Breakdown between Enverus's Openinvoice Product and Joltly's Accounts Payable system
This article is focused on 5 key points: Price, User Experience, Payments, Users, and Vendors.
Joltly - Pricing is listed on the website
OpenInvoice - Need to contact for exact pricing
Joltly: Joltly is designed for ease of use. We built is so it would have intuitive workflows that require minimal training. Examples include approval workflows, invoice coding, ERP integration, and payment scheduling. Most customers can fully operate the software within a day of onboarding.
OpenInvoice: Offers a robust workflow that generally necessitates training from their team or from experienced accountants. Will give you all the tools you need for invoice coding, approvals, and ERP integration. Once you have your systems in place it will be an effective tool.
Joltly: Joltly supports direct approval, scheduling, and payment of invoices via check or ACH. We partner with Plaid and Checkkeeper, both SOC 2 certified banking platform ensuring data security, and Checkkeeper, which provides SSL-encrypted connections for maximum security.
OpenInvoice: Does not facilitate direct payments. Customers generally need to upload their invoices to their banking system and process payments externally.
Joltly: Joltly offers unlimited users with no extra cost, charging only based on the volume of invoices.
OpenInvoice: Charges are based on both the number of invoices and users, with additional fees for exceeding set limits.
Joltly: Vendors can forward invoices to a designated email address. Our AI assists in streamlining invoice processing. After payment, vendors receive email notifications detailing remittance.
OpenInvoice: Maintains a vendor network that allows vendors to directly upload their invoices.
Openinvoice and Joltly can both be used effectively to help your business. Openinvoice is best positioned for enterprise level systems that are processing thousands of invoices each month. It also requires an accounting team that is familiar with how their software works. Joltly is best positioned for small to midsize customers who process a 10-1000 invoices each month. Anyone with a brain and pulse will understand Joltly after 10 minutes of training.
Get quick answers to common queries in our FAQs.
JEL Resources example:
In the Roughneck tier, the user processes 25 documents, makes 10 ACH payments, and sends 2 checks. The total cost includes the $250 base fee for the Roughneck tier, $37.25 for document processing, $4.90 in ACH fees, and $3.98 for check-sending fees. Altogether, the total comes to $296.13.
Energy Investments example:
In the Wildcatter tier, the user processes 100 documents, makes 50 ACH payments, and sends 10 checks. The total cost includes the $500 base fee for the Wildcatter tier, $149 for document processing, $24.50 in ACH fees, and $19.90 for check-sending fees. Altogether, the total comes to $693.40.
Joltly aims for broad compatibility, especially targeting integration with major ERPs in the energy sector. We're dedicated to customizing these integrations to fit your exact needs for seamless financial operations.
Joltly streamlines your onboarding with dedicated Slack channels or email chains, offering immediate, tailored support from our team to address any setup queries or issues, ensuring a seamless integration process.
Yes, Joltly can be personalized to fit your business's unique needs, offering customizable workflows, reporting, and dashboard features to match your specific financial processes and requirements.
Give Joltly a try and see for yourself if it's a good fit for Saas needs.
