Cartwheel

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Cartwheel is a specialized accounts receivable automation platform designed exclusively for staffing agencies, funding companies, and employers of record . By automating the entire invoice-to-payment process, Cartwheel enables organizations to accelerate cash flow, reduce manual tasks, and gain actionable financial insights. Its configurable solutions integrate seamlessly with existing systems, ensuring a smooth transition without the need for extensive change management. Key Features and Functionality: - Automated Invoice-to-Payment Process: Streamlines AR operations, allowing faster and more efficient payment cycles. - Seamless Integration: Connects with various technologies such as ATS, ERP, CRM, HCM, accounting, payroll, timekeeping, and VMS systems to ensure a cohesive workflow. - Real-Time Financial Insights: Provides clear visibility into Days Sales Outstanding by client, facilitating informed business decisions and accurate forecasting. - Process Simplification: Automates existing AR processes, rules, and tech integrations, making them simpler and more efficient. - High-Quality Integrations: Ensures robust and secure connections with existing tools, minimizing downtime and maintaining data integrity. Primary Value and Solutions Provided: Cartwheel addresses the unique challenges faced by staffing organizations in managing accounts receivable. By automating AR processes, it helps businesses: - Improve Cash Flow: Accelerates the payment process, ensuring that organizations receive funds more quickly. - Save Time: Eliminates manual tasks, allowing teams to focus on revenue-generating activities. - Gain Clear Insights: Offers real-time data on financial metrics, enabling better strategic planning and decision-making. By integrating with existing systems and automating complex processes, Cartwheel empowers staffing agencies to enhance operational efficiency, reduce errors, and achieve financial stability.