Gaviti is an accounts receivable platform that utilizes AI to automate invoice processing, customer reminders, and cash application, significantly reducing days sales outstanding (DSO) and late receivables. By providing real-time transparency and streamlined workflows, Gaviti enhances cash flow management for businesses, enabling them to collect payments more efficiently.
Funding
$11.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
FFounders
Product
Problem
Many businesses face challenges in managing accounts receivable, leading to delayed payments, increased days sales outstanding (DSO), and strained cash flow. Manual invoice processing, collections, and cash application are time-consuming and prone to errors, hindering efficiency and profitability.
Solution
Gaviti offers an AI-powered accounts receivable automation platform designed to streamline the invoice-to-cash process. The platform automates tasks such as invoice processing, customer payment reminders, and cash application, significantly reducing DSO and late receivables. By providing real-time transparency and customizable workflows, Gaviti enables businesses to optimize their A/R collections, credit management, and dispute resolution processes. The system facilitates proactive credit checks, ongoing customer risk assessment, and faster application processes, allowing businesses to sell more to paying customers.
Target Audience
Gaviti primarily targets medium-sized businesses and enterprises seeking to improve their cash flow, reduce DSO, and automate their accounts receivable processes.
Features
- AI-powered matching for cash application, automating reconciliation from various sources with high accuracy.
- Automated and customizable dunning emails and workflows for optimized customer reminders.
- Customer self-service portal for payment processing, offering autopay options and reducing errors.
- Credit management tools for thorough credit checks and ongoing customer risk assessment.
- Dispute and deduction management with customizable workflows and trend analysis.
- Real-time dashboards and analytics for monitoring A/R performance and identifying areas for improvement.
- Integration with ERP systems for seamless data flow and enhanced compatibility.