Received AI
Overview of Received AI
Received AI: The B2B Billing & Revenue Management Platform
What is Received AI? Received AI is the first B2B Billing & Revenue management platform designed for B2B finance teams managing custom contracts and complex pricing models. It helps streamline operations and prepares businesses for growth by automating various billing processes.
Key Features and Benefits:
- Automate Sales-Led Contracts: Manage sales-led customers and automate contract-based billing for bespoke multi-year contracts with various products and pricing models.
- Automate Self-Serve Subscriptions: Embed Received into your website to manage self-led customers and auto-charge self-serve contracts.
- Automate Partner Management: Manage referral and reseller billing, automate partner fees and sales commissions, and monitor partner activity.
- Pricing Configuration: Flexible pricing configuration to support any model, any time.
- Integrated Payments: Supports card, wire, or crypto payments.
- Usage Billing: Track usage via CSV, API, or manual input.
- Contract Management: Manage self-serve, sales-led, or partner contracts.
- Automated Reconciliation: Automates card and auto-charge reconciliation.
- Integrations: Integrates with ERP, CRM, PSP, and Tax systems.
- Invoicing Automation: Automated contract-based billing.
- Revenue Recognition: Compliant with ASC606 and IFRS15 standards.
- Analytics: Provides real-time, accurate data for better decision-making.
How Received AI Works:
Received AI functions as a 'spreadsheet-in-a-system', enabling users to create and automate any pricing model for any customer type, including subscriptions, usage, services, or hybrid models. It consolidates all B2B revenue streams into one place, catering to self-serve customers, sales-led contracts, and channel partners.
The platform's analytics provide in-depth insights into financial operations, enabling better business decisions faster. The customer-centric design ensures an intuitive and seamless user experience.
Why is Received AI important?
Received AI eliminates manual spreadsheet processing, scalability limitations, and faulty data by automating billing processes. This leads to reduced billing time, fewer late payments, and improved financial visibility.
Customer Success Stories:
Pattern: By automating contract-based billing with Received, the Finance team at Pattern cut down 3-4 days of CSV processing, gained real-time visibility for the first time, and now has the scalability to grow with no capacity limitations.
Heron Data: Using Received, Heron Data reduced billing time from 5 days to a few hours and collected 70% of payments in one day.
Key Benefits Highlighted by Users:
- Streamlined billing process
- Reduced late payments
- Clearly defined pricing models that can be adjusted as needed
- Increased business model flexibility
- Improved scalability
Received AI is designed for B2B companies with complex billing needs, offering a comprehensive solution to automate and manage their revenue streams efficiently. It's a platform built for B2B complexity, allowing businesses to focus on growth while Received handles the intricacies of billing and revenue management.
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