Neofin provides a B2B payments platform that automates invoicing and accounts receivable management through intelligent segmentation and customized communication cadences across multiple channels. This solution reduces manual processes and transactional fees, enabling finance teams to enhance cash flow and improve collection efficiency.
Funding
$4M 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 businesses face challenges in managing accounts receivable, including manual invoicing processes, difficulties in segmenting customers, and inefficient communication, leading to delayed payments and increased transactional costs. This can result in hindered cash flow and reduced collection efficiency.
Solution
Neofin offers a B2B payments platform designed to automate invoicing and accounts receivable management through intelligent customer segmentation and customized communication strategies across multiple channels. The platform enables businesses to create tailored collection workflows based on customer profiles, automate reminders via WhatsApp, email, and SMS, and record payment promises. By integrating with various ERP systems and offering strategic reports, Neofin streamlines the collection process, reduces manual tasks, and enhances cash flow.
Target Audience
Neofin primarily serves businesses across various industries, including healthcare, franchising, accounting, distribution, manufacturing, and education, seeking to optimize their accounts receivable processes.
Features
- Automated dunning process with personalized communication cadences based on customer segmentation
- Multi-channel support for payment reminders and notifications (WhatsApp, email, SMS)
- Integration with popular ERP systems (e.g., Omie, Protheus, Nomus) via native integrations and APIs
- Strategic reporting and CRM features for tracking payment promises and managing customer relationships
- Automated negative listing and protest functionalities
- Customer credit restriction consultation
- Payment receipt account