40Seas has unveiled its pioneering Global Accounts Receivable platform, which harnesses the power of artificial intelligence (AI) to centralize and streamline invoice data management. This platform is crafted to optimize various aspects of the accounts receivable process, including reconciliation, payment collection, and extended payment terms to clients.
The platform’s ability to centralize invoice data allows businesses to effectively monitor payment statuses, manage due dates, accelerate invoice approvals, and significantly mitigate the risk of payment delays. This comprehensive consolidation of financial information gives companies real-time visibility and enhanced control.
“In today’s increasingly congested supply chain landscape, improving cash flow management through automation is an absolute prerequisite for longevity,” CEO Eyal Moldovan said. “Our real-time tracking enables companies to easily monitor invoice statuses, identify bottlenecks, optimize workflows and drive business growth.”
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