The platform is designed to streamline the payment process and improve efficiency for businesses.
Inwisely is an AI-powered platform that streamlines the account receivable process for businesses, automating various tasks to improve efficiency. One of the key features of Inwisely is the ability to choose a follow-up sequence suggested by AI, which helps businesses decide the most effective way to follow up with customers regarding payments. This feature ensures timely payment collections and reduces the need for manual follow-ups.
Inwisely allows users to upload invoices through various methods, including manual upload, connecting their accounting software or ERP, or simply emailing them to the platform. Once uploaded, the tool automates the payment process, sending personalized emails to customers. This eliminates the need for manual intervention and ensures that payments are received on time.
The platform also provides a monitoring feature that allows users to view the history of communication with customers for each invoice. This feature helps businesses keep track of the status of outstanding payments and ensure that they are following up with customers in a timely manner. Additionally, Inwisely offers an aging report that provides an update on the status of outstanding payments.
Inwisely is designed to integrate with major ERPs and accounting tools, providing seamless data exchange. The platform supports multiple users, enabling businesses to assign different account managers to specific customers. Users can track the status of sent emails, ensuring that they are delivered and opened by customers.
The tool prioritizes data security, with encrypted storage on AWS. Inwisely can be integrated into other platforms, providing a headless mode for immediate access to intelligent follow-up features. Lastly, Inwisely allows users to capture promise-to-pay commitments and execute workflows on the promised dates. This feature helps businesses keep track of customer commitments and ensure timely payments.
In summary, Inwisely is an AI-powered platform that automates account receivable processes, offering functionalities such as AI-suggested follow-up sequences, invoice upload and automation, monitoring of communication history, integration with ERPs and accounting tools, data security, and promise-to-pay workflows. The platform is designed to streamline the payment process and improve efficiency for businesses.
