Invo

Invo provides an AI-powered Collections platform tailored for distributors and manufacturers, aimed at reducing back-office work and increasing efficiency. It emphasizes automation across purchase orders, RFQs, and accounts receivable with AI-assisted guidance and integration capabilities.

The product automates key back-office workflows: 1) PO automation that captures, validates, and processes purchase orders from emails, PDFs, or portals with ERP synchronization and real-time status tracking; 2) RFQ automation that parses and evaluates RFQs, scores margin and feasibility, and offers AI-assisted quote recommendations; 3) AR automation featuring AI-driven reminders, predictive analytics, and automated follow-ups with personalized outreach to improve payment responses.

Who it’s for: Distributors and manufacturers seeking to reduce manual data entry and streamline procurement, RFQ handling, and accounts receivable via an AI-assisted platform.

Includes mentions of YC backing and founder involvement, indicating early-stage traction and investor interest.