Tabs, a NYC-based provider of an accounts receivable (AR) platform for B2B businesses, raised $7M in Seed funding. Using AI, Tabs is able to understand and extract elements from even the most complex B2B contracts and then power an automated AR process from contract-to-cash. At the core of the company’s solution is Tabs AI, a proprietary platform built to understand and extract B2B contractual elements. Using this information, Tabs then automates contract ingestion, invoicing, and payments, streamlining a company’s accounting process. Customers such as Findigs, Pinata, and Inspiren report a reduction in time to collect, mainly driven by avoiding manual work associated with calculating invoices.