AI Agents: Daily AR/AP Assistant
Chasing overdue invoices and keeping up with bills is a daily grind that business owners rarely have time for. Today, over 50% of global B2B invoices are overdue, 80% of companies report payment fraud due to lagging processes, and only 23% of SMBs have fully automated bill payment. An AI agent working on a schedule changes this: every morning at 8am, it reviews receivables and drafts follow-up emails to overdue accounts, stages payments for bills coming due, and flags potential cash-flow issues in the next five days before they become overdrafts or missed payroll.
Benefit
Put routine financial operations on autopilot while the business stays in control. The agent handles the collecting, aggregating, and analyzing — surfacing what's unusual, like a balance trending toward zero or a missed recurring payment — so the company starts each day with drafted collection emails, queued bill payments, and a clear five-day cash outlook.
Current State without Paywhere
Today this is managed by manual work, portal logins, spreadsheet tracking, and businesses chasing invoices and paying bills whenever they find the time.
Why Paywhere
Paywhere gives AI agents secure, bank-branded access to real-time balances, transactions, and payment rails, so scheduled workflows run on accurate, structured data with every action governed by the institution's own controls.