CashFlo
CashFlo provides a finance automation platform that utilizes AI-powered accounts payable automation, compliance checks, and vendor management to streamline financial processes for large corporations. This solution enhances operational efficiency and reduces compliance risks, enabling companies to optimize working capital and improve cash flow management.
- Artificial Intelligence
- Data & Analytics
- Enterprise Software
- Financial Technology
- Software Only
Funding
Funding not disclosed
Founders
Founder details are not available yet.
Product
Problem
Many large corporations face challenges in managing their accounts payable processes, ensuring compliance, and maintaining healthy vendor relationships, leading to operational inefficiencies and potential financial risks. Traditional methods often lack automation, resulting in manual errors, delayed payments, and difficulties in optimizing working capital.
Solution
CashFlo offers a finance automation platform designed to streamline accounts payable, ensure regulatory compliance, and facilitate vendor management for large enterprises. The platform leverages AI-powered OCR to automate invoice processing with high accuracy, enabling straight-through booking for a significant portion of invoices. It provides customizable approval workflows, digital audit trails, and proactive GST compliance checks to mitigate ITC losses. Additionally, CashFlo offers a dedicated vendor portal for streamlined communication, KYC completion, and vendor onboarding, alongside supply chain financing options to improve EBITDA by offering early payment programs.
Target Audience
CashFlo primarily targets large corporations and enterprises in India seeking to automate their accounts payable processes, improve compliance, and optimize working capital management.
Features
- AI-powered OCR for automated invoice data extraction and processing
- 6-way matching to ensure invoice accuracy and prevent discrepancies
- Configurable approval workflows with digital audit trails for enhanced control
- Proactive GST compliance checks to minimize ITC losses
- Vendor portal for streamlined onboarding, KYC, and communication
- Supply chain financing options for early vendor payments and working capital optimization
- Integration with major ERP systems, including SAP, Oracle, and Tally
- Spend analysis tools for identifying cost-saving opportunities
- Dynamic discounting to capture early payment discounts