Chungoose is an accounts receivable automation platform for Korean small and mid-sized businesses that still chase payments by hand.
Finance teams issue invoices in spreadsheets, check bank portals for deposits, reconcile line by line, write awkward reminders, and issue e-tax invoices separately. Chungoose connects all of it into one flow.
Send an invoice once: delivery, e-tax invoice issuance, and cash receipts follow automatically. Bank integration confirms payments, and AI matches partial and split deposits to the right invoice. Overdue invoices trigger automated reminders by KakaoTalk and email, so no one makes the uncomfortable call. Card, direct debit, cash receipt, and e-tax invoice sit in one place. Collections handoff is built in through a partnership with Seoul Credit Rating and Information.
Measured across customers: 30+ day overdue invoices down 83.3%, bad debt down 75%, payment 19 days faster, and billing work down from 8.1 to 1.7 hours per week.