Zenstatement provides an AI-powered platform for retail and F&B businesses to simplify financial reconciliation and cashflow management. The system centralizes data from various sources to automate collections, payout validation, and reporting. This results in streamlined operations, reduced manual errors, and improved financial visibility for high-volume enterprises.
Funding
$1.6M 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 struggle with fragmented financial data across multiple revenue streams, leading to difficulties in reconciling transactions and managing diverse payment methods. This complexity results in significant manual effort, increased errors, and a lack of real-time visibility into cash flow.
Solution
ZenStatement offers an AI-powered platform for cash flow observability and optimization, designed to automate financial operations and provide real-time monitoring of accounts receivable. The system reconciles high-volume transactions from various online and offline channels, including marketplaces, payment gateways, and direct sales. By automating financial operations and providing a unified view of receivables, ZenStatement helps businesses identify and eliminate revenue leakages, accelerate dispute resolution, and improve overall cash flow efficiency. The platform's AI-driven insights provide real-time accounts receivable, aging, and collection reporting, enabling risk-based collection management and proactive decision-making.
Target Audience
ZenStatement primarily targets enterprise finance teams and CFOs seeking to automate financial operations, improve cash flow visibility, and optimize accounts receivable management across multiple revenue streams.
Features
- Automated reconciliation of millions of entries from diverse revenue streams.
- AI-powered insights for real-time accounts receivable, aging, and collection reporting.
- Risk-based collection management with personalized and automated follow-up.
- Unified dashboard for receivables management and centralized cash flow observability.
- Automated credit scoring based on internal and external factors.
- Dispute management workflow with audit trail and collaboration tools.
- Integration with internal ecosystems (OMS, accounting systems, ERP, FP&A) and external ecosystems (marketplaces, payment gateways, logistics, banking).
- Automated workflows for buyer qualification, onboarding, and sales order processing.