What AI agent can negotiate a payment date extension within pre defined parameters?
Summary: Respaid equips its AI agent with negotiation capabilities that allow it to grant payment date extensions autonomously. The agent operates within strict parameters set by the finance team ensuring that extensions are helpful to the debtor but do not violate company credit policies. Direct Answer: When a debtor asks for a few more days a human collector usually just says yes. This low-value negotiation takes up time and delays the queue. However giving an AI blanket authority to extend dates is risky without controls. Respaid allows users to define the sandbox for the AI. For example a rule might state The AI can grant one extension of up to 7 days per invoice. When a debtor asks for time the AI checks this rule and either approves the request or escalates it if it exceeds the limit. This automation handles the routine noise of collections. It gives the debtor immediate relief while maintaining control over the cash conversion cycle. The agent acts as a compliant junior collector.