Boost your company's financial health with 3-way matching!
Protect your company against manual efforts of detecting overpayments, under deliveries and fraud with accurate two & three way matching!
Trusted by 100+ Finance Teams
Why finance leaders choose Peakflo
Automate bill to purchase order matching!
With AI-powered invoice capture, Peakflo will scan all your bill details and based on the PO number on the bill, it will automatically match the received purchase order to the bill and flag any mismatches.
Customize your PO to bill matching for advance payments!
For businesses that require advance payments, by choosing âadvance paymentsâ as the payment type, the validations will be done based on the PO line item quantities.
Seamlessly match purchase orders to receipt notes!
Your vendors can easily create invoices from approved receipt notes. Then your inventory or inspection team can check and inspect the deliveries and match it to the purchase order after validation.
PO to RN line item matching
Peakflo will automatically match the receipt note line item price and quantity to the purchase order and flag any mismatches or discrepancies.
Customize your PO to bill matching for payments on delivery!
For businesses that receive payments after the delivery of goods or services, by choosing âPay on deliveryâ as the payment type, the validations will be done based on what has been received and what has been billed.
Follow up on mismatches with your procurement, inventory and finance team in one place!
Easily follow up on the mismatches by tagging the relevant stakeholders and leaving comments. The stakeholders will get notified immediately and can respond using Peakflo. All your internal communications and activities will be stored in Peakfloâs timeline.
Easily track all your three way matching at a glance!
Your finance and procurement team can easily track all the details regarding the three way matching in one place. They can check the balance, payments and partial deliveries at a glance.
Faster and accurate Audits
Prepare for auditing much faster and ensure your companyâs financial health by avoiding incorrect payments and deliveries.
Precise payments and deliveries
Say goodbye to overpayments and under deliveries
Flag duplicate invoices
Peakflo will automatically flag any duplicate invoices to avoid overpayments.
Keep vendors & suppliers in the loop with Peakflo vendor portal!
Strengthen your relationship with vendors with utmost transparency.
Allow vendors and suppliers to:
- View their receivables at a glance from their vendor portal!
- Create invoices against receipt notes and purchase orders with a click!
- Check the payment status & communicate seamlessly!
- Store and access all files in one place!
Success Stories
How Gazzda improved DSO by 8 days by automating payment reminders and saved 72 man-hours per month on vendor invoice data entry and payments.
Before Peakflo, Gazzda team had to manually send follow-up emails for 300 invoices per month. Gazzda team also had a hard time doing manual data entry for vendor invoices received by paper and track their status. With Peakflo, Gazzda can automate payment reminders. The scattered vendor invoice management became centralized and the vendor invoice processing has gotten much faster and easier.
How Hai Sia saved 66 manhours per month and reduced bill pay time by 80%
Before Peakflo, every department in Hai Sia had to submit reimbursements and bills for approval via email or hardcopy documents. Approvals is also very hard to track. With Peakflo WhatsApp OCR, Hai Sia team need to only take a picture of the bill and send it to WhatsApp, and the bill entry gets automated. On top of it, Hai Sia team can track approvals, payments and vendor communication seamlessly in one place.
How Rey Saves 89% Time and 210 Man-Hours on Payment Approval and Budget Management with Peakflo
Before Peakflo, manual bill approvals could take days and budget management could take a full month for the finance and other divisions in Rey. With Peakflo, Rey can now automate complex approval with the approval workflow. All bills and payments are assigned to a budget automatically and recorded in a structured manner, so the team wouldnât spend so many hours doing budget recap.
How GT Bharathi saved 200 man-hours per month and increased accounts payable efficiency by 74%.
Peakfloâs customizable approval automation has been highly beneficial for our team, Weâve been able to save 200 man-hours per month. We have also automated manual tasks such as PO creation and 2-way matching and increased efficiency by 74%.
How MyRobin saved 800 man-hours per month by automating their approvals.
Before Peakflo, the approvals were done using emails, and MyRobinâs finance team attempted to use Excel to track the approvals. Lack of approval workflow automation resulted in too much time being spent on manually chasing approvers and Excel did not provide any visibility over the audit trail for the team.
How Vida saved 20,254 man-hours per month by automating their approvals
Peakflo approval workflows have been a great help for streamlining our purchase order and bill approvals. Weâve been able to save 20,254 man hours with Peakflo. We also no longer need to create reports manually and have saved 16 man hours by using Peakflo's out-of-the-box AP reports.
Connect your Accounting Software/ERP to Peakflo
Turbocharge your accounting software with Peakflo or import your data seamlessly.
Integrate and leverage the power of automation without affecting the way you work.
Get Started!Import your CSV/XLSX
Connect through Peakflo API/ SFTP
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