Infaster

Infaster automates accounts payable and receivable for growing businesses by streamlining electronic invoicing and payment reconciliation. The platform integrates with ERP systems to manage CFDI invoices and SPEI payments, reducing manual effort and improving accuracy.

Updated 2 months ago

Funding

Funding not disclosed

Funding rounds are not available yet.

Founders

Founder details are not available yet.

Product

Problem

Growing businesses face significant manual effort and potential inaccuracies in managing accounts payable and receivable processes, particularly concerning electronic invoicing and payment reconciliation. This manual overhead can lead to delays in financial operations and challenges in maintaining compliance with tax regulations.

Solution

Infaster provides an automated platform designed to streamline accounts payable and receivable workflows for growing businesses. The system facilitates electronic invoicing and automates payment reconciliation by integrating with ERP systems. It specifically handles the issuance of CFDI invoices and the processing of SPEI payments, reducing manual intervention and enhancing accuracy. The platform also supports the auto-issuance of invoices for service providers and integrates with payment gateways to automate mass invoicing for clients. This comprehensive automation aims to improve operational efficiency and ensure regulatory adherence.

Target Audience

The platform targets startups and growing businesses that require automation for their accounts payable, accounts receivable, and electronic invoicing processes, particularly those operating within Mexican tax regulations.

Features

Automated reconciliation of customer payments via STP and SPEI, identifying transfers using unique CLABE accounts.
Real-time transaction processing and automatic posting to ERP systems.
Auto-issuance of invoices for service providers, gig-economy workers, and commission-based personnel.
Streamlined payment authorization and disbursement to vendors.
Automated generation of service invoices for clients by importing transactions from payment gateways (e.g., Openpay, Conekta, PayPal, Clip).
ERP integration for automated posting of policies, accounting entries, and customer/vendor fiscal data.
Functionality for clients and vendors to upload Constancia de Situación Fiscal (CSD) and update fiscal data for CFDI 4.0.
Automated generation of withholding certificates for technology platforms (SAT regime 625).
Reduced manual data entry for accounting policies, catalogs, and documents.