Mochi is a receivables management platform that automates invoicing and collections for SMEs, enabling them to streamline billing processes and consolidate payment tracking. By offering multiple payment options and automated reminders, Mochi helps businesses reduce late payments and maintain healthy cash flow.
Funding
$170K 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
Many small and medium-sized enterprises (SMEs) spend excessive time on invoicing and collections, leading to delayed payments and inconsistent cash flow. Manually tracking payments across multiple channels and sending reminders is time-consuming and prone to errors.
Solution
Mochi provides a billing and collections platform that automates invoicing, payment reminders, and payment tracking for Filipino SMEs. The platform streamlines the invoicing process by offering customizable templates and recurring invoice features. Mochi consolidates payment tracking, enabling businesses to verify payments and enforce policies to maintain healthy cash flow. By offering multiple digital payment options, such as GCash, credit/debit cards, and QR PH, Mochi simplifies the payment process for customers, leading to faster payments.
Target Audience
Mochi primarily targets Filipino SMEs, including marketing and advertising agencies, property management firms, financial portfolio managers, review centers, learning hubs, freelancers, and gym/wellness studios.
Features
- Automated invoice generation with customizable templates
- Recurring invoice scheduling for repeat customers
- Support for multiple digital payment methods (GCash, credit/debit cards, QR PH) via PayMongo integration
- Automated payment reminders with customizable schedules
- Real-time payment status tracking and reconciliation
- Customer database for storing customer information and billing preferences
- Reporting dashboard for monitoring cash flow and payment trends
- Order management tools for handling bookings, payments, and reports (suitable for review centers and travel agencies)