What does Extend AI Copilot do?

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Extend AI Copilot is a accounts receivable automation software that enables B2B finance teams to transform their accounts receivable process by collecting receivables faster, reducing DSO, closing disputes effortlessly, and minimizing bad debt. This makes the overall accounts receivable management seamless and enhances collections efficiency. Collaborative communication is at the center of Extend AI Copilot’s accounts receivable technology, bringing together finance, accounts receivable, sales, and customer support teams to help resolve issues and disputes efficiently, which ultimately leads to increased cash ow.

Can Extend AI Copilot integrate with Oracle Netsuite?

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Yes, Extend AI Copilot is ERP agnostic and can integrate with most ERP/ accounting system, including QuickBooks, Xero, Netsuite, Sage, Microsoft Dynamics 365, Oracle, and more.

Can Extend AI Copilot help me and the gaps in my current Accounts Receivable process?

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Absolutely! Yes, we would be happy to schedule a call with you to understand your current accounts receivable process, identify areas of improvement, and suggest appropriate solutions. You can reach out to us by email at info@tryextend.com .

What is the Pricing for Extend AI Copilot?

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Our pricing usually comprises two components, including a one-time setup fee and an annual recurring platform fee. We offer customized pricing tailored to your specific business needs, and you can discuss your requirements with us during a call.

How can Extend AI Copilot help me reduce payment delays?

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By using Extend AI Copilot’s collaborative accounts receivable automation software, you can integrate finance, sales, and customer support teams to ensure that no information falls through the cracks. In addition, you can take advantage of our prioritized collection worklist, multi-channel payment reminders, predefined dunning templates, and real-time risk alerts to stay on top of unpaid invoices, reduce payment delays, and decrease DSO.

How long does it take to get started and implement Extend AI Copilot for my organization?

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It completely depends on the complexity of the scope. Typically it takes us 1 week for the complete setup and go-live of our Accounts Receivable tool.

How can Extend accounts receivable software benefit my business?

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Extend AI Copilot’s accounts receivable software offers advanced features such as automated workflows, real-time tracking, and data-driven credit decisioning, invoice factoring all aimed at optimizing accounts receivable management and maximizing cash flows.

Does Extend AI Copilot’s accounts receivable software integrate with other systems?

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Yes, Extend AI Copilot’s accounts receivable software offers native integration with ERP/CRM systems to ensure seamless data synchronization and eliminate manual errors in accounts receivable management processes.

How does Extend AI Copilot’s accounts receivable software handle invoice disputes?

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Extend AI Copilot’s accounts receivable software offers centralized communication channels, real-time dispute tracking, and customizable dispute workflows, enabling businesses to resolve invoice disputes faster and close process silos efficiently.

Does Extend AI Copilot’s accounts receivable software support automated invoice sending?

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Yes, Extend AI Copilot automates the process of sending invoices via email and APIs into the buyer’s inbox, eliminating manual efforts and ensuring timely delivery of invoices to customers.

Can Extend AI Copilot’s accounts receivable software help prioritize collection efforts?

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Absolutely. Extend AI Copilot’s accounts receivable software provides prioritized worklists and predictive analytics to identify high-risk accounts, enabling businesses to maximize collections efficiency and minimize manual dunning.

How does Extend AI Copilot’s handle cash application?

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Extend AI Copilot’s accounts receivable software leverages API technology to read through remittance data and bank account statements, match invoices with payments, automate cash posting, and update invoice payment matching in ERP systems, ensuring accurate and efficient cash application processes.

Does Extend AI Copilot’s accounts receivable software offer invoice factoring?

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Yes, Extend AI Copilot includes invoice factoring as part of its comprehensive suite of accounts receivable solutions. With this feature, businesses can unlock immediate cash ow by selling their unpaid invoices to trusted financial partners directly through the platform.
How It Works:
1. Select Invoices: Identify the invoices you want to factor directly within the Extend AI Copilot dashboard.
2. Partner Integration: Our platform connects seamlessly with factoring partners to evaluate and approve invoice factoring requests.
3. Get Paid Faster: Once approved, receive immediate payment for the selected invoices, improving cash ow and enabling better working capital management.

Can Extend AI Copilot improve communication between buyers and sellers?

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Absolutely. Extend AI Copilot’s accounts receivable software provides centralized communication channels, event timelines, and dashboard features to facilitate seamless communication and collaboration between buyers and sellers.

How does Extend AI Copilot’s accounts receivable software handle payment advices?

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Extend AI Copilot’s accounts receivable software automates follow-ups for payment advices and auto-extraction of payment-related information from emails and buyer dashboards, ensuring efficient communication and record-keeping.

Can Extend AI Copilot’s accounts receivable software help with accurate cash forecasting?

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Yes, Extend AI Copilot’s accounts receivable software provides advanced analytics and buyer data insights, enabling businesses to accurately forecast cash flows and make informed financial decisions.

Does Extend AI Copilot’s offer automated phone call reminders?

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Yes, Extend AI Copilot offers automated phone call capabilities powered by Large Language Models (LLMs). This feature enables the system to conduct natural, human-like voice interactions, facilitating tasks such as payment reminders, customer support, and account updates. By leveraging LLMs, Extend AI Copilot ensures that these automated calls are contextually relevant and responsive to customer inquiries, enhancing the efficiency and effectiveness of your accounts receivable processes.