Peakflo

Peakflo is a financial technology startup that offers a streamlined solution for businesses to manage their bill payments and invoice collections. The company operates in the financial services market, specifically targeting businesses that require efficient payment and invoicing processes.

Peakflo's platform simplifies the procure-to-pay process, allowing businesses to create purchase quotes, track open/closed purchase orders, and capture vendor invoice details. This enables businesses to make payments confidently with a 0% foreign exchange markup. The platform also allows businesses to create professional draft invoices, which can be confirmed by customers before invoicing, leading to faster payments.

The company's business model is centered around improving team productivity and eliminating the need for spreadsheets. Peakflo provides a centralized workspace with integrated task management, detailed reports, and customer timelines. This allows teams to follow up with customers quickly and efficiently.

Peakflo has demonstrated its value to finance teams through case studies. For example, Ninja Van, a logistics company, saved over 1000 man-hours per month and reduced their Days Sales Outstanding (DSO) by 12 days using Peakflo. InMobi, a mobile advertising company, decreased their average overdue days by 9 and increased invoicing efficiency by 100% with Peakflo.

In terms of revenue, Peakflo likely operates on a subscription-based model, charging businesses for access to their platform and services.

Keywords: Financial Technology, Invoice Management, Bill Payments, Procure-to-Pay Process, Vendor Invoice, Team Productivity, Centralized Workspace, Task Management, Subscription-Based Model, Streamlined Payments.