JustPaid and Veryfi Partner to Enhance Financial Management with AI

February 12, 2025
JustPaid and Veryfi, both Y Combinator-backed companies, have partnered to streamline financial management through AI, enhancing invoice automation and revenue operations.

JustPaid, an AI-powered revenue automation platform, has announced a partnership with Veryfi, a company specializing in OCR API technology. This collaboration aims to enhance financial management by automating the process of generating and sending invoices.

Veryfi will utilize JustPaid's platform to upload sales contracts, which are then processed by AI to create invoices. These invoices are sent to Veryfi's customers, facilitating efficient revenue collection. This partnership has been in place for over six months, with Veryfi benefiting from increased accuracy and efficiency in their operations.

Dmitry Birulia, Co-Founder of Veryfi, highlighted the ease and accuracy brought by JustPaid's platform, expressing enthusiasm for scaling their operations with this technology. Vinay Pinnaka, Co-Founder of JustPaid, emphasized the successful integration of their platform into Veryfi's daily operations, underscoring the partnership's role in driving business success.

This collaboration reflects JustPaid's ongoing commitment to providing scalable, AI-driven solutions that address the financial challenges faced by small businesses, helping them to grow and thrive.

We hope you enjoyed this article.

Consider subscribing to one of our newsletters like Enterprise AI Brief, Finance AI Weekly or Daily AI Brief.

Also, consider following us on social media:

Enterprise AI AI in Finance AI Brief AI Brief (X)

More from: Enterprise

08/22
Clockwork.ai Partners with Thomson Reuters for AI-Powered FP&A Services
08/22
S&P Global Partners with Google Cloud for AI-Ready Data Access
08/22
Binti and Anthropic Launch AI Tools for Social Services
08/22
Definite Secures $10 Million Seed Funding for AI-Native Data Platform
08/22
Google Offers Gemini AI Platform to Federal Agencies at Discounted Rate

More from: Finance

08/22
Clockwork.ai Partners with Thomson Reuters for AI-Powered FP&A Services
08/21
Vitria Introduces Autonomous AI Operations for Financial Services
08/21
LazAI Launches Testnet for Decentralized AI Development
08/21
Upstage Secures $45M Series B Bridge for AI Expansion
08/20
Live Oak Ventures Invests in Cascading AI for Loan Automation

Subscribe to Finance AI Weekly

Weekly newsletter about AI in finance. Covers AI-driven trading, fintech innovations, and data analytics transforming markets

AI Token Webinar

Whitepaper

Governing the Future: A Strategic Framework for AI Adoption in Financial Institutions

This whitepaper explores the transformative impact of artificial intelligence on the financial industry, focusing on the governance challenges and regulatory demands faced by banks. It provides a strategic framework for AI adoption, emphasizing the importance of a unified AI approach to streamline compliance and reduce operational costs. The document offers actionable insights and expert recommendations for banks with fewer than 2,000 employees to become leaders in compliant, customer-centric AI.

Read more

You May Also Like