Kolleno provides an intelligent order-to-cash platform that automates accounts receivable processes using AI Agents. This platform centralizes AR data, automates collections, payment reconciliation, and dispute management to improve cash flow predictability. Finance teams leverage this system to shift focus from manual operations to strategic financial planning.
Funding
$6.3M 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.
SVFounders
Product
Problem
Many businesses struggle with inefficient accounts receivable (AR) management due to high invoice volumes, manual processes, and disconnected systems. This can lead to difficulties in prioritizing tasks, increased overdue balances, and time wasted on reconciliation and reporting. The result is increased aged debt, higher operational risk, and strained customer relationships.
Solution
Kolleno offers an AI-powered platform designed to streamline and automate accounts receivable management, centralizing collections, payments, and reconciliation. The platform provides customizable workflows based on credit profile, outstanding balance, and days overdue, reducing manual and repetitive tasks. Kolleno's AI Agent automates routine tasks and answers team questions, while the Task Manager tracks communication, activities, and payments. The platform also offers a firm-branded customer portal with multiple payment methods and auto-reconciliation, facilitating faster payments and improved cash application.
Target Audience
Kolleno is designed for CEOs, CFOs, credit and revenue controllers, financial managers, and other professionals responsible for managing accounts receivable in businesses of all sizes.
Features
- Dynamic workflows customizable based on credit profile, outstanding balance, and days overdue
- AI-powered smart emails for faster client dispute resolution
- Customer payment portal offering multiple payment methods and access to invoices and statements
- Automated payment matching and application
- Real-time monitoring of portfolio risk exposure
- Automated credit checks for new clients
- Integration with ERP systems such as NetSuite, QuickBooks, MS Dynamics, Xero, and Sage
- Collections Task Manager providing a clear list of action items based on customer inquiries
- Live analytics and reporting
- E-invoicing management