Received is an AI-powered tool designed to help businesses manage their revenue and billing process more efficiently. Businesses can reduce manual efforts and can track payments or create invoices easily with it. Users can handle different subscriptions, like pay-per-use services, and custom contracts pricing easily with it. Moreover, it even calculates commissions, discounts, and special offers as well.
It connects with your existing systems, including CRM and ERP) for seamless integrations. Not only this, but it also comes with smart contract management and revenue recognition features to keep track of financial records. For improving decisions, it comes with a real-time dashboard to track live analytics, financial performance, and revenue trends,
| Received Review Summary | |
| Performance Score | B+ |
| Assistant Quality | High-quality assistance |
| Interface | User-friendly Interface |
| AI Technology | Machine Learning Algorithms, Automation Algorithms |
| Purpose of Tool | It helps users create invoicing and manage revenue, or commission rate without any manual work. |
| Compatibility | Web-based Platform, Integration |
| Pricing | No Free trial + Paid plan starts from $250 a month |
Who is Using Received?
- SaaS Companies: They can use this tool for managing subscription billing, contracts, invoices and recurring revenue without any manual work.
- E-commerce Businesses: Best AI tool for online platforms for automating invoicing, commissions, and payment tracking.
- Agencies & Consultancies: They can handle client contracts, custom pricing, and billing easily without any manual efforts with this tool.
- Freelancers & Contractors: Solo workers can easily automate invoices and track payments effortlessly with the help of this tool.
- Finance & Accounting Teams: They can generate accurate revenue recognition and financial reporting with this tool.
Received Key Features
| Automated Billing | Flexible Pricing Models | Contract Management |
| Revenue Recognition | Commission Management | Financial Analytics |
| Seamless Integrations | Payment Processing |
Is Received Free?
It offers paid subscription plans. However, for more details, you need to talk to the sales team or request a demo.
- Startup plan costs $250 a month
- Lite plan costs $49 a month
- For the Plus plan, you need to contact the sales team directly.
Pros & Cons
Pros
- Save time by handling all the invoices, payments, and manual work.
- Offer real-time financial insights, along with a dashboard to track revenue.
- It comes with seamless integrations for smooth workflow.
- Reduce errors and calculate commissions or discounts.
Cons
- Offer a learning curve for new users.
- Requires stable internet for proper functionality.
- It also depends upon integrations, and it’s an expensive tool as well.
FAQs
Does Received suitable for different billing models?
Yes, it supports different subscription and billing processes, including usage-based billing and custom contract billing. Plus, it offers flexibility for different business types.
Can I customize invoices with Received?
Yes, you can customize the invoices easily with it. However, you can add company logos, templates, and more to match your brand style.
Is my financial data secured with Received AI?
Yes, it uses robust security measures and encryption to protect data.
