AccountsIQ Partners with Paraglide to Launch AI-Powered Collection Agents

AccountsIQ, a provider of cloud accounting software for mid-market businesses, has announced a partnership with Paraglide to integrate AI agents that automate collections processes. This integration aims to improve cash flow management and reduce administrative burdens for AccountsIQ customers.

The new feature uses Paraglide’s AI technology to handle routine collection tasks, allowing finance teams to focus on more strategic activities. The AI agents can communicate with debtors via multiple channels, including email, SMS, and voice, personalizing interactions based on individual customer profiles and payment histories.

According to AccountsIQ, the collections automation feature is particularly beneficial for businesses struggling with manual processes or high debtor turnover. By automating follow-ups, payment reminders, and dispute resolution, the AI agents help improve collection rates while maintaining positive customer relationships.

“We’re excited to partner with Paraglide to bring this innovative solution to our customers,” said a spokesperson from AccountsIQ. “Automating collections frees up finance professionals to focus on higher-value tasks like financial analysis and strategic planning.”

The AI agents are designed to be transparent and compliant, providing clear explanations of charges and payment options while adhering to relevant regulations regarding debt collection practices.