Inwisely

0.00

Inwisely streamlines invoicing and payment follow-ups, improving cash flow and reducing Days Sales Outstanding by 30%.

Visit website

What is Inwisely?

Inwisely is a tool designed to streamline invoice communications, payment follow-ups, and accounts receivable management. It aims to improve cash flow by 40%, collection effectiveness by 45%, and decrease Days Sales Outstanding (DSO) by 30%. Inwisely offers features like actionable insights on overdue invoices, real-time receivable analytics, automated payment reminders, customer-specific workflows, accounting tool integration, excellent tech support, and debtor categorization. It also provides different pricing tiers, such as the Standard plan at $139/month and the Standard Plus plan with additional features like on-premise deployment, email intelligence, and unlimited users. Inwisely is trusted by brands across startups, small to medium-sized businesses (SMBs), and mid-market companies. It integrates with various accounting tools and boasts a high success rate in getting invoices paid on time.

Who created Inwisely?

Inwisely was created by a team led by its founder, and the company was launched on June 6, 2023. The platform focuses on streamlining invoice management, reducing DSO, and boosting collection effectiveness through automated communication workflows and real-time analytics. Inwisely is dedicated to providing human support despite being AI-powered, emphasizing efficiency and personalized assistance to users.

What is Inwisely used for?

On-premise deployment
Actionable Insights on overdue invoices
Real-time Receivable analytics
Automated payment reminders
Customer-specific workflows
Accounting Tool Integration
Debtor categorization
On-premise deployment (Optional)
Supported onboarding
Email Intelligence
Invoice insights
Streamline invoice communications
Automate payment follow-ups
Manage accounts receivable efficiently
Real-time analytics for receivables
Improve cash flow
Boost collection effectiveness
Reduce days sales outstanding (DSO)
Integration with accounting tools
Automated communication workflows
Excellent Tech support
Streamlining invoice communications
Automating payment follow-ups
Improving Accounts Receivable
Accounting tool integrations

Who is Inwisely for?

Finance professionals
Accountants
Accounts Receivable Teams
Finance Managers
Accounting professionals
Account Managers

How to use Inwisely?

To use Inwisely effectively, follow these steps:

Sign Up: Create an account on Inwisely and choose a pricing plan based on your needs.
Upload Invoices: Easily upload invoices through manual upload, connecting accounting software, or emailing them to Inwisely.
Automate Follow-ups: Let Inwisely automate payment follow-ups with personalized emails to customers based on AI-suggested sequences.
Monitor Communication: Utilize the monitoring feature to track communication history with customers for each invoice.
Integrate Tools: Benefit from integration with major ERPs and accounting tools for seamless data exchange.
Ensure Security: Inwisely prioritizes data security with encrypted storage on AWS.
Manage Users: Assign different account managers to specific customers and track email statuses for effective communication.
Capture Commitments: Capture promise-to-pay commitments and execute workflows on promised dates to ensure timely payments.
Access Real-Time Analytics: Keep track of metrics that matter for your receivables with real-time analytics.
Contact Support: Reach out to the support team for any questions or assistance.

By following these steps, you can streamline invoice management, reduce DSO, and enhance collection effectiveness using Inwisely's automation and analytics features.

Inwisely Pricing and plans

Paid plans start at $139/month and include:

Actionable Insights on overdue invoices
Real-time Receivable analytics
Automated payment reminders
Customer-specific workflows
Accounting Tool Integration
Excellent Tech support

Inwisely FAQs

What is Inwisely?: Inwisely is an AI-powered platform that automates account receivable processes for businesses, 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.

How does Inwisely help streamline invoice management?: Inwisely automates the process of sending personalized emails to customers for payment follow-ups, provides a monitoring feature to track the history of communication with customers for each invoice, offers integration with major ERPs and accounting tools, and enables capturing promise-to-pay commitments for timely payments.

What are the key features of Inwisely?: Key features of Inwisely include AI-suggested follow-up sequences, invoice upload and automation, monitoring of communication history, integration with ERPs and accounting tools, multiple user support, data security with encrypted storage on AWS, and promise-to-pay workflows.

How does Inwisely handle follow-up communications with customers?: Inwisely allows users to choose follow-up sequences suggested by AI, automates the process by sending personalized emails to customers, provides monitoring of communication history for each invoice, and supports tracking the status of sent emails such as delivery, opening, and replies.

Can Inwisely integrate with accounting tools and ERPs?: Yes, Inwisely offers integration with major ERPs and accounting tools, ensuring seamless data exchange for efficient invoice and payment management.

How does Inwisely ensure data security?: Inwisely prioritizes data security by providing encrypted storage on AWS to safeguard sensitive information related to invoices and payment transactions.