Modern
Modern provides an AI-native order-to-cash platform that automates accounts receivable workflows from invoice to payment. The platform's AI agents handle collections outreach, cash application, and dispute resolution while operating within rules set by each AR team. It integrates with existing ERPs and payment systems, and can be deployed in days without replacing the current stack.
- AI Agents
- Artificial Intelligence
- Enterprise Software
- Financial Technology
- Software Only
Funding
Raised to date
$500KRaised 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.
Founders
Founder details are not available yet.
Product
Problem
Accounts receivable teams rely on manual, fragmented processes to chase overdue invoices, match payments, and resolve disputes, leading to slow cash collection, high operational overhead, and revenue leakage. Legacy tools and outsourced services lack the context and control needed to manage the full order-to-cash cycle effectively.
Solution
Modern provides an AI-native order-to-cash platform that automates the entire accounts receivable workflow from invoice to payment. The platform's AI agents proactively manage collections by contacting customers before invoices go past due, tracking down the right billing contact, and following up via email, text, and phone. It also automates cash application by matching payments and remittance data to the correct invoices, and handles disputes and deductions by researching and settling them within approval rules. Modern works within the rules set by each AR team, knows when to escalate to a human, and logs every action for a complete audit trail. The platform integrates with existing ERPs, CRMs, banks, and payment systems, and can be deployed in days without ripping out the current stack.
Target Audience
Primary customers are finance and accounts receivable teams at mid-market and enterprise companies that need to improve cash collection, reduce DSO, and automate manual AR workflows.
Features
- AI agents that autonomously chase invoices through collections, including outreach via email, SMS, phone, and customer portals in multiple languages
- Automated cash application that matches payments and remittance data to the correct invoices in the ERP
- Dispute and deduction management that researches claims, sorts valid from invalid, and recovers revenue within approval rules
- Context-aware communication that remembers customer history, payment promises, and preferred channels to keep relationships warm
- Rule-based controls that let teams set outreach frequency, channels, and approval requirements, with checks before any new step
- Learning engine that captures what works per customer and sharpens future interactions
- Audit trail on every action, with PII encryption, tokenization, role-based access control, and enterprise SSO support
- Integrations with major ERPs, CRMs, banks, and payment systems including NetSuite, SAP, QuickBooks, Xero, Salesforce, Stripe, and more