Key Takeaways:
- Bilendo, a German FinTech startup, has developed an automated accounts receivable platform accelerating the efficiency of debt management and decision-making.
- Bilendo’s platform reduces costs, decreases Days Sales Outstanding (DSO), and boosts liquidity for businesses by automating creditor processes.
- The Munich-based company proudly serves hundreds of enterprises from various industries, reducing process and capital costs, optimizing working capital, and reducing payment defaults.
- Looking forward, Bilendo plans to continue streamlining the complex debtor processes to promote scalable growth for companies.
In today’s fast-paced financial climate, traditional accounts receivable management can quickly become a resource-intensive process. Recognizing this, Munich-based FinTech startup, Bilendo, has developed a cloud-based software platform that brings a transformative approach to managing accounts receivable. This game-changing innovation could potentially redefine how the FinTech industry streamlines its accounts receivable processes.
Founded in 2015 by Markus Haggenmiller, Jakob Beyer, and Florian Kappert, Bilendo offers an AR automation platform that enables companies to ensure scalable processes, reduce costs, decrease DSO, and improve liquidity. By automating debtor processes, it frees up resources and allows businesses to make effective decisions.
What differentiates Bilendo from other firms pursuing AR automation is their holistic approach towards streamlining the management of receivables. By consolidating and communication all processes through a central point, Bilendo helps companies avoid problems with internal coordination and processing. Moreover, their automation platform runs independently of the existing infrastructure, adding a layer of convenience that’s rarely found amongst other solutions.
The value proposition of Bilendo is further emphasized by their clientele, which consists of hundreds of enterprise companies across diverse industries. Their cloud platform significantly contributed to boosting these companies’ efficiency by ensuring lower process, capital costs, and reducing payment defaults. This success is a testament to Bilendo’s vision and execution in harnessing technology to streamline the finance industry’s crucial functions.
Stepping into the future, Bilendo aims to continually refine their robust platform, ensuring businesses can grow efficiently by relieving them of complex AR processes. In the rapidly-evolving FinTech landscape, companies like Bilendo are set to play a pivotal role by delivering digital-first solutions that meet contemporary business requirements crisply and comprehensively.
Learn more about Bilendo at www.bilendo.de or follow them on Twitter, Facebook, and LinkedIn to stay updated on their latest developments.
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