Bflows utilizes proprietary algorithms and Big Data analysis to automate the management of accounts receivable and payable within a collaborative network of businesses. This platform enables companies to accelerate cash flow by facilitating timely invoice payments and collections without relying on traditional credit sources.
Funding
$530K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many businesses, especially small and medium-sized enterprises (SMEs), face challenges in managing their working capital due to delayed invoice payments and inefficient accounts receivable/payable processes. Traditional financing options can be costly and may not always be accessible, hindering cash flow and growth potential.
Solution
Bflows offers a collaborative network finance platform that automates accounts receivable and payable management, enabling businesses to accelerate cash flow without relying on traditional credit sources. The platform uses proprietary algorithms (Bft© - balanced flows technology) and big data analysis to map commercial relationships between companies and optimize invoice settlements within the network. By connecting businesses with reciprocal credit and debit positions, Bflows facilitates the automated clearing of invoices, reducing payment times and improving overall cash flow.
Target Audience
The primary target audience includes SMEs and professionals seeking to improve their cash flow, reduce reliance on traditional financing, and streamline their accounts receivable and payable processes.
Features
- Automated invoice matching and settlement using proprietary Bft© algorithms
- Collaborative network connecting businesses with reciprocal accounts receivable and payable
- Integration with company bank accounts for seamless fund transfers
- User-friendly interface for uploading and managing invoices
- Real-time visibility into invoice status and payment flows
- Secure platform compliant with current regulations, with wallet and payment management handled by an authorized Payment Institution
- Fee only charged on successfully collected invoices