numberz is a B2B startup that aims to revolutionize the traditional enterprise AR space. Founded in 2015, the company is headquartered in India and has offices in Gurgaon, Mumbai, and Bengaluru. With a slogan of "An intelligent Receivable & Collections platform that makes Getting Paid Faster, Easier & Predictable", numberz addresses the pressing issue of unpaid invoices that lead to a staggering USD 1.1 Tn stuck in outstanding payments, as highlighted by a PWC working capital study 2018. Moreover, Euler Hermes 2018 Economic Insights asserts that 1 in 4 companies worldwide experience delayed payments.
numberz's solution is a secure, cloud-based enterprise platform that aims to significantly improve the speed, efficiency, and effectiveness of collections, ultimately enhancing the working capital of businesses. The company has gained attention from prominent investors such as Sequoia Capital, Kae Capital, and Khosla Impact, who participated in a $650.00K Seed Round investment on 21 November 2016.
Founded by Aditya Tulsian, Rajeev Chari, and Baskar Ganapathy, who bring diverse experience from Diamond Consulting, Intuit India, SAS India, Coca-Cola, Ford India, Amdocs, AT&T, and more, numberz is focused on disrupting the AR space by introducing innovation in the previously manual processes. The company is striving to expand its reach beyond ERP and Accounting solutions by integrating other Financial Services such as banking and insurance products, catering directly to small and large corporates' 'money-in' operations.
numberz's endeavor is to make accounts receivables faster, easier, predictable, and insights-driven, by offering a solution that integrates with core banking platforms and leading ERPs, automating many of the current accounts receivable workflows while providing actionable AR insights. As the company continues to innovate and disrupt, it exemplifies strong potential in the Financial Services, Fintech, Information Technology, SaaS, and Banking industries.