Company Research Report: Oddr, Inc.
Company Overview
- Name: Oddr, Inc.
- Mission: To centralize, streamline, and accelerate every step of the invoicing process—from bill creation, to bill delivery, to collections, to reconciliation.
- Founded: No information is available.
- Founders: No information is available.
- Key People:
- Marc Cram, Sales Consultant (joined as of January 21, 2025)
- Dan Wales, Strategic Advisor
- Headquarters: Silicon Valley
- Number of Employees: No information is available.
- Revenue: No information is available.
- Known For: Oddr is known for offering the industry’s first and only invoice-to-cash management platform specifically designed for law firms.
Products
1. Invoice-to-Cash Platform
- Description: Oddr's flagship product that caters to the specific invoicing needs of legal firms by centralizing, streamlining, and accelerating the invoicing lifecycle.
- Key Features:
- Centralization of internal collaboration, review, and finalization of billing processes.
- Rules-based validation and exception management.
- Automated, rules-based reminders and escalations for collections.
- Integrated electronic payment options.
- Automated data integration with financial management systems.
- AI and analytics for improved billing visibility, predictability, and forecasting.
2. CashPredict
- Description: Launched as a feature for predictive analytics within the invoice-to-cash lifecycle.
- Key Features: Offers analytical insights for revenue forecasting and improving billing accuracy.
3. OddrPay
- Description: A module introduced to streamline payment processes for law firms.
- Key Features: Facilitates secure and efficient electronic payments, enhancing client payment experiences.
Recent Developments
- New Products Launched:
- CashPredict: Announced on August 8, 2024, at ILTACON.
- OddrPay: Announced alongside CashPredict at ILTACON.
- New Features Added:
- Introduction of AI for predictive analytics and operational efficiency improvements.
- Partnerships:
- In 2024, Oddr partnered with i2X Consulting to enhance legal technology solutions for law firms.
- Expanded into the APAC region by partnering with Pickering Pearce to provide billing process review and implementation services.
- Notable Client Engagements:
- Mishcon de Reya, a UK Top 20 firm, selected Oddr's platform to transform billing and collections operations.
- Reinhart Boerner Van Deuren s.c. and Ward and Smith P.A. implemented Oddr's platform to enhance billing and collection processes.
- Key Personnel Changes:
- Marc Cram joined as a Sales Consultant reflecting the company’s rapid growth (as of January 21, 2025).
- Dan Wales joined as a Strategic Advisor to steer strategic developments in legal tech.
Summary
Oddr, headquartered in Silicon Valley, is pioneering an innovative invoice-to-cash platform that addresses the inefficiencies in legal billing processes. Their AI-powered solutions, like CashPredict and OddrPay, offer sophisticated features to streamline financial operations for law firms, advancing client satisfaction and operational efficiency. Despite limited information on foundational details, Oddr has established strategic partnerships and expanded its presence within and beyond North America.