Levers
About Levers
Levers is a B2B receivables collection platform that automates bank reconciliation, payment follow-ups, and invoicing to streamline high-volume receivables operations. By reducing manual tasks and accelerating cash collection, Levers helps finance teams save over 1,000 hours annually and significantly decrease payment delays.
```xml <problem> Many B2B finance teams face challenges in managing high-volume receivables, leading to manual reconciliation processes, delayed payment follow-ups, and inefficient invoicing. These manual tasks consume significant time and resources, hindering cash flow and operational efficiency. </problem> <solution> Levers offers a B2B receivables collection platform designed to automate and streamline high-volume receivables operations for modern finance teams. The platform automates bank reconciliation by matching incoming bank transactions with outstanding invoices, reducing manual effort and improving accuracy. It also automates customer follow-up communications, scaling outreach and minimizing manual grunt work. Levers enables businesses to collect payments online and generate compliant recurring invoices, further streamlining the receivables process. By automating these key functions, Levers helps businesses unlock trapped cash, reduce payment delays, and improve overall cash flow. </solution> <features> - Automated bank reconciliation: Automatically matches and reconciles incoming bank transactions with outstanding invoices. - Automated follow-ups: Scales customer follow-up communications to reduce manual work. - Online B2B payments: Facilitates easy online payment collection from customers. - Invoicing: Generates compliant recurring invoices directly within the platform. - Integration: Connects and syncs with existing accounting software. - Customer segmentation: Segments customers based on payment history and behavior across channels. - Personalized reminders: Sends personalized reminders across multiple channels, including email, WhatsApp, SMS, and phone calls. </features> <target_audience> Levers primarily targets B2B finance teams that manage high volumes of receivables and seek to automate their collection processes. </target_audience> <revenue_model> Levers operates on a subscription-based model, offering various pricing tiers based on the features and volume of transactions. </revenue_model> ```
What does Levers do?
Levers is a B2B receivables collection platform that automates bank reconciliation, payment follow-ups, and invoicing to streamline high-volume receivables operations. By reducing manual tasks and accelerating cash collection, Levers helps finance teams save over 1,000 hours annually and significantly decrease payment delays.
Where is Levers located?
Levers is based in Jeddah, Saudi Arabia.
When was Levers founded?
Levers was founded in 2022.
How much funding has Levers raised?
Levers has raised 2000000.
Who founded Levers?
Levers was founded by Motasim Zawawi.
- Motasim Zawawi - Co-Founder/CEO
- Location
- Jeddah, Saudi Arabia
- Founded
- 2022
- Funding
- 2000000
- Employees
- 7 employees
- Major Investors
- Y Combinator, Shorooq Partners, STV