Finfloh

What is Finfloh?

FinFloh is a global accounts receivables (AR) automation software designed to streamline AR operations, improve collections efficiency, and optimize cash flows. This software incorporates AI technology to automate multi-channel follow-ups, facilitate collaborative communication between buyer and seller teams, automate cash application for swift reconciliation, and utilize buyer intelligence for data-based credit decisions. It offers features such as reducing Days Sales Outstanding (DSO), increasing cash flows, minimizing manual errors, integrating with various platforms, and ensuring data security compliance with SOC 2, GDPR, and ISO standards.

In summary, FinFloh aims to revolutionize how businesses manage their receivables by providing efficient automation, streamlined operations, and improved collections efficiency through AI-driven capabilities.

Who created Finfloh?

FinFloh was founded by Amartya Singh and Shivam Rawat. The company was launched on March 23, 2024. FinFloh is a global Invoice-to-Cash platform aimed at empowering Modern CFOs and B2B Finance teams by ensuring timely receivables, mitigating credit risks, expediting dispute resolution, fostering collaboration, and automating cash application seamlessly. The founders have significant experience in sectors like PaymentTech, FinTech, Education, and Consulting, contributing to renowned firms such as KPMG, Samsung, and more.

What is Finfloh used for?

• Automated cash application
• Reduction in DSO
• Increase in Cash Flows
• Reduction in Decision Making Time
• Increase in Collections Efficiency
• Application of OCR in cash application
• Better market insights
• Improved credit decisioning
• Efficient receivables data management
• Secured data management

Who is Finfloh for?

• Finance
• Accounting
• Accounts Receivable Management
• CFOs

How to use Finfloh?

To use FinFloh effectively, follow these steps:

1. Understanding FinFloh: FinFloh is an accounts receivables (AR) automation software powered by AI designed to streamline AR operations and enhance collections efficiency.

2. Key Features: Utilize features like automated multi-channel follow-ups, automated cash application for quick invoice-cash reconciliation, and buyer intelligence for data-based credit decisions.

3. Automation Process: Leverage AI-powered multi-channel follow-ups customized to the buyer's credit risk and payment behavior, automated cash application, and data-driven credit decisions.

4. Improving Collections Efficiency: Benefit from prioritized collection worklists, multi-channel payment reminders, predefined dunning templates, and real-time risk alerts to manage unpaid invoices and reduce delays.

5. AI Integration: Make use of AI for efficient and accurate credit scoring, enabling faster credit decisions and helping forecast payments and cash flows based on market insights and data trends.

6. Collaborative Platform: Engage buyer and seller teams efficiently through a collaborative platform, improving communication and dispute resolution for enhanced cash flow.

7. Data Security Compliance: Rest assured with data security compliance measures including SOC 2, GDPR, and ISO standards to ensure secure management of user data.

8. Integration Possibilities: Seamlessly integrate FinFloh with various platforms like ERP/accounting systems such as Oracle Netsuite, SAP, Microsoft Dynamics 365, and more for centralized data management.

9. Reducing Manual Tasks: Reduce manual efforts with automated cash application and AI-driven multi-channel follow-ups that adapt to buyer behavior, reducing errors and accelerating collections.

10. Boost Collaboration: Foster collaboration within financial teams by utilizing FinFloh's collaborative platform to resolve issues, streamline processes, and ensure faster payment collections.

By following these steps, you can effectively utilize FinFloh to automate AR processes, enhance collections efficiency, and streamline accounts receivable operations efficiently.