Invoiced is a leading accounts receivable automation platform designed to help businesses streamline their billing processes, enhance cash flow, and improve customer satisfaction. The platform automates the entire invoice-to-cash cycle, including invoice generation, payment processing, and reconciliation, reducing manual effort and minimizing errors. Invoiced is particularly beneficial for medium to enterprise-sized companies that handle a high volume of transactions or have recurring billing needs.
Invoiced was founded in 2012 by Jared King and Parag Patel. The company started with a mission to simplify the invoicing process for businesses and has since grown significantly. Over the years, Invoiced has expanded its product offerings and customer base, becoming a recognized leader in the accounts receivable automation space. The company has been named to the Inc. 5000 list of America's fastest-growing private companies, highlighting its impressive growth trajectory.
Invoiced has received funding from various investors, including Capital Factory, an accelerator and incubator. The company was acquired by Flywire in August 2024 for $52.3 million, marking a significant milestone in its growth journey. This acquisition has further strengthened Invoiced's position in the market and expanded its capabilities.
Invoiced offers a comprehensive suite of features designed to automate and optimize accounts receivable processes. Key features include automated invoicing, payment processing, subscription management, AI-powered reconciliation, fraud detection, customizable invoice templates, multi-currency and multi-language support, real-time analytics, and seamless integration with various accounting systems. These features collectively help businesses improve efficiency, reduce errors, and enhance cash flow management.
Invoiced was acquired by Flywire in August 2024. This acquisition has allowed Invoiced to expand its product offerings and enhance its capabilities. Flywire's global payment network, which supports diverse payment methods in over 140 currencies across 240 countries, complements Invoiced's accounts receivable automation platform. This combination provides a comprehensive solution for businesses looking to streamline their financial operations.
Invoiced continuously updates its platform with new features and improvements. Recent additions include enhanced payment processing options, new integrations with ERP and CRM systems, AI-powered cash application capabilities, and advanced subscription billing features. These updates ensure that Invoiced remains at the forefront of accounts receivable automation, providing businesses with the tools they need to succeed.
Invoiced prides itself on fostering a positive and inclusive company culture. The company values innovation, customer satisfaction, and teamwork. Employees are encouraged to collaborate, share ideas, and contribute to the company's growth and success. Invoiced's commitment to these values has helped it build a strong, motivated team dedicated to delivering exceptional service to its customers.
Invoiced serves a diverse user base, including businesses of all sizes across various industries. The platform is used by thousands of customers in over 90 countries, processing billions of dollars in receivables annually. Invoiced's user community benefits from comprehensive support resources, including detailed documentation, training materials, and a customer portal that allows users to manage their accounts and access support easily.
