Notch offers a cloud‑based accounts receivable automation platform that streamlines invoicing, payment collection, reconciliation, and reporting. By integrating with major ERP and accounting systems and providing a branded payment portal with automated reminders and OCR‑driven invoice processing, it helps mid‑size to large enterprises accelerate cash flow, reduce manual effort, and gain real‑time visibility into receivables.
Funding
$10.5M 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.
5OPVFounders
Product
Problem
Businesses often rely on manual, offline accounts receivable processes that require extensive data entry, frequent payment follow‑ups, and disparate systems, leading to delayed payments, higher DSO, and increased administrative overhead.
Solution
Notch provides a cloud‑based accounts receivable automation platform that streamlines the entire AR workflow—from invoice creation and distribution to payment collection, reconciliation, and real‑time reporting. The solution integrates with major ERP and accounting systems (e.g., QuickBooks, Xero, NetSuite, Microsoft Dynamics 365) to synchronize invoice data and cash applications automatically. Customers receive a branded payment portal with flexible options such as payment links, scheduled autopay, and secure PCI‑compliant storage of payment details, reducing the need for manual follow‑ups. Automated reminders, OCR‑driven invoice scanning, and batch processing accelerate invoice delivery and improve cash‑flow predictability. Real‑time dashboards and custom analytics give finance teams visibility into outstanding balances, payment trends, and forecasted receivables, enabling data‑driven decision making.
Target Audience
Primary customers are mid‑size to large enterprises in the foodservice, hospitality, and distribution sectors that manage high volumes of invoices and seek to automate their accounts receivable processes.
Features
- End‑to‑end AR automation covering invoicing, payment collection, reconciliation, and reporting
- Seamless two‑way integration with leading ERP/accounting platforms (QuickBooks, Xero, NetSuite, Microsoft Dynamics 365, Sage Intacct)
- OCR engine that extracts data from multi‑page PDFs and matches invoices to payments in minutes
- Customer‑facing payment portal with branded UI, payment links, autopay scheduling, and secure PCI‑compliant storage
- Automated email and SMS reminders, including credit‑card expiry alerts, to reduce late payments
- Real‑time dashboards and custom reporting for DSO, cash‑flow forecasts, and invoice status tracking
- Support for multiple payment methods (Visa, Mastercard, Amex, EFT) with competitive processing rates and T+1 settlement