Forwardly

Forwardly enables U.S. businesses and accounting firms to move money with greater speed, accuracy, and control. Its AI-native platform automates both accounts payable and receivable, allowing organizations to send and receive payments instantly while syncing with accounting software and ERP systems. Built for firms and finance teams aiming to eliminate manual work, Forwardly aims to transform fragmented payment workflows into one streamlined, fully automated process, cutting manual AP/AR labor by up to 80% through automation.

• AI-powered bill capture: Forwardly reads each line item on an invoice, extracts key data, and creates ready-to-approve bills in seconds, reducing manual data entry and minimizing errors.
• 4-way accounting sync: A multi-layer sync automatically updates bills, payments, categories, and clearing accounts to ensure financial records remain complete, accurate, and audit-ready.
• Instant, same-day, and next-day payments: Businesses gain flexibility to choose the optimal payment speed for their cash flow. Instant payments arrive in seconds, helping companies pay suppliers on time and eliminate late fees.
• Automated receivables: Forwardly simplifies client billing with smart invoice matching, automated reminders, and transparent tracking to improve cash collection and reduce DSO.
• Approval workflows for teams: Customizable roles, thresholds, and multi-step approvals help maintain internal controls and enforce segregation of duties, supporting CFOs, controllers, and accounting firms serving multiple clients.
• No subscription fees: Forwardly offers its automation and payments infrastructure with no monthly cost, lowering the barrier to adoption and improving ROI from day one.