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.
Gain complete visibility into where cash is stuck and dig into reason for delays at any level - collector, account, subsidiary, parent organization.
Experience AI that identifies behavioral patterns, detects payment risks, and designs strategies that gets you paid faster.
Design automated workflows that adapt to customer communication and send precise nudges that get faster responses.
Give stakeholders visibility within Slack & Salesforce, enable coordinated responses to resolve disputes quickly, and build stronger customer relationships.
Forecast accurately with predictive intelligence that factors in payment history, industry and geographical factors to make lives easier for FP&A and Treasury teams.
Growfin's AI automatically reads remittance data, invoices, and payment signals to match and apply payments effortlessly and in real-time.
In 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.