Ricochet is a supplier onboarding and intelligence platform that automates W-9 and W-8 collection while centralizing vendor management for accounting teams. For fintech partners, it provides supplier acceptance data, real-time signals, and universal remittance capabilities to power their platforms.
Funding
Funding not disclosed
Founders
Product
Problem
Accounting teams and fintech platforms still rely on manual paperwork for supplier onboarding, creating friction with W-9 and W-8 collection, tax compliance verification, and vendor data management. This slows down procurement cycles, increases error risk, and leaves partner platforms without visibility into supplier acceptance behavior or remittance operations.
Solution
Ricochet automates the supplier onboarding workflow by collecting and securely storing tax forms such as W-9 and W-8, ensuring compliance without manual follow-up. The platform centralizes vendor management, giving accounting teams a single source of truth for supplier data. For fintech partners, Ricochet unlocks supplier intelligence including acceptance data, real-time signals on supplier behavior, and universal remittance capabilities that let third-party platforms act on those insights. This dual-sided offering reduces operational overhead while enabling data-driven supplier engagement and payment execution.
Target Audience
Primary customers are accounting teams within mid-to-large enterprises that need to streamline supplier onboarding, and fintech platforms or partners seeking supplier intelligence and payment capabilities.
Features
- Automated W-9 and W-8 collection with secure TIN/EIN storage for tax compliance
- Centralized vendor management dashboard for streamlined supplier relationships
- Supplier acceptance data and analytics for partner platforms
- Real-time supplier signals to inform targeted campaigns and outreach
- Universal remittance solutions that integrate with existing fintech workflows