From $15,000 per year🇺🇸
Accounts receivable platform with AI agents for collections, dispute handling, cash application and contact finding.
Panax AI features and pricing (October 2026)
Tel Aviv treasury platform that connects bank and ERP data and uses AI for categorization, cash forecasting and custom finance agents.
Contact for pricing
Pricing: Contact for pricing
Three plans (Start, Grow, Pro), pricing on request only; AI forecasting is in the Pro plan, as of September 2026.
What is Panax?
Panax is a treasury management platform from Tel Aviv with a US headquarters in New York. It connects bank and ERP data for midsize and large companies and uses AI for transaction categorization, cash forecasting and custom finance agents.
Panax covers cash positioning across banks, transaction categorization, cash forecasting and reporting, alerts, cash application for receivables reconciliation and cross-border payments. It is sold in three plans: Start, Grow and Pro. The company was founded in 2022 by Noam Mills, Niv Yaar and Sefi Itzkovich and raised a $10 million Series A in May 2024 led by Team8. According to its privacy policy, the service is hosted on AWS in Northern Virginia, and the website shows SOC 2 and ISO 27001 badges. Panax names NetSuite, Microsoft Dynamics, Priority and Sage Intacct as optimized ERP connections.
Panax AI features and use cases
- Categorizes bank transactionsPanax combines AI, ERP data and rules to categorize transactions by description, vendor and earlier classifications, and it can categorize without ERP data. Treasury spends less time sorting statements, and reports rest on consistent categories.
- Builds cash forecastsThe forecast uses historical ERP transactions, bank data and user assumptions, recognizes seasonal patterns and highlights anomalies that could improve accuracy. Finance teams get rolling forecasts and scenarios without rebuilding spreadsheets each month.
- Creates reports and workflows from a descriptionWith Agent Builder, users describe a report or finance workflow in plain language and the AI builds it on validated live data, including dashboards, charts and written analysis. An audit agent checks outputs before they are shared.
- Surfaces liquidity insightsAI Boost, part of the Grow and Pro plans, adds insights and recommendations on cash. Alerts point to cash gaps and savings opportunities so treasury can act before a shortfall occurs.
What sets Panax apart
- Adds an Agent Builder that creates reports and workflows from plain-language descriptions on reconciled treasury data.
- Offers three plans; AI forecasting and SSO are part of the Pro plan only.
- Hosts the service on AWS in the United States and uses EU standard contractual clauses for transfers.
Where Panax is strongest
Panax was founded in Tel Aviv and runs its US headquarters in New York.
Questions to ask before you buy Panax
Check which plan you need, since AI forecasting and SSO are only in Pro and prices are quoted individually. Confirm connections for your banks and ERP beyond the named NetSuite, Dynamics, Priority and Sage Intacct links. Data is hosted in the United States, so European buyers should review the data processing agreement and the standard contractual clauses. Ask for the current SOC 2 report and ISO 27001 certificate.
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Questions about Panax
What does Panax cost?
Panax does not publish prices. The pricing page lists three plans, Start, Grow and Pro, each with a quote on request.
Where does Panax host data?
According to the privacy policy, the service runs on Amazon Web Services in Northern Virginia in the United States. International transfers rely on standard data protection clauses approved by the European Commission.
Which ERP systems does Panax connect to?
Panax names NetSuite, Microsoft Dynamics, Priority and Sage Intacct as optimized connections and says it connects to most ERP systems. It can also categorize transactions without ERP data.
Panax update historyno updates yet
No changes recorded for Panax yet.
Changes the vendor made and confirmed user reports, each checked against the vendor's own pages. We review every tool monthly.
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