Description
Inwisely is a platform powered by AI that automates accounts receivable procedures for businesses. The tool provides multiple functionalities to simplify the payment process and boost efficiency.
A core function of Inwisely is its capacity to suggest a follow-up sequence using AI. This helps companies determine the most effective method for following up with clients about payments, thus ensuring on-time payment collection. Users have the option to upload invoices via manual uploads, integrating accounting software or ERP systems, or sending them via email to Inwisely.
Once invoices are uploaded, the platform automates follow-ups, sending customized emails to clients, which eliminates the need for manual intervention. The tool has a monitoring feature to let users check past communications with customers regarding each invoice.
Additionally, an aging report offers real-time updates on outstanding payment statuses. Seamless data transfer is made possible through Inwisely's integration with prominent ERPs and accounting solutions.
The platform accommodates numerous users, allowing businesses to allocate specific account managers to particular clients. Users have the ability to monitor the status of dispatched emails, ensuring that deliveries, opens, and replies are recorded. Data security is a priority, with encrypted storage on AWS.
Inwisely provides a headless mode for instant access to intelligent follow-up features, which allows it to be integrated into other platforms. Finally, Inwisely enables users to capture customer promises to pay and automate actions based on these agreed dates.
The feature supports businesses in monitoring customer commitments to help ensure punctual payments. In essence, Inwisely automates accounts receivable processes with AI, providing features like AI-suggested follow-up sequences, automated invoice uploading, communication monitoring, ERP and accounting tool integrations, robust data security, and promise-to-pay workflows.
