BillFlow automates accounts receivable processes to improve cash flow and reduce days sales outstanding. Its AI-powered platform handles automated invoice follow-up, dispute resolution, and advanced collections, providing businesses with actionable insights and streamlined payment recovery.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses struggle with inefficient accounts receivable processes, leading to extended days sales outstanding (DSO) and difficulties in recovering overdue payments. Manual invoice follow-up, dispute resolution, and payment processing consume valuable resources and negatively impact cash flow.
Solution
BillFlow provides an AI-powered accounts receivable automation platform designed to streamline collections and improve cash flow. The system offers automated invoice follow-up via email and other channels, providing timely notifications on payment status and chargeable events. It delivers weekly metrics on invoice performance, dispute notifications, and customer payment schedules through a web dashboard. For more complex situations, BillFlow offers end-to-end collection capabilities, including escalating communications, credit report filing, surety bond filing, and creditor's claim filing in bankruptcy court.
Target Audience
BillFlow targets businesses seeking to optimize their accounts receivable operations, reduce DSO, and enhance cash flow management. This includes finance departments, accounting teams, and operations managers within companies of various sizes.
Features
- AI-driven insights into invoice payment status and chargeable events
- Automated email and channel-based invoice follow-up
- Weekly DSO analytics and reporting, including paid, pending, and written-off invoices
- Real-time notifications for payment receipts and incoming AP invoices
- Dispute and question flagging for proactive resolution
- Advanced collection strategies including credit report filing and surety bond filing
- Creditor's claim filing for bankruptcy proceedings
- Integration with existing business systems for seamless data flow