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Aims to grow its customer base by 3x by the end of 2023 25 July, 2023: CashFlo, India's only integrated Accounts Payables and Supply Chain Financing Platform, today announced the expansion of its product portfolio with the launch of its flagship Payments and Accounts Payables (AP) Automation & Payments product suite. Designed to revolutionize the financial operations of enterprises, this suite leverages Artificial Intelligence (AI) to automate complex tasks such as invoice-to-pay processes, approval workflows, and real-time GST checks, enabling businesses across industries to achieve unrivaled operational excellence. According to a 2022 survey, only 9% of businesses globally have fully automated their AP function, and even lower in India. This means that the majority still rely on manual processes, causing stress to AP teams and increasing risk of errors, also hindering decision-making, cash flow optimization, and supplier relationships. CashFlo's AP Automation &Payments suite addresses these challenges, revolutionizing corporate finance functions and empowering enterprises to achieve unparalleled operational excellence& stay on top of compliance.
