Tranch is an invoice-to-payment platform that automates accounts receivable processes, enabling enterprises to electronically deliver invoices and offer clients multiple payment options, including ACH, credit cards, and cryptocurrency. This technology reduces reconciliation time and eliminates credit risk, allowing businesses to optimize cash flow and enhance client payment experiences.
Funding
$1K 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.
Founders
Product
Problem
Enterprises face challenges in accounts receivable processes, including slow payment cycles, manual reconciliation efforts, and credit risk exposure when offering flexible payment terms to clients. Traditional invoicing methods often lack the payment options and automated workflows needed to optimize cash flow and enhance the client payment experience.
Solution
Tranch provides an invoice-to-payment platform designed to automate and streamline accounts receivable for enterprises. The platform enables businesses to electronically deliver invoices and offer clients a variety of payment methods, including ACH, real-time payments, credit cards, and cryptocurrency, all through a secure, integrated portal. Tranch reduces reconciliation time by providing line-by-line payouts and advanced invoice matching. Furthermore, the "Pay Later" option allows clients to pay invoices over time (2-12 months) while Tranch assumes the credit risk, ensuring the enterprise receives payment within 24 hours.
Target Audience
Tranch primarily targets enterprises across various industries looking to optimize their accounts receivable processes and offer flexible payment options to their business clients.
Features
- Secure client portal for accessing invoices and payment options
- Automated invoice delivery with reminders and workflows
- "Pay Later" option enabling clients to pay over time with no credit risk to the enterprise
- Instant payment processing via ACH, FedNow, and Faster Payments
- PCI-compliant credit card and virtual card acceptance
- Cryptocurrency payment acceptance with live conversion to fiat currency
- Recurring payment setup and collection for subscriptions or retainers
- AI-driven credit insights for improved decision-making
- Integration with ERP systems via API or SFTP