kapittx

Kapittx is an online tool that makes managing accounts receivable easier for businesses. It started in 2019 and is based in Pune, India. Kapittx helps businesses get paid faster and more efficiently.

Key Features

Kapittx has many features to make managing accounts receivable simple. Some of the best features are:

• Payment Reminders. It automatically sends reminders to ensure payments are made on time.
• Document Tracking Automation. It keeps track of all important documents related to invoices.
• Dunning Management. It helps manage overdue accounts effectively.
• Risk Minimization Tools. It provides tools to minimize forecast risk and improve financial planning.

Benefits

Using Kapittx can bring several benefits to businesses:

• Improved Efficiency. It automates many manual tasks in accounts receivable, saving time and reducing errors.
• Faster Payments. It helps collect payments more quickly, improving cash flow.
• Better Risk Management. It provides tools to minimize financial risks and forecast more accurately.

Use Cases

Kapittx is useful for any business that needs to manage accounts receivable. It is particularly beneficial for:

• Small to Medium-Sized Businesses. It helps manage cash flow and ensure timely payments.
• Large Enterprises. It provides tools to handle complex accounts receivable processes efficiently.
• Financial Institutions. It offers advanced risk management tools to minimize financial risks.

Cost/Price

The cost of using Kapittx is not explicitly mentioned in the article. However, the platform''s features and benefits suggest it offers value for money, especially considering its positive impact on cash flow and efficiency.

Funding

Kapittx has raised a total of 642000 dollars over 2 rounds. The latest funding round was a seed round on Jun 06 2022, raising 609000 dollars. The company''s valuation as of Jun 06 2022, is 9.88 million dollars. Investors include Up Funds, Upekkha, Rita Naik, Asish Mohapatra, V Narasimhan, Yezdezard Zerxes Lashkar, Arth Mahendrakumar patel, Manvendra Singh Tomar, Tamarish Sinha.

Reviews/Testimonials

Users have praised Kapittx for its user-friendly interface and efficiency in managing financial data. Key features appreciated by users include automated weekly collection reports, real-time visibility into accounts, a single dashboard that eliminates the need for spreadsheets, ease of use, improved payment collection by 40%-45%, and bulk document upload. Users have suggested improvements such as adding a payable feature, sending periodic reminders, and displaying numbers in decimal form.