Cifrato provides an AI-powered accounting copilot that automates invoice processing and bank reconciliation. By integrating with fiscal entities and POS systems, it eliminates manual data entry and ensures real-time financial data synchronization, freeing up accounting teams for strategic analysis.
Funding
Funding not disclosed
Founders
Product
Problem
Manual invoice processing and bank reconciliation are time-consuming, error-prone tasks that divert accounting teams from strategic financial analysis. This inefficiency leads to delayed financial reporting, potential compliance issues, and missed opportunities for optimizing cash flow.
Solution
Cifrato offers an AI-powered accounting copilot designed to automate core financial operations. The platform integrates directly with fiscal entities to ingest electronic invoices, eliminating manual data entry and reducing processing errors. It also connects with point-of-sale (POS) systems and bank accounts to ensure real-time inventory updates and facilitate intelligent bank reconciliation. By automating these repetitive tasks, Cifrato frees up accounting professionals to focus on higher-value activities such as financial planning and analysis.
Target Audience
Cifrato serves accounting departments and finance teams within businesses that process a significant volume of invoices and require accurate, real-time financial data.
Features
- AI-driven invoice causation with direct integration to Latin American fiscal entities (DIAN, SII, SAT, SUNAT, ARCA).
- Automated ingestion of electronic invoices, reducing manual data entry and associated errors.
- Real-time inventory and ledger synchronization via POS system integrations.
- Intelligent bank reconciliation that matches transactions with invoices and payments.
- AI models trained to understand tax regulations, withholdings, and business-specific rules to minimize compliance risks.
- Secure API for connecting with various financial systems and data sources.