Fazeshift is a Software as a Service (SaaS) platform in the FinTech sector, designed to automate accounts receivable processes for enterprises of all sizes. By leveraging artificial intelligence, Fazeshift streamlines invoicing, cash application, and collections, enabling finance teams to reduce manual workloads and enhance cash flow management. Key benefits include a significant reduction in accounts receivable costs, time savings, and improved cash flow.

What are the main features of Fazeshift?

Automated Invoicing: Transform contracts into invoices swiftly

Fazeshift's AI-driven system extracts complex billing terms from sales contracts and converts them into accurate invoices instantly. This automation reduces errors and accelerates the billing cycle.

• AI-powered data processing: Automatically processes customer and contract information.

• Variable billing management: Handles diverse billing terms with precision.

• Built-in validation: Ensures invoices are error-free before dispatch.

Cash Application Automation: Streamline payment matching

The platform automates the matching of incoming payments to outstanding invoices, regardless of payment method—ACH, wire transfers, credit cards, or checks. This feature enhances accuracy and provides real-time financial updates.

• Automatic payment matching: Aligns payments with invoices seamlessly.

• Accounting software integration: Synchronizes with existing systems for up-to-date records.

Collections Management: Ensure timely payments

Fazeshift automates the collections process by sending timely reminders and managing escalation workflows. This proactive approach helps maintain predictable cash flow and reduces Days Sales Outstanding (DSO).

• Automated reminders: Notifies customers of upcoming or overdue payments.

• Intelligent escalation: Manages follow-ups based on payment behaviors.

Real-Time Analytics: Gain comprehensive financial insights

The platform provides real-time notifications and alerts, offering complete visibility into accounts receivable activities. This enables finance teams to stay informed and take prompt action when necessary.

• Real-time notifications: Alerts users to significant events or required actions.

• Comprehensive dashboards: Displays key metrics and performance indicators.

Seamless Integration: Connect with existing tools effortlessly

Fazeshift integrates with a variety of enterprise tools, including Salesforce, HubSpot, DocuSign, Stripe, QuickBooks, NetSuite, and Gmail. This compatibility ensures a smooth implementation process and enhances operational efficiency.

• API connectivity: Facilitates integration with various platforms.

• User-friendly interface: Simplifies adoption and daily use.

Why choose Fazeshift?

• Significant cost reduction: Achieves up to 90% reduction in accounts receivable costs.

• Time efficiency: Saves up to 90% of time spent on manual AR tasks.

• Improved cash flow: Enhances cash flow by up to five times.

• Reduced DSO: Decreases Days Sales Outstanding by up to 50%.

• Scalable solution: Adapts to the needs of growing enterprises.