Rex is an AI operations layer for enterprise order-to-cash, the finance function that turns invoices into collected cash. It targets teams at large companies still doing this work by hand across email threads, PDFs, ERPs, and customer portals, where a single mismatched PO number can hold up a seven-figure invoice for months. The launch matters now because order-to-cash sits at the intersection of two shifts finance leaders are actively navigating, the push to bring outsourced back-office work in-house and the arrival of agent frameworks capable of handling the messy, exception-heavy tasks that traditional automation and ERPs never solved.
The product observes how a team already handles invoices, disputes, collections, and follow-ups, then turns each workflow into an editable operating procedure that Rex executes across thousands of accounts in parallel. Humans stay in the loop through configurable guardrails and approvals, and the system improves as reviewers correct exceptions. According to the launch video, Rex is already live in production, closing collections cases in minutes that would normally take weeks of back-and-forth, with onboarding measured in weeks.
Rex was founded by Merlin Kafka (CEO) and Lewis Blackwood (CTO) , who previously spent four years building order-to-cash and AR software at Sequence , with earlier stints at GoCardless and Tessian. The team is split between London and San Francisco and is backed by Y Combinator (S26), and was selected as the top team out of 2,500 in the Vercel AI Accelerator.
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Priya VaswaniJul 27, 2026
O2C is the graveyard of every ERP consultant's dreams. Curious how you're pricing this: per invoice, per agent seat, or a slice of the DSO improvement?
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Damilola O.Jul 27, 2026
ok wait, back-office AI is finally getting the attention it deserves instead of another Cursor clone. rooting for you.
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Hikari TanakaJul 27, 2026
We built something adjacent internally in 2019 to auto-match remittances and it collapsed the second a customer sent a PDF with a scanned stamp on it. Curious how Rex handles the messy long tail.
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Tomasz K.Jul 27, 2026
Interesting space. What does month 6 retention look like once finance teams realize the agent needs the same babysitting as the offshore team it replaced?
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Zoya M.Jul 27, 2026
the landing page video has one too many hard cuts in the first 4 seconds, felt like i was being flashbanged before I understood what O2C even meant.
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Kaveh R.Jul 27, 2026
demo looked clean but suspiciously deterministic. is the agent actually reasoning over the ERP state or is there a very brave rules engine hiding in a trenchcoat?
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the cashflow monkJul 27, 2026
Every dollar stuck in AR is a dollar apologizing for your process.
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Ingrid SølbergJul 27, 2026
Reminds me of the early pitch from one of my portfolio cos in the AP space, except O2C is way messier because customers have opinions. Bold pick for a first wedge.
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Rex
AI agents that run your order-to-cash operations
AI agents that run your order-to-cash operations
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Rex is an AI operations layer for enterprise order-to-cash, the finance function that turns invoices into collected cash. It targets teams at large companies still doing this work by hand across email threads, PDFs, ERPs, and customer portals, where a single mismatched PO number can hold up a seven-figure invoice for months. The launch matters now because order-to-cash sits at the intersection of two shifts finance leaders are actively navigating, the push to bring outsourced back-office work in-house and the arrival of agent frameworks capable of handling the messy, exception-heavy tasks that traditional automation and ERPs never solved. The product observes how a team already handles invoices, disputes, collections, and follow-ups, then turns each workflow into an editable operating procedure that Rex executes across thousands of accounts in parallel. Humans stay in the loop through configurable guardrails and approvals, and the system improves as reviewers correct exceptions. According to the launch video, Rex is already live in production, closing collections cases in minutes that would normally take weeks of back-and-forth, with onboarding measured in weeks. Rex was founded by Merlin Kafka (CEO) and Lewis Blackwood (CTO) , who previously spent four years building order-to-cash and AR software at Sequence , with earlier stints at GoCardless and Tessian. The team is split between London and San Francisco and is backed by Y Combinator (S26), and was selected as the top team out of 2,500 in the Vercel AI Accelerator.
Comments (8)
O2C is the graveyard of every ERP consultant's dreams. Curious how you're pricing this: per invoice, per agent seat, or a slice of the DSO improvement?
ok wait, back-office AI is finally getting the attention it deserves instead of another Cursor clone. rooting for you.
We built something adjacent internally in 2019 to auto-match remittances and it collapsed the second a customer sent a PDF with a scanned stamp on it. Curious how Rex handles the messy long tail.
Interesting space. What does month 6 retention look like once finance teams realize the agent needs the same babysitting as the offshore team it replaced?
the landing page video has one too many hard cuts in the first 4 seconds, felt like i was being flashbanged before I understood what O2C even meant.
demo looked clean but suspiciously deterministic. is the agent actually reasoning over the ERP state or is there a very brave rules engine hiding in a trenchcoat?
Every dollar stuck in AR is a dollar apologizing for your process.
Reminds me of the early pitch from one of my portfolio cos in the AP space, except O2C is way messier because customers have opinions. Bold pick for a first wedge.