CashflowMantra - Accounts Receivable Suite

AI-driven system to fast-track invoice payments. Smart bots that not only expedite payments but also do timely follow up on each invoice, ensuring each payment comes on-time every-time.

Reduce days sales outstanding (DSO) by up to 25%. Increase payment collection efficiency by 35%. Save upto ₹4 Lakhs annually in operational costs.

Invoice Management (Interactive Invoice)

Key Features

  • Interactive Invoice Creation and Multi-channel Sending
  • Payment Gateway Integration
  • Invoice Receipt Acknowledgment
  • Tentative Payment Date Capture
  • Dispute Resolution Handling
  • GST E-invoicing integration

Potential Operational Improvement

  • 30% Faster Payment Collection
  • 40% Reduction in Dispute Resolution Time
  • 25% Decrease in Overdue Payments
  • 20% Reduction in Manual Errors

Potential Core Business Benefits

  • Get Payments 30% Faster
  • Reduce Days Sales Outstanding (DSO) by 25%
  • Save up to ₹4 Lakhs Annually in Operational Costs (RCO)

Reminder Automation

Key Features

  • AI-Driven Reminders Bots for Invoices acknowledgement and proof of delivery
  • Multi-Channel Reminder and Follow up (Email, SMS, WhatsApp)
  • Customizable Communication Messages
  • Customer Profile-Based Follow-Up Strategy
  • Payment Follow-Up Bots
  • Self-Reporting Bot Performance Metrics

Potential Operational Improvement

  • 2X Increase in Timely Payments (overtime)
  • 3X Reduction in Manual Follow-Up Efforts
  • 4X Improvement in Customer Engagement with Reminders
  • 1.5X Enhanced Success Rate in Collections

Potential Core Business Benefits

  • 25% Decrease in Days Sales Outstanding (DSO) (additional to invoice management)
  • 100% Improvement in Staff Productivity
  • 40% Improvement in Payment Collection Efficiency

Real-Time Reconciliation

Key Features

  • Consolidated View of Open and Closed Invoices
  • Running Ledger with Real-Time Transaction Updates
  • Automated Ledger Report Generation

Potential Operational Improvement

  • 5X Faster Resolution of Invoice Discrepancies
  • 5X Quicker Access to Invoice Transactions Data
  • 3X Reduction in Time Spent on Reconciliation

Potential Core Business Benefits

  • 50% Faster Reconciliation Process
  • 30% reduction uncertainties and disputes.
  • 80% Decrease in Administrative Effort
  • 80% reduction of time in generating reports related to invoices and ledger.

Invoice Analytics

Key Features

  • Analysis of Invoice Acceptances
  • Customer wise time to pay
  • Reporting on Disputes
  • Payment Commitments Reporting
  • Customer Behavior Analysis

Potential Operational Improvement

  • 2X Faster Identification of Problematic Invoices and Customers
  • 3X Improvement in Dispute Resolution Efficiency
  • 2X Accuracy in Forecasting Payment Receipts

Potential Core Business Benefits

  • 25% reduction in average billing cycle
  • 30% Improvement in invoicing related risk assessment and credit control
  • 20% Increase customer satisfaction by achieving accuracy
  • 20% enhancement in forecasting and risk assessment precision.

Frequently Asked Questions – Accounts Receivable Suite

CFO Mantra is designed to work seamlessly with major accounting platforms like Tally, Busy, Zoho etc, it provides a smooth synchronization of data for Tally and Ready to use uploads for Busy and other systems.

To activate the system, we’ll need import to your master data from Tally or any other accounting system, a list of user roles, and your specific business rules for invoicing and payments. Our team will guide you through a simple setup process.

CFO Mantra uses the latest encryption standards and complies with international data protection regulations to secure your data and information. Regular audits and updates keep your data safe and private.

We provide dedicated support throughout the implementation, including training sessions, a helpdesk service, and an account manager to ensure a smooth transition and ongoing assistance.

Reminder Automation uses AI to analyze payment behaviors and customizes follow-up strategies in terms of frequency of messages, the mode of communication (like WhatsApp, SMS or email) and message content tone — ensuring communication is appropriate and specific to each customer’s paying history, behavior and relationship.

No, at this moment, the CFO Mantra App is only available on the web browsers, the mobile app will be available (without any additional cost) in next 4-6 months that will provide all the key features, so you can manage your cash flow and perform essential tasks from anywhere.

The Real-Time Reconciliation feature does not handle the discrepancies automatically; however, it provides you the ability to see the reports and data in real time so that you can find if there is any discrepancy or issues, offering a ready system to quickly investigate and resolve any differences between recorded and actual transaction figures.

Absolutely. Invoice Analytics allows you download the raw data into an excel, using that data you can create custom reports based on your needs. Otherwise, the canned reports as available in system would satisfy your need of understanding your invoicing related analytics comprehensively.