What Canals does
Canals builds an AI-powered automation platform for the wholesale distribution industry, handling sales order entry, invoice processing, purchase order and receipt tracking, and product part-number conversion for distributors, manufacturers, and contractors in electrical, plumbing, HVAC, and building-materials verticals. The company says it works with more than 100 distributors, including DSG, Locke Supply, and The Kendall Group, and has processed more than 8 million sales orders and $5 billion in payables since launch. Customers reportedly see results such as doubled quote conversion rates and 96% touchless invoice processing, according to the company.
Canals is an automation tool on Falcoscan. AI automation platform that runs sales orders and invoicing for wholesale distributors. Falcoscan rates Canals with an Opportunity score of 74/100, a Saturation score of 23/100, and a Wrapper-risk score of 15/100. Market signal: rising. Canals is founded in 2023, currently at Series_a stage. Pricing: Paid.