How InMobi decreased their Average overdue days by 9 and increased invoicing efficiency by 100%.
"By using Peakflo’s invoicing and automated reminders, we’ve been able to decrease our average overdue days by 9, increase invoicing efficiency by 100%, and the bandwidth of our finance team by 30%. The custom reports in Peakflo also help us have visibility over our due and overdue invoices. "
Senior Manager at InMobi
See How Much InMobi has Saved with Peakflo
days reduction in Average Overdue Days
improvement in invoicing efficiency
increase in the collection team's bandwidth
Based in: India
Peakflo customer since: March 2023
Invoices per month: 2500
InMobi is a leading provider of marketing and monetization technologies. With deep expertise and unique reach in mobile, it is a trusted and transparent technology partner for marketers, content creators, and businesses of all kinds.
Key Takeaways 🔑
- Manual invoice creation
- Sending invoices to customers and following up on unpaid invoices.
- No transparency over the due and overdue invoices
Peakflo automated reminders
Peakflo built-in and custom reports
Problem: Manual invoice creation
Solution: Creating customizable and dynamic tax compliance invoices
Problem: Manually sending invoices to customers and following up on unpaid invoices
Before Peakflo, InMobi’s finance team sent invoice reminders one by one and had difficulty tracking the sent reminders and keeping up with the due and overdue invoices. It was a very tedious job and it was a nightmare to handle. The customers would also claim they didn’t get the reminders since there was no visibility over the audit trail.
Solution: Peakflo automated workflows
With Peakflo’s automated workflows, InMobi’s collections team automatically sends all the invoice reminders through emails to their customers now with full visibility over the audit trail. By automating the invoice reminders, 30% of the collections team’s bandwidth has opened up and now they have more spare time and are able to upscale their team.
Problem: No transparency over the due and overdue invoices
Solution: Peakflo built-in and custom reports
""By using Peakflo’s invoicing and automated reminders, we’ve been able to decrease our average overdue days by 9, increase invoicing efficiency by 100%, and the bandwidth of our finance team by 30%."