What is Cratoflow?

Cratoflow offers a comprehensive suite of tools designed to automate and streamline financial operations for businesses. It provides solutions for Accounts Payable (AP) and Accounts Receivable (AR) automation, simplifying processes from data capture and approvals to cash application and sales reconciliation. The platform aims to eliminate data silos by integrating seamlessly with existing accounting systems, offering a two-way sync to enhance operational efficiency and reduce risks associated with manual data handling.

Built with growing businesses in mind, Cratoflow supports multi-entity management, allowing users to oversee various branches or entities within a single application. It features a no-code customization capability, empowering businesses to tailor fields and workflows to their specific needs. Additionally, a mobile application enhances accessibility, enabling users to manage financial tasks, match receipts, and handle remittance information on the go. The platform also facilitates automated bank reconciliation and simplifies ACH payments for vendors.

Features

Accounts Payable Automation: Streamlines the entire procure-to-pay process, from data capture to automated approvals.
Accounts Receivable Automation: Optimizes order-to-cash activities, including automated cash application and sales reconciliation.
Automated Bank Reconciliation: Securely connects bank accounts and auto-posts bank transactions.
ACH Payments: Facilitates simplified sending and receiving of payments.
No-Code Customization: Allows users to customize fields and workflows without coding.
Multi-Entity Support: Enables management of multiple branches or business entities in one application.
Mobile App: Provides on-the-go access for matching receipts and managing remittance information.
Seamless Integrations: Offers 2-way sync with various accounting systems.

Use Cases

Automating vendor invoice processing and approval workflows.
Streamlining customer payment collections and cash application.
Automating the matching of bank transactions for reconciliation.
Simplifying and tracking ACH payments to vendors.
Managing financial operations across multiple business locations or subsidiaries.
Customizing financial workflows to meet unique business requirements.
Accessing and managing key financial tasks remotely via a mobile device.