Over 50% of enterprise invoices go overdue despite ERP-based automations. Growfin's Behavioral AI adapts to customer signals on the fly enabling faster collections, complete visibility, and precise forecasts.
Automation in Collection tasks
Reduction
in DSO
Reduction in Time to Collect
Increase in Cash Flow
Growfin has transformed our accounts receivable management. The automated processes and seamless data flow have allowed us to focus more on strategic initiatives rather than manual tasks.
Growfin’s AI-powered Health Score gives us an accurate view of accounts to prioritize. Now, our percentage of overdue invoices has dropped from 25% to 22%, overdue dollars have dropped from 20% to 15%, and our DSO has reduced from 45 to 30 days.
Our older and aged invoices have been getting paid faster with Growfin. Their team was super helpful during implementation, and their support has been incredibly fast.
With Growfin, our AR processes are not only more efficient but also more organized. This has led to a 20% reduction in manual effort and a 30% reduction in outstanding receivables, increasing our cash flow by 27%.
Growfin brings together all customer signals into a central platform where its Behavioral AI analyzes the data to inform and automate your AR process.
Track collections and reason for delays at any level - collector, account, subsidiary, organization
Learn MoreAnalyze patterns, identify risks, and design strategies that balance collections and relationships
Learn MoreDesign workflows that reflect customer relationships, balance efficiency and personal touch
Learn MoreGive stakeholders visibility, enable coordinated responses to resolve disputes quickly, and maintain customer context
Learn MoreLeverage AI/ML to get accurate forecasting and cash flow trends and plan with confidence
Learn MoreAutomate remittance data extraction and payment matching with AI-powered pattern recognition
Learn MoreIn our second quarter. We brought in the right amount to make corporate send us a congratulations email.
Growfin’s customer support has been a huge asset for us. The team has always been available, whenever we need assistance, right from the start.