Audit, Optimize, and Improve your finance processes.
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What can mindzie do for your finance operations?
- Improve your working capital and cash flow
- Audit your processes for financial controls
- Track and monitor your KPI’s and metrics
Accounts Payable, Accounts Receivable, and Procurement
- Cash discount analysis to ensure you aren’t missing opportunities.
- Review long running invoices and see breakdowns by vendor, person, or other key information to get to the root cause.
- Visually identify early and late payments that impact working capital.
Streamline your processes; save time and money
- Find the root cause of wasted hours spent fixing purchase orders (ReWork).
- Identify PO’s that are taking to long and see which vendors are causing the issues.
- Automate your 3-way matching to reconcile your purchase order to received goods to invoice.
- Detect trends and seasonality of late payments with a breakdown by days, weeks, or months.
- Identify invoices that aren’t being paid on time and see which customers are causing the issues.
- Track and analyze invoices that aren’t following the correct procedure or business process.