BC Krishna
CEO
Centime
Centime Cash Flow Control is a financial technology platform that automates accounts payable and receivable processes through AI-driven workflows, enabling businesses to streamline invoice management and accelerate payments. By integrating with general ledger and bank accounts, it enhances cash flow visibility and maximizes working capital, resulting in significant time savings and improved forecasting accuracy.
- Artificial Intelligence
- Enterprise Software
- Financial Technology
- Software Only
Updated 7 months ago
Funding
Funding rounds are not available yet.
Founders
Product
Problem
Many businesses face challenges in managing their cash flow due to inefficient accounts payable and receivable processes, leading to delayed payments, inaccurate forecasting, and reduced working capital. Manual invoice processing, lack of automation, and disjointed systems contribute to these inefficiencies.
Solution
Centime offers a comprehensive cash management suite that automates accounts payable and receivable processes, providing businesses with enhanced control and visibility over their cash flow. The platform uses AI-powered workflows to streamline invoice management, accelerate payments, and improve forecasting accuracy. By integrating accounts receivable, accounts payable, and business banking solutions into a single platform, Centime eliminates disjointed processes and provides a holistic approach to finance operations. The platform also offers features such as automated invoice capture, approval workflows, payment planning, collection campaigns, and a customer portal to further optimize cash flow management.
Target Audience
Centime primarily targets finance teams within small to medium-sized businesses (SMBs) and mid-market companies seeking to streamline their accounts payable and receivable processes, improve cash flow visibility, and maximize working capital.
Features
- AI-powered OCR for rapid invoice data capture and coding
- Automated invoice approval workflows with flexible policy configuration
- PO matching to simplify reconciliation and exception handling
- Supplier portal for streamlined vendor management and communication
- Customer portal to facilitate electronic payments and reduce overdue invoices
- Automated collection campaigns with AI-driven workflows
- High-yield business checking accounts with insured cash sweep functionality
- Integration with NetSuite, Sage Intacct, and QuickBooks for seamless data synchronization
- Expense management module for automated expense tracking, approvals, and reporting