FinFloh

39 reviews

FinFloh is an AI-driven finance technology platform designed to optimize accounts receivable processes for B2B finance teams. By integrating machine learning and artificial intelligence, FinFloh automates critical functions such as credit decisioning, invoice generation, collections, and cash application. This comprehensive solution aims to reduce Days Sales Outstanding , enhance collections efficiency, and provide finance teams with complete control over cash flows. Key Features and Functionality: - Floh Collect AI: Automates A/R collections by sending tailored reminders, managing overdue invoices, assigning collectors' worklists, and tracking promise-to-pay commitments. - Floh Credit AI: Accelerates customer onboarding with automated credit scoring, utilizes market and historical data for credit intelligence, sets credit terms within CRM systems, and provides real-time credit risk alerts. - Floh Recon AI: Optimizes cash application by auto-capturing payment information from banks, extracting remittance data from emails or portals, intelligently matching payments to invoices or customers, and dynamically posting cash into ERP systems. - Floh Invoice AI: Reduces manual overhead in invoicing by syncing with CRM/order/contract data, tracking invoice timelines, delivering invoices to buyer inboxes or AP portals, and converting canceled invoices into credit memos. Primary Value and Solutions Provided: FinFloh addresses common challenges in the credit-to-cash cycle by automating and streamlining A/R processes. Finance teams benefit from reduced manual tasks, leading to significant time savings—up to 200 man-hours per month, with potential scaling to 400 man-hours. The platform has demonstrated a reduction in DSO by 40-50% and an increase in on-time payments by 10% for invoices overdue by 30 days. By transforming data chaos into a unified data warehouse, FinFloh empowers CFOs and B2B finance teams to gain complete control over cash flows, make informed credit decisions, and enhance overall financial efficiency.