Cadency provides a platform for automated invoicing and accounts receivable management, enabling businesses to streamline payment workflows and integrate with existing accounting systems. By offering local payment options in over 30 countries, Cadency reduces transaction costs and accelerates cash flow for companies operating globally.
Funding
Funding not disclosed
Founders
Product
Problem
Many businesses face challenges in managing international invoicing and accounts receivable due to varying local payment preferences and the complexities of integrating with different accounting systems. This can lead to increased transaction costs, delayed payments, and inefficient reconciliation processes.
Solution
Cadency offers a platform designed to automate invoicing workflows and streamline accounts receivable management, particularly for businesses operating globally. The platform enables companies to offer local payment options in over 30 countries, reducing transaction fees and accelerating cash flow. By integrating with existing accounting and ERP systems, Cadency automates invoice, payment, and reconciliation transactions, minimizing manual intervention and ensuring consistent financial records. Configurable workflows and automated customer communication further enhance efficiency throughout the invoice lifecycle.
Target Audience
Cadency primarily targets businesses with international operations that require efficient and cost-effective solutions for managing invoicing and accounts receivable across multiple countries.
Features
- Support for local payment methods in over 30 countries
- Automated invoice generation, delivery, and payment reminders
- Integration with existing accounting and ERP systems for seamless data synchronization
- Configurable workflows and approval processes for invoice management
- Automated reconciliation of payments with invoices
- Real-time reporting and analytics on accounts receivable performance
- Secure payment processing with compliance and regulatory adherence
- Transparent, pay-as-you-go transaction fees