Kodo
Kodo provides a unified spend management platform that automates accounts payable, vendor payouts, corporate card controls, and employee reimbursements. The platform combines enterprise-grade financial controls with the agility needed by startups and mid-market companies, featuring an AI-powered invoice processing agent that uses OCR to capture line-item data and apply TDS/GST rules automatically.
- Enterprise Software
- Financial Technology
- AI Agents
- Software Only
- Artificial Intelligence
Funding
Funding not disclosed
Founders
Founder details are not available yet.
Product
Problem
Businesses struggle with fragmented spend management processes, relying on manual invoice processing, ad-hoc vendor payments, and uncontrolled employee expenses. This leads to inefficiencies, compliance risks, and a lack of real-time visibility into company spending, which hampers growth and financial decision-making.
Solution
Kodo provides a unified spend management platform that automates accounts payable, vendor payouts, corporate card controls, and employee reimbursements. The platform combines the powerful financial controls of large enterprise systems with the agility and flexibility needed by startups and mid-market companies, without requiring long implementation cycles. Kodo's invoice automation agent uses advanced OCR to capture line-item data from purchase invoices, validates it against company masters, and applies applicable TDS/GST rules for accuracy and compliance. The platform offers customizable approval workflows, real-time corporate card limits and insights, and seamless integration with ERP systems like Zoho Books, Tally, Microsoft Dynamics, and SAP Business One.
Target Audience
Primary customers are finance teams, CFOs, and procurement departments at startups, mid-market companies, and enterprises that need to streamline spend management, enforce financial controls, and scale their operations efficiently.
Features
- Accounts Payable Agent with advanced OCR for automated data capture and line-item extraction from purchase invoices
- Automated validation of invoice data against company masters with TDS/GST application for compliance
- Vendor payment automation with flexibility and control for scheduled and ad-hoc payouts
- Corporate cards with real-time spending limits, transaction tracking, and expense insights
- Employee reimbursement workflows with configurable limits and approval processes
- Customizable approval workflows including maker-checker-approver and nested workflows for complex policies
- Seamless integration with ERP systems including Zoho Books, Tally, Microsoft Dynamics, and SAP Business One
- Collaboration features with dedicated comments on purchase requests, orders, and invoices, plus role-based access control