Overview
Modern develops AI-supported receivables operations from collections through cash application.
What Modern does
Modern automates accounts receivable across the order-to-cash process. It works with existing invoices, customer records, banks and payment channels to help finance teams collect payments, reconcile cash and investigate deductions.
Collections workflows manage customer outreach, while payment links give customers a way to settle invoices. Cash application matches payments and remittance information to the correct accounts and invoices. Disputes and deductions bring together purchase orders, delivery evidence and the history needed to investigate a short payment.
The platform is designed for finance teams operating their own receivables function, with integrations into their ERP and banking environment. Governed outreach and an audit trail keep follow-up and recovery work attached to the underlying invoice. Credit-risk functionality is separately presented as coming soon.
Company details
- Founded
- 2026
- Team size
- 2 (YC-listed team)
Founders & leadership
Investors & backers
Y Combinator
