About
Notch Financial is a comprehensive accounts receivable (AR) and accounts payable (AP) automation platform designed for small-to-medium businesses, finance leaders, and finance teams. It eliminates the time-consuming manual work involved in managing invoices, chasing payments, and reconciling transactions by replacing those processes with intelligent automation. Key capabilities include a Customer Payment Portal that gives customers a seamless online experience for paying and managing payment information, automated Payment Collection that sends reminders and follows up on outstanding invoices, and real-time Payment Reconciliation that syncs transactions accurately with existing accounting or ERP systems. The platform also features end-to-end Invoice Management and a powerful OCR Invoice Scanning & Processing tool that digitizes, processes, and syncs invoices automatically. Notch is built for businesses that want to scale without adding headcount to their finance teams. By automating repetitive AR tasks — from invoice sending to payment reminders to reconciliation — teams can reclaim valuable time and focus on strategic initiatives. The result is improved cash flow, fewer errors, and a faster, more reliable payment cycle. Notch is trusted by wholesale distributors and B2B operators across North America looking to modernize their financial operations.
Key Features
- Customer Payment Portal: Provides customers with a self-service online portal to view invoices, manage payment information, and make payments — reducing friction and accelerating collection.
- Automated Payment Collection: Sends automated payment reminders and follow-ups on outstanding invoices, eliminating manual chasing and reducing days sales outstanding (DSO).
- Real-Time Payment Reconciliation: Automatically syncs and reconciles transactions with accounting and ERP systems in real time, ensuring accurate and up-to-date financial records.
- OCR Invoice Scanning & Processing: Uses optical character recognition to scan, digitize, and process paper or digital invoices, syncing the data directly into connected accounting systems.
- End-to-End Invoice Management: Automates the full invoice lifecycle — from creation and delivery to tracking and reconciliation — reducing manual input and minimizing errors.
Use Cases
- A wholesale distributor automates invoice delivery and payment reminders to reduce days sales outstanding and improve cash flow.
- A finance team uses OCR invoice scanning to digitize paper invoices and sync them into their ERP system without manual data entry.
- A CFO implements Notch's payment reconciliation to get real-time visibility into outstanding receivables and eliminate end-of-month reconciliation bottlenecks.
- A small business owner sets up a customer payment portal so clients can self-serve their invoice payments, reducing back-and-forth communication.
- A bookkeeper uses Notch to automate the full AR cycle — from invoice creation to payment collection — freeing up hours each week for higher-value tasks.
Pros
- Significant Time Savings: Automating repetitive AR tasks like invoice sending, reminders, and reconciliation frees up finance teams to focus on higher-value strategic work.
- Faster Cash Flow: Businesses report getting paid up to 3x faster thanks to automated follow-ups and a frictionless customer payment experience.
- Seamless ERP & Accounting Integrations: Notch connects with major accounting and ERP systems, enabling real-time data sync without manual data entry or duplicate records.
- Built for Wholesale & B2B: Purpose-built for wholesale distributors and B2B businesses with high invoice volumes and complex payment workflows.
Cons
- Primarily Targets B2B Businesses: Notch is optimized for wholesale distributors and B2B operators; it may not be the best fit for B2C businesses or freelancers with simpler invoicing needs.
- Pricing Not Publicly Listed: Pricing details require scheduling a call with their sales team, which adds friction for businesses looking for self-serve sign-up or transparent cost information.
- Learning Curve for Setup: Integrating with existing ERP and accounting systems may require initial configuration time and support, especially for teams with complex workflows.
Frequently Asked Questions
What is Notch Financial?
Notch Financial is an accounts receivable and accounts payable automation platform that helps businesses streamline invoice management, payment collection, reconciliation, and payment processing to get paid faster.
Who is Notch Financial designed for?
Notch is designed for small-to-medium businesses, wholesale distributors, finance leaders (CFOs, Controllers), and finance teams (accountants, bookkeepers) across North America.
What accounting and ERP systems does Notch integrate with?
Notch integrates with major accounting and ERP systems to sync transactions and invoices in real time. Specific integrations are listed on their Integrations page.
How does Notch help businesses get paid faster?
Notch automates payment reminders, provides customers with a self-service payment portal, and streamlines the entire AR workflow — from invoice creation to payment collection — helping businesses get paid up to 3x faster.
Does Notch support accounts payable in addition to accounts receivable?
Yes, Notch supports both accounts receivable (getting invoices paid) and accounts payable (paying bills quickly and easily), making it a comprehensive financial operations platform.
