Forwardly
About us
Forwardly is an AI-native business payments platform built for accounting firms and the businesses they support. We automate accounts payable and receivable end-to-end, from the moment an invoice or bill is created through to payment execution, reconciliation, and real-time visibility on both sides of every transaction. Forwardly has no monthly subscription fees, and bank payments between businesses on the Forwardly Business Network are included in all business accounts.
The Forwardly Business Network
At the heart of Forwardly is the Forwardly Business Network (FBN), a connected payment and data infrastructure that links businesses directly to their customers, suppliers, and accounting systems. When two businesses are connected through the FBN, the transaction stays connected from invoice or bill creation through payment and reconciliation.
When your clients connect with their customers and suppliers through Forwardly, payments between connected businesses are free across all payment speeds, including standard ACH, next-day, same-day, and instant bank transfers. There is no need to re-enter bank details for any connected counterparty. Invoice and remittance data flows automatically between accounting systems. Real-time payment status is visible to both parties the moment a payment is initiated, sent, or settled. And reconciliation happens automatically, without anyone logging into a second system or manually matching payments to invoices.
For accounting firms managing AP and AR on behalf of clients, the FBN eliminates the most persistent manual steps in the workflow: the chasing, the re-keying, the end-of-month matching, and the back-and-forth with suppliers and customers about what has been paid and when.
Accounts payable automation
Forwardly's AP tools are built around the idea that a bill should move from inbox to paid without anyone touching a spreadsheet. Key capabilities include:
- AI-powered bill capture: Bills and invoices sent to a dedicated Forwardly inbox are automatically read, extracted, and coded based on your historical patterns. Line items, vendor details, due dates, and expense categories are captured with accuracy, and the system improves with every transaction.
- Approval workflows: Custom approval rules route bills to the right people based on amount, vendor, department, or role. Approvers are notified automatically, and nothing moves forward without the correct sign-off. Every action is logged in a full audit trail.
- Auto payments: Set payment rules at the vendor level and bills move from unpaid to paid automatically on the due date, at your preferred payment speed. The Forwardly AI Agent reviews every bill before processing, flagging duplicates, unusual amounts, and unrecognised vendors before a payment goes out.
- Payment execution: Send payments by instant bank transfer, same-day ACH, next-day ACH, or standard ACH. No monthly subscription fees. Pay only when money moves.
Accounts receivable automation
On the AR side, Forwardly handles the full collection cycle, so your clients are not spending time chasing invoices or manually reconciling payments.
Recurring invoices go out automatically on schedule. Clients receive a payment link and can pay by bank transfer or card (if enabled, card fees can be passed to your client). Automated reminders go out if payment is overdue, without anyone on your team writing a single follow-up email. When payment arrives, it reconciles to the correct invoice in real time and updates the accounting system automatically. Both sides of the transaction see the payment status live. Meanwhile, the Forwardly AI Agent will help monitor and catch irregular, suspicious, and duplicate invoices before money moves.
For accounting firms, this means you can offer AR management as a service, with meaningful time savings and a cleaner client payment experience, without adding headcount.
Integrations
Forwardly integrates directly with leading accounting and ERP platforms, including QuickBooks Online, Xero, Sage Intacct, Oracle NetSuite, Microsoft Dynamics 365, Campfire, Intuit Enterprise Suite, FreshBooks, and Zoho Books. Payments sync automatically, so records stay accurate without manual reconciliation.
About Forwardly
Forwardly was the first B2B payments company in the United States to provide small and mid-sized businesses with direct access to instant payments via the FedNow Service and RTP Network, processing transactions in under 60 seconds, 24 hours a day, 365 days a year. Forwardly is SOC 2 certified with bank-grade security. Vendor banking details are stored and verified once within the network, eliminating the email-based exchange of account information that remains the leading vector for B2B payment fraud.
Become a Partner and Earn
Forwardly has an active certified partner program for accounting and bookkeeping professionals. Certification is free and takes less than an hour. Certified partners earn enhanced referral rewards, a public digital badge for LinkedIn and their website, early access to new features, and eligibility for the Forwardly Partner Spotlight program. The partner program also includes affiliate, reseller, and revenue-share options for firms and platforms looking for a deeper relationship.