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Artificial Intelligence for Accounts Receivable

Our Intelligence-Based BillingTM platform unlocks time and money for accounting firms

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A new solution to a longtime problem

 

Even with top cloud software and expert staff, accounting firms struggle to manage accounts receivable (AR), leading to wasted time, lost revenue, confused clients, and frustrated knowledge workers.

We wanted to fix this. So we asked ourselves, “What would be the building blocks of the industry's greatest AR solution, and what would that solution do for accounting firms?” Answer: It would . . .

 

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Find and fix problems before they start with actionable data and predictive intel

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Automate tasks with artificial intelligence (AI), getting smarter over time

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Create a seamless, enjoyable billing experience for clients and knowledge workers

We cracked the code on how to turn these building blocks into a powerful AI solution to AR problems.

 

We call it Intelligence-Based BillingTM. 

Stop leaving money on the table

Stop wasting time

Start getting paid on time, every time by happy clients

How Intelligence-Based BillingTM works for your firm

 

Intelligence-Based BillingTM is made of configurable modules:
Invoicing, Collections, Payments, Analytics.

 

We built these modules alongside teams at leading accounting firms to solve problems at each stage of the AR journey—modules can be used independently, or used together for greater benefits.

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Invoicing

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The Old Way: MPs and CFOs worry about leaving money on the table, while Partners waste time on tasks like invoice prep.

The Anduin Way: AI eliminates the pain, anxiety, and wasted time, and creates an automated, optimized billing experience.

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Features

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  • Invoices are auto-drafted and AI-optimized
  • Invoices can be edited or set for auto-approval
  • Real-time analytics ensure invoice integrity
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Differentiation

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  • Integrates with cloud and on-prem systems
  • Invoices employ behavioral economics
  • AI-created invoices save time, grow revenue
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Collections

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The Old Way: A Partner forgot to send the invoice, net-30 turns into net-90, and the collections fire drill starts.

The Anduin Way: AI prevents dropped balls and drives on-time payment with smart, automated collections outreach.

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Features

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  • AI recommends outreach plan for each client—message, schedule, mode (email, SMS, phone)
  • "Smart auto-pilot" manages outreach and can escalate to staff based on client behavior
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Differentiation

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  • Less wasted time and "dropped balls"
  • AI optimization increases speed of payment
  • AI studies client behavior and gets smarter over time
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Payments

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The Old Way: Clients type 16-letter invoice codes on a 1990s-style portal. Finance burns time manually posting payments.

The Anduin Way: A 1-click payment experience for clients. Faster cash flow, better data, and less wasted time.

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Features

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  • Personalized, modern client experience 
  • Syncs with PM system to auto-reconcile data
  • "Tier Alpha" transaction rates
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Differentiation

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  • Saves money with superior CC and ACH fees
  • 1-click payments for a seamless experience
  • No manual payment reconciliation
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Analytics

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The Old Way: An old BI report spits out lots of numbers, but no insight on root causes of problems or solutions.

The Anduin Way: Real-time data fuel recommendations and insights. Dynamic tools model the impact of action. 

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Features

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  • Real-time insight on key AR metrics
  • Stack-rank analysis (service- and staff-level)
  • Control AR firm-wide (ex: write-off rules)
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Differentiation

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  • Real-time data, dynamic cash flow modeling
  • Apply "peer pressure" with stack rankings
  • Benefits and insights of centralized billing

Join our Trailblazer Program

 

We built Intelligence-Based BillingTM alongside leading accounting firms and will make the platform available industry-wide on May 1, 2021.

 

For early access contact us today! (Space is limited.)