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What is Peakflo?

Streamline your bill payment and invoice collection processes by automating both accounts payable and receivable, allowing you to concentrate on business growth instead of getting bogged down in payment tasks. By generating purchase quotes and refining the approval workflow prior to sending them to vendors, you can improve operational efficiency. Ensure that purchase orders match vendor invoices accurately while monitoring open and closed POs in relation to your budget. Capture vendor invoice information automatically or manually and facilitate secure payments without incurring foreign exchange fees. Create polished invoices and provide customers with the chance to verify amounts before they are billed. Incorporate smart workflows that feature automated reminders sent via WhatsApp and email to maintain effective communication. Transition from traditional spreadsheets to a robust dashboard that includes pre-built reports and customer timelines for better oversight. Take advantage of integrated task management within a unified workspace that organizes promise-to-pay tasks and simplifies customer follow-ups. Additionally, leverage a smooth two-way integration with your chosen accounting software to boost productivity. By adopting these advanced tools, you can significantly enhance your financial management practices while fostering better relationships with vendors and customers alike.

What is PayStorm?

PayStorm is a cutting-edge platform that harnesses the power of artificial intelligence to optimize accounts receivable workflows, significantly improving cash flow management for small and medium enterprises. By employing advanced machine learning algorithms, PayStorm analyzes payment patterns to identify clients who may pose risks of late payments before they actually fall behind, resulting in an impressive 40% decrease in overdue payments and a faster collection timeline by 17 days. The platform seamlessly integrates with popular accounting solutions like QuickBooks and Xero, enabling automatic uploads of invoicing data for effective payment assessments. Notable features include machine learning-based risk assessments, automated payment reminders that maintain professional rapport, detailed cash flow analyses, and predictive insights for future financial planning. Furthermore, PayStorm enhances productivity by saving teams over five hours weekly through smart automation while maintaining strict compliance with GDPR security standards. This solution is especially valuable for businesses that follow project-based or retainer models, providing efficient receivables management without requiring extensive financial expertise. With its intuitive design and robust features, PayStorm not only empowers businesses to enhance their cash flow but also instills confidence in managing accounts receivable effectively. The platform stands out as an essential tool for businesses looking to modernize their financial processes and improve overall efficiency.

Media

Media

Integrations Supported

QuickBooks Online
Xero
Chargebee
NetSuite
WhatsApp
Zoho CRM

Integrations Supported

QuickBooks Online
Xero
Chargebee
NetSuite
WhatsApp
Zoho CRM

API Availability

Has API

API Availability

Has API

Pricing Information

$1,120 per month
Free Trial Offered?
Free Version

Pricing Information

$24/month
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Peakflo

Company Location

Singapore

Company Website

peakflo.co/en/

Company Facts

Organization Name

PayStorm AI

Date Founded

2022

Company Location

United States

Company Website

paystorm.ai

Categories and Features

Accounting

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
CPA Firms
Cash Management
Cryptocurrency Support
Expense Tracking
Fixed Asset Management
Fund Accounting
General Ledger
Government
Multi-Currency
Nonprofits
Payroll Management
Project Accounting
Purchase Orders
Tax Management

Accounts Payable

Approval Process Control
Bank Reconciliation
Cash Management
Check Writing
Duplicate Payment Alert
Fraud Detection
General Ledger Entry
Vendor Management

Accounts Receivable

ACH Payment Processing
Billing & Invoicing
Check Processing
Collections Management
Online Payment Processing
Overpayment Processing
Partial Payments
Receivables Ledger
Recurring Billing

Billing and Invoicing

Billing Portal
Contact Database
Contingency Billing
Customer Portal
Customizable Invoices
Dunning Management
Hourly Billing
Invoice History
Mobile Payments
Multi-Currency
Online Invoicing
Online Payments
Payment Processing
Project Billing
Recurring/Subscription Billing
Service Ticket Billing
Tax Calculator

Payment Processing

ACH Check Transactions
Bitcoin Compatible
Debit Card Support
Gift Card Management
Mobile Payments
Online Payments
POS Transactions
Receipt Printing
Recurring Billing
Signature Capture

Recurring Billing

Customer Portal
Deferred Billing
Discount Management
Dunning Management
Invoice History
Multi-Currency
Multi-Period Recurring Billing
Payment Processing
Recurring Donations
Subscription Billing

Categories and Features

Accounts Receivable

ACH Payment Processing
Billing & Invoicing
Check Processing
Collections Management
Online Payment Processing
Overpayment Processing
Partial Payments
Receivables Ledger
Recurring Billing

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