Boosting Financial Efficiency with Payflows AI

Get insights about suppliers and budgets in seconds asking the Chatbot.

As Bryan Colesse, Procurement Manager at Mirakl, explained us very well, finding information on a dashboard can sometimes be very time-consuming and tedious.

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AI has the capability to help us retrieve information quickly and accurately — especially through conversational interfaces by providing precise information in just a few seconds from a simple request.

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Here’s how a user can easily ask the Payflows chatbot for information about suppliers and budgets in just seconds.

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The user receives then smart recommendations to optimize procurement operations, such as consolidating suppliers or identifying relevant points of contact for a supplier.

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Consolidate supplier spend and remove duplicate automatically.

Intake requests are often complicated and time-consuming for both the requester, who may not know what to do, and the procurement team, which provides support and answers to the requester’s questions.

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Here’s how employees are guided through a smooth and simple process to make a purchase request quickly and easily.

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This helps procurement teams consolidate supplier spending and automatically remove duplicates, ensuring from the very first step of the purchasing cycle that the requested supplier is relevant to the existing tooling stack.

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Anticipate daily liquidity traps effortlessly and take the best actions.

Spotting liquidity traps can be a nightmare without a treasury tool, as it requires connecting to each of your banking interfaces individually to check account balances.

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With the Payflows Treasury module, you can access all your financial data in one place, in real-time, from banks, spend management wallets, and PSPs. There’s no need to log into each account individually, allowing for much faster analysis.

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Payflows' users can go even further by forecasting potential upcoming liquidity traps based on expected inflows and outflows.

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This helps finance teams, especially those in treasury, to anticipate daily cash flow issues and ensure efficient cash management across various bank accounts.

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Understand better and deeper how you generate and burn cash.

Creating custom reports that precisely show the desired data can be time-consuming and may not add value — it's the post-creation analysis that generates value.

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Here's how a user can easily ask the Payflows Chatbot to generate customized and complex reports in seconds, based on different sources and spanning various timeframes.

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This helps finance teams gain a deeper understanding of their company's operations, enabling them to make better decisions. For instance, they can obtain insights into how the company generates or burns cash.

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