Forwardly

Forwardly is an AI-powered business payments platform for AP and AR. You can:

• Upload or email bills into an AI bill inbox that reads PDFs and extracts vendor, amount, and due date with incredible accuracy, saving finance teams ~40 hours per month in manual data entry. 
• Set up approval workflows, roles, and payment policies for full control and auditing capability.
• Pay vendors from your existing bank account with multiple speed options, or by card if they support it.
• Receive payments from customers, including recurring and automatic payments.
• Sync bills, invoices, contacts, and payments with accounting platforms like QuickBooks Online, Sage Intacct, Xero, Zoho Books, FreshBooks, and more, using our unique 4-way sync.
• Manage multiple entities or clients from one dashboard, with granular permissions for accounting teams and fractional CFOs.

Forwardly has no platform subscription, per-seat charge or setup fee. You can add unlimited users; team size does not increase the bill. Instead, costs depend on payment volume, method and speed. The free business account includes a monthly allowance of standard ACH payments, split between outgoing and incoming transfers. Additional standard ACH payments, faster bank transfers and card payments incur transaction fees. Bank-to-bank transfers between businesses on the Forwardly Network remain free.

Transaction fees are invoiced monthly and debited from the business’s primary bank account. Card processing fees can be passed to customers, but a separate card settlement fee cannot. Returns, chargebacks and missed card-compliance requirements can also trigger fees.

There is no monthly-versus-annual subscription choice or annual-only feature set. The free account includes payment and workflow tools, but real-time accounting sync and AI insights are listed under Pay as you go; API access and white-glove onboarding are Enterprise options. New customers can trial bank payments until the trial period or its payment-volume cap ends.