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IODM LIMITED - Discussion

IODM Limited is an Australia-based provider of cloud-based cashflow optimization... IODM Limited is an Australia-based provider of cloud-based cashflow optimization solutions to medium and large enterprises through the automation of accounts receivable (AR) workflows and processes. The Company’s AR solution provides an end-to-end AR process that supports customers with invoicing, query management, payment reminders, escalation, analytics, and others. The solution is a customizable application that integrates with any accounting enterprise resource planning (ERP) software package. The IODM Connect platform provides a gateway to a range of financial solutions to meet individual business needs. The IODM Connect integrates with an existing accounting platform to optimize cashflow. The IODM Cash Allocation tool captures payment data and allocates payments to the appropriate invoices automatically. The Cash Allocation tool uses RPA, OCR, and AI to input data from remittances, bank files and customer invoices to match payments. The Company operates globally.More