Allow Peakflo AI to do the heavy lifting!
If your finance team is spending hours on tasks such as manual data entry, 2-way / 3-way matching, data validation, document categorization, vendor reconciliation, and cash application, it's time to streamline the whole process with Peakflo AI!
Why Peakflo AI?
You send it, Peakflo captures it!
Vendors & customers often prefer using different channels to send their documents, leading to fragmented and disorganized document capturing for finance teams.
Peakflo can consolidate and capture files such as invoices, receipts, credit notes, or other documents sent via Email, WhatsApp, or API. Your finance team can also directly upload documents to Peakflo, streamlining the document capturing process.
Digitize, structure and export documents hassle-free!
Finance teams often deal with files & documents that are not following a certain template. such as receipts that employees share for reimbursements. It can be a daunting task to go through unstructured documents and tables and add each line item details manually in the accounting software.
Peakflo AI can scan unstructured documents such as receipts and digitize them in seconds. The digitized files can also be exported as CSV, Excel or PDF.
Say goodbye to categorizing documents manually!
Finance teams often struggle with the manual task of sifting through hundreds of attachments from different channels, to identify and classify each document into categories such as receipts, invoices, or statements.
With Peakflo AI, you can automate this entire process and classify hundreds of attachments and documents into predefined or custom categories in seconds!
Capture any required custom field!
Extracting specific fields from documents, such as invoices, can be challenging. This is particularly true for organizations with thousands of invoices and several entities or business units. Accounts payable managers need to review each invoice to identify its corresponding zone.
Peakflo AI can efficiently capture any custom fields required from your documents, like the subsidiary name, license number, or zone. This allows the finance team to sort or filter documents based on any custom field for maximum visibility.
Scan invoices and receipts from 41 languages!
International companies often receive documents issued in languages other than English. Language barriers often necessitate the use of translators to process these documents or lead to miscommunication with clients.
Peakflo AI can scan documents in 41 languages and accurately map any letter, word, number, or character to its respective field.
Take document analysis to the next level!
Finance teams need to review lengthy documents. Manually going through the document details is quite time-consuming, often resulting in error-prone findings and missed deadlines.
With Peakflo AI, easily summarize and understand key insights in complex and lengthy documents, ask questions from Peakflo AI and get instant answers to gain deeper understanding regarding documents and make faster and more informed decisions.
Automatically check contract details against invoices even without a purchase order!
Finance teams must meticulously review documents to verify that contract details align with invoice details, flagging any discrepancies. This process is often time-consuming and prone to errors
With Peakflo AI, your finance team can eliminate the manual process of verifying contract and invoice details. Peakflo will automatically check and flag any discrepancies, ensuring accuracy and saving time
Instantly Locate Any document information!
Finance teams often find themselves frustrated, spending hours searching for crucial financial documents and information buried somewhere in their accounting system or ERP. This could be specific invoices or the newest customer payment terms.
With Peakflo AI, you can find what you need instantly with simple, intuitive queries like 'Show me invoices from last quarter' or 'Find the latest payment terms of Company X'. Easily access related documents, even if they aren't explicitly linked, and spend less time searching and more time focusing on what matters most.
Cash application made easy!
With AI-powered cash application, your customers simply need to email the receipt to a dedicated address, and the system takes care of the rest!
Peakflo will automatically generate an unapplied payment from the auto-scanned receipt and apply it to the overdue invoice using the payment reference number.
Accelerate supplier statement reconciliations by 20x!
If your accounts payable team spends many hours checking supplier statements manually, it’s time to streamline the process with Peakflo’s AI-powered supplier statement reconciliations!
Put anomaly detection on auto-pilot!
Finance teams often deal with many expense reports slipping through the cracks, including hidden costs, duplicate claims, expense tampering, and fraudulent claims. Manually detecting these anomalies and preventing fraud is a significant challenge.
Peakflo AI can provide real-time alerts for claims deviating from expected patterns, such as unusually high amounts, out-of-policy purchases, or duplicate submissions. You can customize the system according to your specific policies and thresholds for more accurate detection. This helps to focus only on the suspicious claims, thereby reducing review time and enhancing efficiency.
AI-driven financial reports at your fingertips!
Your finance team puts in many hours to create reports manually that are error prone and lead to decisions that puts the financial health of your company at risk.
Peakflo offers out-of-the-box and accurate AI reports to help your finance team predict your company’s cash flow, customer payment behavior and monitor customers that are at risk of changing payment behavior.