Synthetic intelligence-based accounts receivable software program supplier Anduin is altering its title to Aiwyn to replicate its growth to serving small and midsized companies, in addition to its entry into the market to serve legislation companies as nicely.
Aiwyn, which is pronounced “I win,” is an Outdated English title that interprets into “smart pal,” emphasizing the brand new model identification. The announcement builds on the success of the corporate’s Intelligence-Based mostly Billing product, which was named an Accounting As we speak High New Product for 2021.
“From day one, we’ve had a transparent mission: unlock money and time for skilled providers companies,” mentioned Aiwyn CEO Justin Adams in a press release. “Our first 18 months in market have been an enormous success, and we’re thrilled with the return on funding we’re delivering to our clients. As we now enter a brand new section as Aiwyn, we’re excited to develop our platform to ship extra worth to a good wider market of companies in want.”
Ellen Choi, the corporate’s chief product officer, mentioned that whereas the particulars could fluctuate, accounting companies usually share a set of objectives, which Aiwyn goals to assist them obtain.
“Every agency faces distinctive challenges and alternatives, however they’ve the identical big-picture objectives — to unlock their folks to deal with nice shopper service, discover and capitalize on new progress alternatives, and create extra sturdy, sustainable margins. Right here at Aiwyn we constructed our Intelligence-Based mostly Billing platform alongside the finance, operations, IT and government groups at top-ranked companies, and we’re excited to introduce our options to much more companies and proceed delivering measurable worth,” she mentioned in a press release.
Final June, the corporate raised $14 million in seed capital.