Daylit
To be verified
AI-powered platform for accounts receivable and working capital solutions.
Daylit is an AI-powered Receivables Intelligence platform that helps businesses get paid faster and stop chasing customers. It leverages AI agents to automate accounts receivable operations, supercharge manual collections, and forecast cash flow. Beyond A/R intelligence, Daylit offers a comprehensive suite of working capital solutions including FundNow (accounts receivable financing), OfferTerms (extending payment terms to customers), PayLater (accounts payable financing/reverse factoring), and DrawDown (revolving line of credit for major investments). The platform aims to provide an all-in-one solution for managing cash flow, automating collections, and accessing flexible funding options across various industries.
- Accelerate cash collection from customer invoices.
- Reduce time spent on manual collections and follow-ups.
- Identify and mitigate at-risk accounts early.
- Access fast funding for major investments or expansion projects.
- Delay payments to vendors while ensuring they get paid upfront.
- Offer flexible payment terms to customers to close bigger deals.
- Secure early pay and bulk purchase discounts from suppliers.
- Smooth out cash flow fluctuations and manage daily operational expenses.
- Finance materials for larger customer orders or inventory needs.
- Businesses can use Daylit by integrating its AI agents to automate their accounts receivable processes
- track receivables
- and forecast cash flow. For working capital needs
- users can apply for specific products like FundNow
- OfferTerms
- PayLater
- or DrawDown directly through the platform. The application process is quick (5-10 minutes)
- often providing instant decisions and funding within 24-48 hours
- with vendor payments or direct funding typically available the next business day after invoice upload. Users manage their finances and monitor credit usage via an intuitive online dashboard.
