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.
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Since businesses have unique business-related needs, it is only prudent they avoid settling on an all-encompassing, ”best” software solution. Having said that, it is hard to try to stumble on such a software system even among widely used software solutions. The correct step to undertake can be to write down the various critical aspects which merit scrutiny including crucial features, price terms, skill aptitude of staff, business size, etc. The second step is, you should conduct the research comprehensively. Read some Growfin evaluations and look into the other applications in your shortlist more closely. Such well-rounded research can make sure you drop poorly fit software solutions and choose the one that includes all the tools your business requires.
Position of Growfin in our main categories:
Growfin is one of the top 500 CRM Software products
Since each enterprise has particular business requirements, it is advisable for them to desist from seeking a one-size-fits-all ideal software system. Needless to say, it would be futile to try to find such a system even among widely used software platforms. The clever thing to do would be to catalog the various essential elements that need consideration such as required features, budget, skill levels of workers, company size etc. Then, you should do your research thoroughly. Read some Growfin Accounts Receivable Software reviews and check out each of the other solutions in your shortlist in detail. Such comprehensive groundwork can make certain you discard ill-fitting applications and zero in on the system that presents all the features you require for business success.
Growfin Pricing Plans:
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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 decide to purchase a Accounts Receivable Software it’s crucial not only to learn how experts evaluate it in their reviews, but also to check if the actual people and companies that use this software are actually satisfied with the service. Because of that need we’ve created our behavior-based Customer Satisfaction Algorithm™ that collects customer reviews, comments and Growfin reviews across a broad range of social media sites. The data is then displayed in an easy to digest form indicating how many clients had positive and negative experience with Growfin. With that information at hand you will be ready to make an informed purchasing choice that you won’t regret.
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