Icfo Head Banner Brochure Get the high-level financial leadership your firm needs, so you can tackle every growth stage with confidence. Enquire Now Enabling 10X productivity with
Intelligent Automation Led
Accounting Services

Challenges with legacy systems

According to a Forbes Survey, CFOs face delay in major business decisions due to non-availability of timely data which affects the bottom line.

  • Almost 70% of organisations make significant business decisions with inaccurate financial data
  • Automating finance and accounting can eliminate 40% of all transactional work since it's 50x faster while providing 99% accurate real-time data.

According to a Forbes Survey, CFOs face delay in major business decisions due to non-availability of timely data which affects the bottom line.

  • Almost 70% of organisations make significant business decisions with inaccurate financial data
  • Automating finance and accounting can eliminate 40% of all transactional work since it's 50x faster while providing 99% accurate real-time data.

CFO = Cognitive intelligence + Foreseeing capability + Optimizing productivity

Introducing iCFO

iCFO is a first-of-its-kind mobile-first low/no code one-stop-solution for all finance and accounting needs of a business. It’s a comprehensive approach to finance and accounting, designed with one purpose – manage costs, improve efficiency and maximize business growth.

10X

Productivity

99%

Accurate Data

100%

Financial Transparency

iCFO for Enterprises

iCFO for enterprises

We understand that large enterprises have disparate systems & complex requirements when it comes to financial management.

More accurate and efficient decision-making services
which are integrated . Viz :

  • Fraud control detection
  • Gate keeping mechanism – like real time alert
  • Master data management
  • Fast & accurate data extraction from POs, Invoice, unstructured data from emails
  • Nudges & Recommendation for decision support
  • Ledger & Bank Reconciliation
  • Statutory Reporting & Audit checks
  • Approval Matrix and
  • Automated payment routing
  • Cash management & forecasting

iCFO is a logic-driven automated system with cognitive and NLP capabilities that offers great benefits for large organizations in terms of cost, time, and efficiency

iCFO for enterprises

We understand that large enterprises have disparate systems & complex requirements when it comes to financial management.

More accurate and efficient decision-making services which are integrated . Viz :

  • Fraud control detection
  • Gate keeping mechanism – like real time alert
  • Master data management
  • Fast & accurate data extraction from POs,
    Invoice, unstructured data from emails
  • Nudges & Recommendation for decision support
  • Ledger & Bank Reconciliation
  • Statutory Reporting & Audit checks
  • Approval Matrix and
  • Automated payment routing
  • Cash management & forecasting

ICFO is a logic-driven automated system with cognitive and NLP capabilities that offers great benefits for large organizations in terms of cost, time, and efficiency

Save 43%
with Easy Invoice

Save 25% with Easy Invoice
  • Ensures invoice processing through Intelligent data processing capabilities
  • Invoice sourcing module with auto classification & prioritizations
  • End to end processing of all payments with integrated workflows & approval mechanisms
  • Remove high processing costs, payment delays & inaccurate processing

Increase working capital
with Automated Bill Book

Automated Bill Book
  • Improves working capital with accounts receivable automation, converts
    trapped receivables into cash
  • Generates custom reports, monitors & tracks usage, visibility into cash inflow based on customer payment behavior
  • Provides a comprehensive view of each customer’s account & collections status, resolves payment issues & reduces DSO
Intelligent Reconciliation

Automate ~90% of reconciliation
Intelligent Reconciliation

Intelligent Reconciliation
  • A digitally-led, reconciliation solution that comes complete with a Data sourcing module with auto-classification & prioritizations
  • Inbuilt Intelligent Data processing capabilities – that does data extraction, Indexing, Data Transformation, and enrichment
  • Manages Data validation with full audit trail and exception handling
  • Automates most of the reconciliation between 3rd party payments & ledger data
Finance 360

365 days of taking best business decisions
with Finance 360

Finance 360
  • Analytics-driven CFO Dashboard with sales coverage and receivables position
  • Provides cash flow projections and finance KPI analysis via a 360-degree dashboard with real-time insights

Services

Benefits of using automated F&A services

Saves 25,000 hours of manual work: Focus on strategy

Saves 25,000 hours of manual work:
Focus on strategy

All manual accounting data input tasks like invoice processing can be automated so that you can focus on key strategies.

99% accurate data: No more human errors

99% accurate data:
No more human errors

It effectively eliminates human errors arriving from manual accounting data input transcription. This is most important in an industry like the accounting
industry that relies on accurate, real-time financial data.

95% informed business decisions with real time CFO Dashboards

95% informed business decisions with
real time CFO Dashboards

With a click of a button, CFOs can get faster insights into the numbers, which can then be leveraged by financial analysts and accounting teams for improved business operations decision-making.

100% financial transparency: Have centralised information

100% financial transparency:
Have centralised information

Because accounting automation now takes place online, it is easily accessible to everyone on cloud rather than being tied to a physical location.

Unlimited integration capabilities

Unlimited
integration capabilities

Integrations with 460+ platforms & most major
back-office operations, the highest within the category. (Read data from any form, place/shape agnostic data)

100% Scalable: It evolves as you grow

100% Scalable:
It evolves as you grow

A platform agnostic, easy bolt-on cloud solution that works with your existing systems, it automatically adapts to your evolving business needs so that the financial function meets the expectations of various stakeholders consistently.

We have designed to deliver value, resulting up to​

Driving value and customer
iCFO
Increase in
operational efficiency
iCFO
Reduction
in TAT
iCFO
Reduction in
processing costs
iCFO
Accuracy
via OCR
iCFO
Decrease in
duplicate payments
iCFO
Accuracy in
finance forecast reporting
iCFO
Reduction in
operational costs

Case Studies

A leading mobile insurance company in South Asia

A leading mobile insurance company
in South Asia

A major financial services company in India​

A major financial services company
in India

A leading pharmaceutical company​

A leading pharmaceutical
company

A leading mobile insurance company

A leading mobile insurance
company

A leading mobile insurance company in South Asia

A leading mobile insurance company
in South Asia

A major financial services company in India​

A major financial services company
in India

A leading pharmaceutical company​

A leading pharmaceutical
company

A leading mobile insurance company

A leading mobile insurance
company

We fully automated the invoice collection process for a leading mobile insurance multinational in South East Asia, with >5M customers & 75k invoices per month. They were facing low financial accuracies due to high volume unstructured data handling. Watch how they reduced their TAT and improved text clarity and alerts.

We provided an AI based solution to help a major financial services company in India who was struggling due to lack of defined SOPs for audits. We put a system in place for standardizing documents, certifications and data sanctity. Watch how they reduced dependency on people and automated the process.

A leading pharmaceutical company was unable to effectively manage multiple finance functions due to fragmented legacy systems. Watch how our industry experts delivered an experienced domain and helped them focus on streamlining various LOBs within the finance function for effective management.

iCFO for SMBs

Almost 70% of SMBs face bandwidth issues to dedicate time and resources to accelerate financial growth. Their financial data is unorganized and it hinders their decision making capabilities due to inaccurate or delayed insights. And that is why iCFO has been designed to reflect the core purpose of managing and mining 100% accurate real-time financial insights by automating the finance and accounting functions. We have built iCFO in a way that effectively eliminates human errors, (intelligent) and provides faster insights so that you can manage your cash flow better, reduce cost of operations and stay in a position to be able to forecast better. We offer free trails with flexible transaction-based opex model to optimize your investments.

iCFO for SMBs

Almost 70% of SMBs face bandwidth issues to dedicate time and resources to accelerate financial growth. Their financial data is unorganized and it hinders their decision making capabilities due to inaccurate or delayed insights. And that is why iCFO has been designed to reflect the core purpose of managing and mining 100% accurate real-time financial insights by automating the finance and accounting functions. We have built iCFO in a way that effectively eliminates human errors, (intelligent) and provides faster insights so that you can manage your cash flow better, reduce cost of operations and stay in a position to be able to forecast better. We offer free trails with flexible transaction-based opex model to optimize your investments.

iCFO for SMBs

Industry Focus

Telecom

Telecom

bank

Banking

Insurance

Insurance

Fin Tech

Fin Tech

Education Technology

Edu Tech

E Commerce

E-Commerce

Retail

Retail

IT Helpdesk

IT helpdesk

Logistics

Logistics

FAQ’s

I already have accounting software. + -

Yes. We have integrations with 460+ platforms & most major back-office operations, the highest within the category. Our plug & play module is platform agnostic easy bolt on cloud solution that works with your existing systems.

How do we get started and how long does it take? + -

Our use cases show, It usually takes typically 4 to 6 weeks for onboarding depending on your requirements. Do reach out to us, our team of experts will be able to guide you.

Data security measures + -

We follow all data security protocols for cloud contact centers e.g. 2FA, Session Protection, Integrity Control, Data Masking etc.. Our platform is PCI- DSS,SOC 2 and ISO 27001 compliant.

What types of accounting services are available? + -

All services under accounts payable and receivable including invoice, payments, billing and banking payments.

What types of accounting software do you work with? + -

We work with all types of accounting softwares. We enable integration with 460+ platforms & most major back office operations, highest within the category Our plug & play module is platform agnostic easy bolt on cloud solution that works with your existing systems.

For managed services, what is the team strength? + -

We have over 100 industry experts, with extensive experience to guide you make the best use of our managed services.

FAQ