Oddr
About Oddr
Oddr is an AI-powered invoice-to-cash platform designed specifically for law firms, centralizing and automating the entire billing lifecycle from bill creation to collections and reconciliation. By addressing inefficiencies in billing processes, Oddr reduces days sales outstanding (DSO) and enhances cash flow visibility, ultimately increasing profitability and client satisfaction.
```xml <problem> Law firms often face challenges with inefficient billing processes, including manual bill preparation, cumbersome delivery methods, and difficulties in tracking client payments. These inefficiencies lead to delays in revenue collection, increased administrative overhead, and reduced visibility into cash flow. </problem> <solution> Oddr provides an AI-powered invoice-to-cash platform designed to centralize and automate the entire billing lifecycle for law firms, from invoice creation to collections and reconciliation. The platform streamlines bill preparation for various formats, automates bill delivery with tracking capabilities, and simplifies collections through automated reminders and integrated electronic payment options. By integrating with practice management systems and providing intelligent operational analytics, Oddr enhances cash flow visibility, reduces days sales outstanding (DSO), and improves client satisfaction. The platform's AI capabilities offer advanced modeling and forecasting, enabling law firms to eliminate revenue leakage and increase profitability. </solution> <features> - Centralized platform for managing the entire invoice-to-cash lifecycle - AI-powered automation of billing, collections, and reconciliation processes - Streamlined bill creation for paper, PDF, and electronic billing formats - Automated bill delivery with client tracking and notifications - Automated, rules-based reminders and internal escalations for collections - Integrated electronic payment options for simplified client remittances - Automated data integration with practice management systems - Intelligent operational analytics for enhanced cash flow visibility and forecasting - Customizable dashboards for billing staff and firm management - Rules-based validation and exception management </features> <target_audience> Oddr primarily targets law firms, particularly Am Law 200 firms, seeking to modernize their revenue cycle management, improve cash flow, and enhance client satisfaction through streamlined billing processes. </target_audience> <revenue_model> Oddr operates on a subscription-based model, offering tiered pricing plans based on the features and level of support required by the law firm. </revenue_model> ```
What does Oddr do?
Oddr is an AI-powered invoice-to-cash platform designed specifically for law firms, centralizing and automating the entire billing lifecycle from bill creation to collections and reconciliation. By addressing inefficiencies in billing processes, Oddr reduces days sales outstanding (DSO) and enhances cash flow visibility, ultimately increasing profitability and client satisfaction.
When was Oddr founded?
Oddr was founded in 2022.
How much funding has Oddr raised?
Oddr has raised 2000000.
- Founded
- 2022
- Funding
- 2000000
- Employees
- 17 employees
- Major Investors
- Saama Capital, Twin Ventures