On July 6th 2022, Peakflo announced its $4.1M seed funding from Y Combinator, Rebel Fund, Amino Capital, Soma Capital, GMO Fintech Fund, CE Fintech Capital, GFC, EF and Angel Investors (such as Oliver Jung, Amrish Rau, Alexander Kudlich and XA network).
How to Streamline the Employee Reimbursement Process in 6 Steps In most organizations, expense reimbursement procedures require employees to collect receipts, make spreadsheet reports, and submit their requests to the
How Finance Teams Can Get Faster Approvals Image by vectorjuice on Freepik For most accounts payable departments, getting a purchase order (PO) approval is time-consuming. In fact, a study showed
Year-End Closing Checklist: 8 Steps to Close Books Seamlessly Year-end closing can be a stressful period for finance and accounting teams alike. The manual process of collecting and reconciling transactional
How Accounts Receivable and Payable Automation Removes Month-end and Year-end Closing Headaches Month-end closing is just as time-consuming and frustrating as the year-end closing for finance teams. The monotonous routine
How to Manage Accounts Payable Process Effectivelyâ Not every organization gets to pay right away as soon as they buy from a vendor. In most vendor transactions, businesses are allowed
A Guide to Small Business Financial Statements Businesses of any size or industry can benefit from generating regular financial statements. Even when starting out, financial statements become a vital business
Improve Your Business with Optical Character Recognition (OCR) Optical Character Recognition (OCR) is an automation technology that helps digitize bill payments, streamline repetitive tasks, and improve your overall Account Payable
7 Finance Reports to Make Daily, Weekly & Monthly Nothing says business success more than consistent, stellar financial performance. Healthy finances drive business growth and provide security from unforeseen circumstances.
The accounts receivable automation (AR Automation) process means automating the production, sending, and collection of invoices. AR Automation involves using software, often with artificial intelligence and machine learning technology, to streamline the AR collections process.
We all have heard that liquidity often proves more critical for a business than profitability. Accounts receivable directly impact a businessâs liquidity. Yet, we see so many businesses undermining AR as a key metric for business growth.
Accounts receivable software is a type of business software that helps businesses manage and track their accounts receivable. This type of software can automate many of the tasks associated with
Peakflo Panel: How to Future-proof Your Finance Function SINGAPORE, SEPTEMBER 21st, 2022 â Peakflo conducted a live panel session at the Accounting and Finance Show 2022, featuring: Saurabh Chauhan, Co-founder
Streamlining Finance Processes to Power through These Uncertain Times Due to the sharp decline in the global macroeconomic outlook, a lot of startups and SMEs are actively cutting down expenses
6 Qualities of a Great Modern Chief Financial Officer (CFO) As technological innovations take over finance and accounting, chief financial officers (CFO) have become the harbingers of digitization to the
How to Survive Funding Winter by Streamlining Finance Function Costs Those in the startup scene are no longer a stranger to the funding winter thatâs taking over the world right
Peakflo announces its seed funding On July 6th 2022, Peakflo announced its $4.1M seed funding from Y Combinator, Rebel Fund, Amino Capital, Soma Capital, GMO Fintech Fund, CE Innovation Capital (CEiC), GFC, EF
Accounts Receivable Best Practices in 2022 to Maximize Cashflow The right accounts receivable management indicates a significant impact on the revenue and cash flow of your business. A strong and
Empower Your Finance Team with Automation Businesses are working harder than ever to identify the most cost-effective approach to expand aggressively. But as SMEs are scaling faster, the major challenges
Make It Easier for Your Customers to Pay You with Line Messenger! We oftentimes set up automated workflows to follow up on unpaid invoices without considering what type of reminders
Here are 5 Financial Reports Your Business Should Run Transactions take place all the time in a business â either your business earns or spends money. Organizing these transactions into
Improving Invoice Payment Terms: Top 7 Tips Youâve had everything sorted out for your business. You have the right team, and customers love your services. Sales are doing better than
Is Accounts Payable Liability or Asset? Every financial activity a company performs requires an accounting entry. Since a good chunk of these entries belongs to either the asset or liability
All About Accounts Payable Many businesses focus solely on managing accounts receivables. While that obviously is essential, accounts payable is also something you donât want to ignore. Both AP and
Strategies for Improving Accounts Receivables Over-the-top sales can be exhilarating, making you feel like youâve hit your mark financially. But deep down, you know you donât get to rest just
What is Accounts Receivable? Many businesses offer credit terms to their customers, meaning they provide the goods or services now and collect payment later. This model comes in handy when
Modernizing Finance Leadership in 2022 & Beyond On February 9,2022. We hosted our first webinar of the year with Varun Mittal, Chief Growth Officer of Singlife. Varun and Saurabh discussed
Peakflo Is Now Available On The Xero App Store If youâre running a cash management team, chances are youâve already dealt with repetitive tasks, from slow invoicing and reminder systems
What is cash flow monitoring? All businesses must reduce the risk of cash flow problems. Despite all the problems that the COVID-19 pandemic has brought, even the most trustworthy customers
Calculating Your Accounts Receivable Collection Period Uncollected AR is one of the reasons why many businesses experience cash crunches. During these crunches, spending power becomes either severely limited or nonexistent.
Do not settle for a one-size-fits-all billing solution Businesses that rely on inefficient, rigid, or manual billing systems are not able to scale up and market innovative products and services.
It can be frustrating to wait for a payment that is not due. An online invoice maker can help you get rid of the frustration. Although paper invoices are still
How to Prepare Insightful Cash Flow Statement Projections It doesnât come as a surprise that starting and growing a business is no easy feat. But despite the challenges, entrepreneurship is
What are the benefits that companies who use account receivable software often see? Simply put automated account receivable software is like hiring the perfect employee. They follow your instructions, don’t
Cash flow refers to the money that flows into and out of your company that is income and expenses. Cash flow is the ability to pay your bills, meet your
How to Design Professional Invoices that Gets You Paid Fast The job is complete; youâve made the delivery. Your client was more than happy to thank you for your work.
Payment Reminder Templates that Actually Work If youâre running a small-medium-sized enterprise, youâve probably been there. Youâve set the agreement clear, signed the deal, had a great conversation with the
The Ultimate Guide to Business Financial Planning Every business wants to accomplish its own set of long and short-term goals. Yes, some goals are more relevant than others, and the
What are Smart Invoice Reminders and How to Automate Them? Â Every organization would love to get paid early. On-time payments from customers allow businesses to improve their handle on
Ultimate Guide for Reducing DSO You might have heard of the phrase âcash is kingâ, particularly when it comes to business. Truth be told, a healthy cash flow separates entities
Peakflo Webinar âSetting up Finance Ops Teams for Successâ We’re delighted to be part of Accounting and Finance Show Asia 2021, as a silver sponsor and speaker on 21st September 2021.
This SFA FinTech Certificate is a certification for Singapore-registered companies to be certified as a âFinTechâ under SFA. It is also recognized by the Monetary Authority of Singapore (MAS).
This certification acknowledges Peakflo’s ability to streamline accounts receivable for businesses across the region.
Peakflo helps you get paid faster by automating customer reminders via a centralized workspace. Now you can automate WhatsApp messages to meet your customers where they are!
© 2021 by Peakflo. All rights reserved.
