# CreditorWatch Reviews
**Vendor:** CreditorWatch  
**Category:** [Credit and Collections Software](https://www.g2.com/categories/credit-and-collections)  
**Average Rating:** 3.5/5.0  
**Total Reviews:** 2
## About CreditorWatch
CreditorWatch provides credit risk insights, monitoring, and alerts on all commercial entities in Australia, including sole traders, trusts and partnerships, to empower businesses to make better credit risk decisions. Combining SME and corporate data from their own leading commercial credit bureau in addition to 50+ public and private data sources, CreditorWatch delivers trusted, in-depth credit risk insights that over 55,000 Australian businesses rely on every day.




## CreditorWatch Reviews
  ### 1. Creditor Watch - A good service, but also a cash grab

**Rating:** 2.5/5.0 stars

**Reviewed by:** Kevin Jacob G. | Director

**Reviewed Date:** January 29, 2022

**What do you like best about CreditorWatch?**

The ability to lodge defaults and do credit checks

**What do you dislike about CreditorWatch?**

Each year they increase the annual subscription price by a factor of $100.00.
They claim it's because they are adding so many system improvements. (some of the improvements like extra reports you need to pay for)

This means that over the next five years, I'm paying an extra $500.00 for the 'features' they introduced in 2021.  Now compound this each year when they increase the price it's a money grab.

**What problems is CreditorWatch solving and how is that benefiting you?**

I can lodge defaults against customers that don't pay

  ### 2. Great software for debt collection.

**Rating:** 5.0/5.0 stars

**Reviewed by:** Stanley K. | Account Manager, Financial Services, Mid-Market (51-1000 emp.)

**Reviewed Date:** August 22, 2019

**What do you like best about CreditorWatch?**

I like how this software is helping to keep  track of slow payers and gives the best chance of a good cash flow and also we can focus on other areas that requires to be paid attention on.

**What do you dislike about CreditorWatch?**

So far have not experienced any dislike  while using this software. Its a great software to use.

**Recommendations to others considering CreditorWatch:**

 Debtor daddy the best  software for debt collection which results into increased cash flow and also easy to use. I therefore recommend others to use this software.

**What problems is CreditorWatch solving and how is that benefiting you?**

We are looking forward in ensuring that all the bad debtors keep their promises by paying their debts hence this is helping in reducing debts and increasing cash flow in our organization.

  ### 3. Debtor daddy

**Rating:** 3.0/5.0 stars

**Reviewed by:** Andrea W. | Customer Service Representative, Hospital & Health Care, Enterprise (> 1000 emp.)

**Reviewed Date:** April 25, 2018

**What do you like best about CreditorWatch?**

Debtor daddy takes care of outstanding collections for you. Kind of like a real father, it gives you peace of mind. 

**What do you dislike about CreditorWatch?**

It's not as seamless when integrating with other software. It's a little clunky on the interface.

**What problems is CreditorWatch solving and how is that benefiting you?**

It's beneficial because it's so much easier than compiling a list of who's overdue yourself, debtor daddy will make that list for you, so you can worry about building customer relations. 


## CreditorWatch Discussions
  - [What is CreditorWatch used for?](https://www.g2.com/discussions/what-is-creditorwatch-used-for)
  - [What is Debtor Daddy used for?](https://www.g2.com/discussions/what-is-debtor-daddy-used-for)

- [View CreditorWatch pricing details and edition comparison](https://www.g2.com/products/creditorwatch/reviews?section=pricing&secure%5Bexpires_at%5D=2026-05-15+18%3A01%3A14+-0500&secure%5Bsession_id%5D=823a5a10-1663-4916-b3d9-0747c9fcde9e&secure%5Btoken%5D=10d65480b13075615965c6e5b787884a7e0951a55790926676b7bb2f5d604973&format=llm_user)

## CreditorWatch Features
**Customer Credit**
- Credit History
- Integration with Credit Rating Agencies

**Reporting**
- Status
- Customer Credit
- History

**Agentic AI - Accounting & Finance**
- Autonomous Task Execution

**Identity Verification Functions - Identity Verification**
- Multi-Method Verification
- AI Document Check
- Biometric Face Match
- Integration Options
- Workflow Orchestration

**Invoice Matching**
- Incomplete Payments
- Match Invoices and Payments
- Errors and Adjustments
- Cash Application

**Integrations**
- Accounting
- ERP
- CPM

**Risk & Fraud Prevention - Identity Verification**
- Liveness Detection
- AI Risk Scoring
- Document Forensics

**Collections**
- Late Payments
- Disputed Transactions
- Personalized Customer Messaging
- Customer Profiles

**Transactions**
- Credits
- Invoices
- Payments

**Compliance & Governance - Identity Verification**
- Standards Compliance
- AML/PEP Screening
- Global Coverage

**Analytics**
- At Risk Customers
- Esimated vs Actual Receipts
- Collections Effectiveness
- Scaleability
- Artificial Intelligence
- Compliance Control

**Workflows**
- Approvals
- Reconciliation

**Self Service**
- Customer Portal
- Financial Documents

**Agentic AI - Accounts Receivable Automation**
- Autonomous Task Execution

**Agentic AI - Credit and Collections**
- Autonomous Task Execution
- Multi-step Planning
- Adaptive Learning

**AI - Accounts Receivable**
- Generative
- Responses
- Predictive Analytics

## Top CreditorWatch Alternatives
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