Also known as: Theorem
Autopilot for Accounts Receivable
Company is closed
Event Year: 2014
Company is closed
Event Year: 2014
Paid provided an API solution designed to streamline and automate accounts receivable processes for businesses. By offering seamless integration into existing tech stacks, Paid aimed to simplify expense tracking, invoice generation and distribution, payment reminders, and account reconciliation. The platform promised to deliver these capabilities with minimal development effort, estimated at around 30 minutes. Paid's core functionality centered on automating every stage of accounts receivable, enabling users to create, issue, and process invoices with minimal code. This automation was intended to free up valuable time for businesses to concentrate on their primary operational tasks. Furthermore, Paid emphasized customization, allowing businesses to tailor the platform to their specific branding, billing terms, and payment methods. The platform also offered comprehensive tracking and reporting features, providing insights into outstanding revenue, overdue payments, and payment patterns, accessible through a dashboard and exportable for accounting purposes. Paid's architecture was designed to scale, accommodating businesses ranging from small startups to large enterprises without the typical scaling challenges.
Paid provided an API solution designed to streamline and automate accounts receivable processes for businesses. By offering seamless integration into existing tech stacks, Paid aimed to simplify expense tracking, invoice generation and distribution, payment reminders, and account reconciliation. The platform promised to deliver these capabilities with minimal development effort, estimated at around 30 minutes. Paid's core functionality centered on automating every stage of accounts receivable, enabling users to create, issue, and process invoices with minimal code. This automation was intended to free up valuable time for businesses to concentrate on their primary operational tasks. Furthermore, Paid emphasized customization, allowing businesses to tailor the platform to their specific branding, billing terms, and payment methods. The platform also offered comprehensive tracking and reporting features, providing insights into outstanding revenue, overdue payments, and payment patterns, accessible through a dashboard and exportable for accounting purposes. Paid's architecture was designed to scale, accommodating businesses ranging from small startups to large enterprises without the typical scaling challenges.
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2014
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2014
B2B
B2B
B2B -> Finance and Accounting
B2B -> Finance and Accounting
Team size: 2
Hiring: No
Team size: 2
Hiring: No