rtZen provides an agentic AI platform designed to automate and streamline complex financial operations for finance teams. The platform enables users to build custom finance applications, automate workflows like invoice matching and reconciliation, and deploy autonomous agents that execute routine tasks end-to-end. This results in increased operational resilience, accuracy, and speed, allowing finance professionals to focus on strategic activities rather than manual data processing.
Funding
Funding not disclosed
Founders
Product
Problem
Many businesses struggle with fragmented financial operations across multiple locations and currencies, leading to inefficient cash management, manual errors, and limited real-time visibility. This lack of a unified view hinders informed decision-making and strategic financial planning.
Solution
rtZen is a finance automation platform that provides real-time cash flow visibility and AI-driven insights across multiple locations and currencies, enabling businesses to optimize their cash management processes. The platform automates accounts payable (AP) and accounts receivable (AR) tasks, reduces manual errors, and accelerates financial operations. rtZen offers a centralized control panel for managing payment approvals, automating routine tasks, detecting anomalies, and controlling access. Its AI Copilot, chatbot, and helpdesk streamline workflows, provide intelligent recommendations, and automate responses to vendor queries and customer collections.
Target Audience
rtZen targets CFOs, controllers, treasurers, AP managers, and AR managers across various industries, including multi-unit franchises, food and beverage, and software technology companies.
Features
- Real-time CXO dashboards for monitoring cash positions, net cash flows, and balances across accounts and currencies.
- Multi-bank and multi-entity management to handle all bank accounts, currencies, locations, and business units in one platform.
- AI-powered invoice capture, GL allocation, and vendor/department suggestions.
- Automated multi-step bill approvals and customizable multi-way PO matching.
- Automated invoicing and reminders to reduce days sales outstanding (DSO) and accelerate cash flow.
- Integration with banks, ERP, and CRM systems for automated reconciliation.
- Role-based permissions and multi-factor authentication (MFA) for secure data access.
- SOC2 compliance ensuring data security and auditable processes.