Clyr
AI-powered expense & bill management for project-based businesses and financial teams.
Executive Summary
Clyr is an AI-powered expense and bill management platform designed to automate and streamline financial processes for businesses, particularly those with project-based operations, contractors, and financial institutions like bookkeepers and accountants. It offers solutions for employee reimbursements, receipt management, and accounts payable automation. The platform provides real-time tracking and analytics for expenses, integrating directly with major credit card providers (AMEX, Visa, Mastercard) and various CRMs and accounting systems like QuickBooks. Key features include AI-driven OCR for receipt capture, automated expense coding, and support for compliance requirements such as 3-way matching, SOX, GDPR, CCPA, and SOC 2. Clyr aims to enhance productivity and efficiency by automating manual tasks, providing real-time visibility into spending, and ensuring financial compliance, catering to a range of industries including manufacturing, non-profits, and home services.
Use Cases
- Automating employee expense reimbursements for personal card spending.
- Real-time tracking and analysis of project-based expenses (e.g., manufacturing, home services).
- Streamlining accounts payable processes, including 3-way matching and vendor payments.
- Processing financial data for bookkeepers and accountants from client submissions.
- Ensuring financial compliance and audit trails for non-profits and regulated industries.
Features
Visibility
- Real-time Tracking & Analytics: Capture and analyze every expense from raw materials to operational costs in real-time, with visibility into cost vs. budget.
- Mobile Accessibility: Mobile app support for expense submissions and management.
Intelligence
- AI-driven Receipt Management: Utilizes AI with 99%+ OCR accuracy for seamless receipt capture and data extraction.
- Automated Expense Coding: AI automatically codes expenses, streamlining the accounting process.
- AI-driven Job Costing: Provides insights into job costs to help project managers make timely adjustments and avoid overspending.
Technical Specifications
- Architecture
- Multi-tenant SaaS
- Deployment
- SaaS
- API Available
- Yes
AI/ML Stack
- AI receipt coding and matching
Security & Compliance
Certifications: SOC 2 Type II, PCI DSS
Pricing
- Model
- Usage-based
- Starting Price
- Contact sales
- Target Customer
- SMB,Mid-Market,Enterprise
- Contract Type
- Annual
- Free Trial
- Yes
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