Growfin is an AR Automation Platform powered by AI/ML that will speed up your workflow from invoice to cash collection. Manage all your collection activities from a single platform while automating your AR process.
Growfin enables you to enhance productivity and save money on working capital while reducing your DSO by at least 20% and realizing ROI. To help you unlock working cash at an enterprise scale, Growfin safeguards your customer and financial data.
This software allows users real-time communication updates, automated reports to prevent duplicate work, and personalized customer notifications. The accounts receivable software is purposely built to streamline and automate your receivables process across teams collaboratively.
You can do more than automate follow-up emails for your clients. Exercise your strategic thinking skills to develop comprehensive collection strategies for various client categories.
Show MoreCustomer Segmentation
Every client has a unique preference. Based on your choice, divide your customer base into high-value, long-tail, and high-risk segments so that you may plan distinct collecting paths for each section.
Dispute and Escalation Management
Growfin CRM enables you to engage with other team members and intuitively settle promise-to-pay (PTP), escalations, disputes, and write-offs in addition to capturing them. You can track invoice disputes as tickets and assign them to stakeholders to achieve more transparent accountability and faster results.
Customer View
Have all the client data you need, including contact details, internal PoC, and invoice PDFs, in one location while performing a collection activity. Users can have quick access to customers’ files in just one click.
Analytics
Obtain monthly trends for sales, balance due, and cash collected. Growfin can forecast a month’s cash inflow by understanding each customer’s historical payment patterns and trends. It also measures the average delay in payment and collection effectiveness index–the actual representation of collection performance.
Automated Collaboration
Growfin’s automated follow-up sequences might assist you in putting your partnership on autopilot. When the Collections Bot has to include the sales, billing, or customer success teams in the follow-up emails, provide specified milestones in your follow-up sequence.
Show MoreKeeping in mind companies have distinct business wants, it is only prudent they abstain from purchasing a one-size-fits-all, “perfect” business program. Nevertheless, it would be futile to pinpoint such an app even among recognizable software solutions. The efficient thing to undertake should be to tabulate the varied main aspects that necessitate analysis such as crucial features, price plans, technical skill capability of staff members, organizational size, etc. Thereafter, you should do the research exhaustively. Read some Growfin evaluations and look into the other software options in your list more closely. Such all-encompassing research guarantees you circumvent mismatched apps and buy the system which delivers all the aspects your company requires.
Position of Growfin in our main categories:
Growfin is one of the top 500 CRM Software products
Each enterprise is different, and can call for a particular type of Accounts Receivable Software solution that will be fit for their company size, type of clients and staff and even particular industry they deal with. It's not wise to count on getting an ideal app that is going to be suitable for every business regardless of their background is. It may be a good idea to read a few Growfin Accounts Receivable Software reviews first and even then you should remember what the solution is supposed to do for your company and your employees. Do you require an easy and intuitive service with just elementary functions? Will you actually make use of the complex functionalities required by experts and large enterprises? Are there any particular features that are especially useful for the industry you work in? If you ask yourself these questions it is going to be much easier to find a reliable service that will match your budget.
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Growfin Pricing Plans:
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Growfin offers a FREE trial for their product. You can book a demo by contacting their service provider.
We know that when you choose to purchase a Accounts Receivable Software it’s crucial not only to learn how experts score it in their reviews, but also to discover if the actual clients and enterprises that use these solutions are actually happy with the service. Because of that need we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Growfin reviews across a wide range of social media sites. The information is then presented in a simple to digest format revealing how many clients had positive and negative experience with Growfin. With that information at your disposal you should be prepared to make an informed business choice that you won’t regret.
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