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40Seas Launches AI-Powered Global Accounts Receivable Platform

40Seas Launches AI-Powered Global Accounts Receivable Platform
40Seas has launched a Global Accounts Receivable platform that is powered by AI and centralizes invoice data in a single dashboard.

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40Seas has introduced a new Global Accounts Receivable platform that utilizes artificial intelligence to centralize invoice data in a single dashboard. This platform aims to help companies streamline the reconciliation process, collect payments, and offer extended payment terms to their customers. Eyal Moldovan, co-founder and CEO of 40Seas, stated that the platform is designed to replace manual AR processes that are prone to errors and undermine productivity. The company's real-time tracking capabilities enable companies to easily monitor invoice statuses, identify bottlenecks, optimize workflows, and drive business growth. 40Seas, which emerged from stealth in January 2023, has secured significant funding to support its mission of digitizing and streamlining key steps in B2B global trade.

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