The application of Artificial Intelligence (AI) has been gradually taking roots in numerous sectors, and the legal industry is not getting left behind. The buzz these days is about Oddr, a legal tech startup aiming to address revenue leakage and invoice collection efficiency in law firms.
Oddr claims to have launched the first AI-powered invoice to cash platform for the legal industry, seemingly centralizing all aspects of law firm financial management. This single product solution is designed to be a centralized system for billing, collections, payments, and reconciliation. The idea is not just to streamline these processes, but also to improve cash inflow by making the transformation from invoice to collection more efficient.
Oddr was officially introduced at the Legalweek conference in New York in January. During the event, Bob Ambrogi, the host of LawNext, had an insightful conversation with Milan Bobde, the co-founder, and CEO of Oddr. In their conversation, Bobde provided insights into how Oddr can help law firms fine-tune their billing practices and enhance their collections.
Prior to starting Oddr, Bobde enhanced his experience in enterprise software through roles at different organizations. Notably, he served as the senior director of product management at Intapp and formerly managed a varied portfolio of products at Thomson Reuters Elite.
For more details on the conversation and to learn more about Oddr, the complete \u201Cchat-record\u201D can be accessed here.