What is Forwardly?
Forwardly is a B2B payment solution designed to transform the way small businesses receive payments. Through its real-time payment capabilities, Forwardly enables businesses to receive payments three days earlier, round the clock, every day of the year, with the goal of eliminating cash flow bottlenecks and improving the business's cash management through an instant payment system. It provides faster access to funds, and aims to eliminate processing delays and excessive fees. Benefits for businesses, as described by ForwardAI include:
- Speed – Pays three days faster than ACH.
- Saves Money – Reduced cost compared to credit card processing fees.
- Saves Time – Integration with bank accounts and accounting systems eliminates manual tasks; direct two-way sync with accounting platforms means payments are reconciled instantly.
- Bank Agnostic – No need to create a new bank account, change banks, or pre-fund a settlement account or wallet.
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