Kolleno

About Kolleno

Kolleno is a dynamic startup specializing in credit control and collection solutions. The company aims to simplify and streamline the process of managing accounts receivable (A/R) and debt recovery for businesses. Kolleno serves a diverse range of clients, including finance officers, general managers, and CFOs from various industries such as fire protection, electrical services, and more.

Operating in the financial technology (fintech) market, Kolleno offers a comprehensive suite of tools designed to automate and enhance credit control activities. Their services include A/R software, debt recovery, legal support, court claims, and advanced reporting. By centralizing all credit control and chasing activities into a single hub, Kolleno helps businesses reduce manual tasks, improve efficiency, and accelerate cash flow.

Kolleno's business model revolves around providing tailored solutions that cater to the specific needs of each client. They offer seamless onboarding, omnichannel communication, and customized invoice management strategies. The company also provides insightful analytics to help businesses make informed decisions. Kolleno makes money by charging for its software and services, which are designed to improve the Days Sales Outstanding (DSO) metric by up to 82%, meaning businesses get paid faster.

The startup has garnered positive feedback from its clients, who appreciate the customized payment reminders and the significant reduction in manual work. Kolleno's mindful approach ensures that client relationships are maintained with friendly payment reminders, making the collection process less intrusive.

In summary, Kolleno is a fintech company that helps businesses manage their credit control and collections more efficiently through automation and tailored strategies.