Drypowder offers a cloud‑based accounts receivable platform for construction material suppliers, distributors, and manufacturers. It centralizes invoice and payment data, syncs bi‑directionally with existing ERP systems, and provides real‑time dashboards and analytics to accelerate collections and reduce days sales outstanding.
Funding
Funding not disclosed
Founders
Product
Problem
Construction suppliers often struggle with fragmented accounts receivable processes, manual data entry, and delayed payments, leading to high days sales outstanding (DSO) and cash‑flow constraints.
Solution
Drypowder provides a cloud‑based AR management platform that centralizes invoice and payment data while synchronizing directly with a company’s existing ERP system. By pulling accounts, invoices, and credit memos into a single hub and feeding payment entries back into the ERP, the solution creates a single source of truth for receivables. Real‑time dashboards highlight bottlenecks and performance metrics, enabling users to make data‑driven decisions that accelerate collections and reduce DSO. The integration is handled by Drypowder’s technical team, typically completing within a week, allowing firms to adopt the platform with minimal disruption.
Target Audience
Drypowder is aimed at construction material suppliers, distributors, and manufacturers that rely on ERP systems for financial operations and need faster, more reliable accounts receivable management.
Features
- API‑driven integration with virtually any ERP system for bi‑directional data sync
- Centralized AR dashboard that consolidates invoices, credit memos, and payment status
- Automated payment entry back into the ERP to maintain accurate financial records
- Performance analytics that identify collection bottlenecks and track cash‑flow KPIs
- Quick implementation workflow with technical setup handled by Drypowder’s team