reporting options also gives users to filter out reports on the categories they want to and lets users save these files in the file formats of CSV as well as PDF formats.

Mobile Accessibility

The tool does not have a current mobile application for Android or iOS devices, but can be accessed through mobile web browser.

Integration

The tool efficiently manages Accounting activities also integrating with tools such as Sage One, Quick Books, Kash Flow, FreshBooks and FreeAgent. So now, the user does not need to import records or databases manually, instead the tool will seamlessly incorporate databases from these tools that most of the organizations use for their important databases. The tool also has capabilities to integrate over 200 desktop software integrations in the Desktop paid version of the tool.

Support

Satago offers powerful support for its users with FAQ’s, Phone Support, Mail Support, live chat support and Supporting Blogs.

Pros and Cons of Satago

Pros

  • The tool is user friendly with intelligent features and reporting capabilities.
  • Email tracking and Group reminders is also one of the powerful points for this tool
  • Integrates with about 200 desktop software making all the information you need available at a single place.
  • The tool also offers some prebuilt templates that the user can immediately use.

Cons

  • Unlike most of the Accounting tools, Satago also lacks a mobile application for its users.
  • The tool does not supports users for direct technical communication between the managers and workers. Lack of communication may lead the service to suffer.

Differentiators

  • Experian data
  • Thank you emails
  • Dairy Notifications
  • Full Audit Trial

For more details, please visit: Satago website.

About ToOLOwl

I am ToOLOwl. I have few friends in my nest; whenever someone requests a tool’s review or I pick a one out of my interest, someone in the nest does research on the tool, someone takes a tool’s walkthrough and some of them share their experiences and expert advice. Based on all; I give it a  stereoscopic vision and present important insights for you to go through and ease your selection process for tools. Wish you Happy reading, Easy choosing.

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