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Transform Your Cash Flow with Inwisely: The Leading Accounts Receivable Automation Tool

Category: Finance (Writing Tools)

Transform your invoicing with Inwisely's Accounts Receivable Automation. Boost cash flow by 40%, improve collections by 45%, and reduce DSO by 30%.

About inwisely

Inwisely is a cutting-edge Accounts Receivable Automation tool designed to transform the way businesses manage their invoicing and payment processes. With its user-friendly interface and powerful features, Inwisely helps organizations streamline their invoice communications, payment follow-ups, and overall accounts receivable management.

Key Features and Benefits

1. Inwisely claims to improve cash flow by an impressive 40%. This is achieved through automated reminders and efficient tracking of overdue invoices, allowing businesses to maintain a healthier financial status.

2. The platform boasts a 45% improvement in collection effectiveness. By automating payment follow-ups, Inwisely ensures that businesses can focus on growth rather than chasing unpaid invoices.

3. Users can expect a 30% reduction in DSO, which is crucial for maintaining liquidity. This feature allows businesses to receive payments faster, enhancing their operational efficiency.

4. Inwisely provides real-time analytics that track essential metrics for receivables. Users can monitor their Day Sales Outstanding, Collection Effectiveness Index, and Bad Debt Ratio, ensuring they stay informed about their financial health.

5. The platform integrates with most accounting tools, making it easy for businesses to incorporate Inwisely into their existing workflows. If a specific tool is not supported, Inwisely can typically integrate it within a week.

6. Inwisely allows for customer-specific workflows, ensuring that each client receives tailored communication. This personalization can lead to better customer relationships and improved payment rates.

7. Inwisely offers various pricing tiers, including a Standard plan at $139/month, which includes essential features like actionable insights and excellent tech support. The Standard Plus plan provides additional benefits such as on-premise deployment and unlimited users, catering to diverse business needs.

8. Users have reported significant time savings and increased payment rates. One satisfied customer noted that 95% of invoices followed up using Inwisely were paid, highlighting the tool's effectiveness in enhancing collection processes.

Inwisely is an invaluable asset for finance professionals looking to optimize their accounts receivable processes. By automating invoice management and providing insightful analytics, it allows businesses to focus on growth rather than administrative tasks. With its commitment to human support and a robust feature set, Inwisely stands out as a top choice for organizations aiming to improve their cash flow and collection efficiency.

List of inwisely features

  • Accounts Receivable Automation
  • Streamline invoice communications
  • Payment follow-ups
  • Improve cash flow
  • Improve collection effectiveness
  • Improve DSO
  • Invoice Lifecycle tracking
  • Real-time Analytics
  • Track receivables metrics
  • Accounting tool integrations
  • Automated payment reminders
  • Customer-specific workflows
  • Debtor categorization
  • Excellent tech support
  • On-premise deployment (Optional)
  • Supported onboarding
  • Invoice insights
  • Custom pricing

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