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Daylit

AI-powered accounts receivable and working capital platform for businesses.

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Intro

What is Daylit?

Daylit is an all-in-one working capital and Accounts Receivable intelligence platform powered by AI agents. Founded by Jared Shulman and Jerry Shu (Co-Founder & CTO), Daylit (accessible via daylit.com) helps businesses automate manual collections, track receivables, and forecast cash flow to eliminate the weekly A/R fire drill. Originating from roots connected to Lendica (including the Lendica app) and previously known under names like Fazeshift or associated with the tabs startup space, Daylit AI supercharges finance operations. The platform offers agile receivables management, helping teams move away from manual solutions like searching for the best excel templates for accounts receivable management free, and providing an alternative to basic software used to debit the bad debt expense account and credit the accounts receivable account free software. Daylit recently announced a major $110m fundraise backed by prominent investors to scale its automated financial solutions.

Daylit at a glance
Free to open, transactional financing fees apply7.7K monthly visitsPaid access

Category

AI AccountingAI For Finance
Best For

Best Daylit use cases by task, role, industry, and platform

These use cases show where Daylit fits best, ranked by fit score before popularity or pricing.

Accounts Receivable ManagementTrack outstanding invoices, automate payment reminders, reconcile customer accounts, and accelerate cash flow collections efficiently.100Working Capital OptimizationAnalyze cash flow, forecast inventory needs, and streamline accounts payable to free up cash for daily business operations.98Debt Collection AutomationStreamline payment reminders, track outstanding balances, and generate compliant communication workflows to accelerate accounts receivable recovery.95Financial ForecastingFinancial forecasting helps teams compare assumptions, statements, risk notes, and market context into practical review notes.95AutomationConnect recurring steps, prepare rules, summarize outcomes, and reduce manual work across routine processes.90Business AutomationMap repeated processes, draft rules, connect systems, and document outcomes for business automation.90Accounts Payable AutomationFinance teams organize records, reconciliations, approvals, exceptions, and month-end explanations so decisions, audits, and handoffs stay traceable.85
Pricing

Daylit Pricing Plans

Compare Daylit free options, Daylit paid pricing plans, and usage notes before you choose the best way to use this AI tool in 2026.

Free to open, transactional financing fees apply

Pricing updated:Jun 12, 2026

Features

Daylit AI Features

AI Agents for automated Accounts Receivable tracking and collectionsFundNow: Accounts receivable financing and invoice factoring solutionsOfferTerms: Flexible net terms options for customers with upfront vendor fundingPayLater: Accounts payable financing (reverse factoring) to delay vendor paymentsDrawDown: Revolving working capital line of credit up to $500k per transaction without collateralReal-time A/R portfolio insights, 24/7 financial cash flow forecasting, and automated risk detection
Pros & Cons

Daylit Pros and Cons

Pros

  • All-in-one capital dashboard combining automated intelligence with multiple financing options
  • Fast funding access with simple 5-10 minute applications and next-day distributions
  • No setup fees, hidden maintenance costs, collateral, or personal guarantees required
  • Flexible early repayment terms that save on financing fees without penalties
  • Seamless integration capabilities built natively for ERP systems via embedded finance

Limitations

  • Transaction limits are typically capped up to $500k per invoice or bill
  • Requires re-underwriting every 90 days to scale and increase available credit lines
  • Carries a non-refundable 1% processing fee at the time of funding for core products

Daylit FAQ

Daylit founders Jared Shulman and Jerry Shu successfully secured a $110m funding round from leading Daylit investors to accelerate the deployment of their specialized AI agents for accounts receivable intelligence.

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