Clyr

AI-powered expense & bill management for project-based businesses and financial teams.

by Clyr ยท Tax Compliance

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

Deployment
SaaS
API Available
Yes

Integrations

  • AMEX
  • Visa
  • Mastercard
  • QuickBooks

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