Ali, the founder of Tabs, has spent the past year focused on building a groundbreaking solution for a challenge he knows all too well from his years of experience in the industry. He recognized that at the core of B2B companies lie their customer contracts. However, once these deals are signed, the process of managing the downstream workflows—particularly around invoicing and receivables—becomes painfully inefficient. This inefficiency results in less than 50% of invoices being paid on time, collections becoming disorganized, and revenue reporting turning into a labor-intensive task.
With Tabs, Ali has created an AI-powered platform that addresses these issues by automating the entire receivables lifecycle. The software is designed to understand, structure, and organize various contracts, transforming the tedious, error-prone work of invoicing and cash application into a streamlined process. This innovative approach is a vast improvement over traditional ERP systems and other billing solutions, offering finance teams the seamless experience they’ve come to expect in other areas like A/P and payroll. Backed by Lightspeed and other key partners such as One Way Ventures, Tabs is already delivering significant value to its users, allowing them to collect payments faster and save valuable time.
