DSO down.
Without the meetings.
Every invoice you raise — aged, forecast, chased. Open's receivables agent drafts the follow-up, tracks promise-to-pay, escalates by ageing, and matches inbound credits to the right invoice automatically.
Every customer. Every bucket. Live.
Open's receivables view isn't a monthly close report. It's live — every invoice aged in real time, every promise-to-pay tracked, every customer's payment pattern learned and used to predict the next collection.
- 01Live ageing across every customer, every invoice — refreshed the moment a bank credit lands and matches.
- 02Customer-level DSO and payment-pattern profile — predict when each customer typically pays, and flag deviations.
- 03Auto-matching inbound credits to invoices — UTR + reference + amount + customer entity reconciled in real time.
- 04Promise-to-pay tracker — capture verbal commitments from customer calls, follow up automatically at the promised date.
- 05Concentration alert — when one customer crosses a configurable % of outstanding AR, your CFO gets a flag.
Drafts the email. You hit send.
The receivables agent watches every invoice. When ageing crosses a threshold, it drafts the right follow-up — polite at day 30, firmer at day 60, escalation at day 90 — addressed to the right person in the customer's AP team.
Gentle reminder
A polite confirmation that the invoice is on file, with the due date and payment instructions. Reduces "we never got it" claims.
First chase
Direct, factual — "this invoice is now overdue, please confirm settlement date." Drafted in your brand voice.
Escalation
Auto-CCs your relationship owner and the customer's AP head. Restates terms, references the PO, includes a settlement options menu.
Recovery handoff
Final demand drafted, ageing report attached, dispute log compiled. Hand off to recovery counsel or arbitration with one click.
Verbal commitments
Capture verbal "we'll pay by Friday" promises from calls. Agent watches the date, escalates if it slips.
Quality issues
tracked
When AP cites a quality dispute, the agent logs it, links to the GRN/invoice, routes to ops, and pauses the chase clock until resolution.
Credit lands. Invoice closes. No spreadsheet.
When a customer's payment hits your bank account, Smart Statement tags it. The receivables agent matches it to the right open invoice — by UTR, by amount, by reference, by counterparty graph — and closes the line.
- 01UTR / IFSC matching — pull the bank's reference, find the invoice, close the line. Sub-second.
- 02Amount + customer entity reconciliation when UTR is absent — pattern-match against the customer's payment history.
- 03Partial-payment handling — split inbound credit across multiple invoices, track residual balance.
- 04Unidentified credits queue — what couldn't be matched is surfaced for a human in seconds, not days.
- 05ERP write-back — every matched credit posted to Tally / Zoho / NetSuite with the correct GL code.
Your DSO. Without the chase.
Every invoice watched. Every credit matched. Every overdue followed up — by an agent that doesn't take Mondays off.