Fixing late payments together
Our inv. AI predicts when an invoice will actually be paid and best ways to manage any issues, based on collective AR/AP data
Our mission:
Everyone should win from paying on time. A better payment reputation means better terms across the board. It should compound.
Bad actors shouldn't be able to systematically abuse payment terms by acting in the shade.
🔎 Check Payment Reputation of search ⇒
Everyone should win from paying on time. A better payment reputation means better terms across the board. It should compound.
Bad actors shouldn't be able to systematically abuse payment terms by acting in the shade.
🔎 Check Payment Reputation of search ⇒
We leverage collective AR/AP data, credit bureau data, bankruptcy records and other public and proprietary data sources, so we can offer AI-powered insights and actions:
• Inv#001: Net 30 to Company A → Expect in 64 days. Recommendation: Offer a payment plan to speed up. Execute?
• Inv#002: Net 30 to Company B → On track for 30 days. Opportunity: Share W-9, supporting docs X,Y,Z. Execute?
• Inv#003: Net 30 to Company C → Overdue by 90 days. Action: Payment reputation downgraded; late fees applied. Escalate: Send to "Legal Collections Inc", debt sale price X. Execute?
• Inv#001: Net 30 to Company A → Expect in 64 days. Recommendation: Offer a payment plan to speed up. Execute?
• Inv#002: Net 30 to Company B → On track for 30 days. Opportunity: Share W-9, supporting docs X,Y,Z. Execute?
• Inv#003: Net 30 to Company C → Overdue by 90 days. Action: Payment reputation downgraded; late fees applied. Escalate: Send to "Legal Collections Inc", debt sale price X. Execute?
On InvoiceLedger for you:
• Leverage of the collective;
• Track risk at every invoice/client level;
• Clear visibility to cashflow;
• Upsell workflows;
• Connection to your AR/AP;
• Timeline and chat;
On InvoiceLedger for your clients:
• Self-serve invoice portal;
• Pay, extend, finance;
• Dispute management;
• In-built reporting;
• Manage Payment Reputation;
• Leverage of the collective;
• Track risk at every invoice/client level;
• Clear visibility to cashflow;
• Upsell workflows;
• Connection to your AR/AP;
• Timeline and chat;
On InvoiceLedger for your clients:
• Self-serve invoice portal;
• Pay, extend, finance;
• Dispute management;
• In-built reporting;
• Manage Payment Reputation;
Chasing invoices sucks. Goods and services delivered - Terms set - Yet you still spend resources chasing payments. That's not fair 👎
We don't force companies into paying on time, we force companies into cooperating. 9 out of 10 suppliers can extend the due date if clients communicate properly beforehand, instead of ghosting, dodging and BS excuses.
Good payers subsidize bad actors that get "float" at your expense. Not cool.
Paying on time and/or cooperating to resolve issues should be rewarded. That's fair 👍
We don't force companies into paying on time, we force companies into cooperating. 9 out of 10 suppliers can extend the due date if clients communicate properly beforehand, instead of ghosting, dodging and BS excuses.
Good payers subsidize bad actors that get "float" at your expense. Not cool.
Paying on time and/or cooperating to resolve issues should be rewarded. That's fair 👍
inv. compliments your existing AR/AP without replacing it
There are no disruptions to your billing workflows, only value add