F360 offers a financial management platform that automates processes such as bank reconciliation, cash flow tracking, and accounts payable integration for retail and franchise businesses. This solution enables users to gain real-time insights into their financial performance, reducing manual errors and improving operational efficiency.
Funding
$9.5M 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
Retail and franchise businesses often struggle with fragmented financial data, leading to manual reconciliation processes, inaccurate cash flow visibility, and difficulty in generating timely financial reports. This lack of integration across various financial functions increases the risk of errors and reduces operational efficiency.
Solution
F360 offers a comprehensive financial management platform designed to automate and integrate key financial processes for retail and franchise businesses. The platform consolidates bank reconciliation, cash flow tracking, accounts payable, and financial reporting into a single system, providing real-time insights into financial performance. By automating tasks such as card reconciliation and SEFAZ integration, F360 reduces manual effort, minimizes errors, and improves the accuracy of financial data. Users can generate customizable financial reports, including DRE (Demonstrativo de Resultados do Exercício), and compare actual vs. planned expenses to project financial outcomes and make informed decisions.
Target Audience
F360 primarily targets retail and franchise businesses seeking to streamline financial operations, improve accuracy in financial reporting, and gain real-time insights into their financial performance.
Features
- Automated reconciliation of credit and debit card transactions to ensure accurate tracking of fees charged by administrators
- Customizable cash flow visualization for effective monitoring of financial inflows and outflows
- Automated generation of DRE (Demonstrativo de Resultados do Exercício) with segmented views by brand or group
- Integration with SEFAZ for automated accounts payable processing of supplier invoices
- Bank reconciliation feature to compare bank statements with receivables and payables
- Budget planning tool for comparing planned vs. actual expenses and projecting financial results
- Multi-company financial management to consolidate and monitor results across multiple businesses
- Role-based access control to ensure data security and compliance