Tranch is a B2B invoice-to-payment and accounts receivable automation platform tailored for professional services and enterprises, with a strong focus on large law firms and advisory businesses. Now part of Elite, the company addresses the structural inefficiencies of legacy enterprise billing by offering a modern, frictionless payment checkout embedded directly into electronic invoices. Tranch enables clients to pay via real-time rails (ACH, FedNow), PCI-compliant card processing, and a distinctive "Pay Later" financing option of up to $500,000 across 2 to 12 months. This embedded B2B buy-now-pay-later (BNPL) model provides suppliers with immediate, full payouts while assuming zero credit risk, simultaneously unlocking working capital flexibility for their corporate clients.
Designed to eliminate manual reconciliation and accelerate collection cycles, Tranch integrates seamlessly with cloud and on-premise ERP and practice management systems via API or SFTP. In addition to multi-modal payment acceptance, the platform provides automated invoice distribution, recurring billing, AR workflow automation, and AI-driven credit insights to optimize collections management. By reducing reliance on paper checks by over 50% and speeding up payments by an average of 40%, Tranch has established strong enterprise traction among leading AmLaw firms and top-tier legal brands, including Fenwick, Goodwin, Gunderson Dettmer, and Paul Hastings.