Rimilia Blog

Rimilia hires artificial intelligence and financial experts from Capgemini, Experian, Oracle and Barclays Bank

Company growth drives headcount by 25% year-on-year across research, product development, sales and professional services  Birmingham, UK – 23 November 2017 - Rimilia, a developer of intelligent automated financial solutions, has announced a series of employee appointments as the company structures itself for growth and to meet the needs of its...
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Rimilia and VWi (Vengroff Williams Inc.) sign strategic global partnership

Developer of intelligent financial robotics continues U.S. expansion plans on back of $25-million investment November 16, 2017 - Rimilia, a developer of intelligent automated financial solutions, has signed a global partnership deal with business-process outsourcing expert VWi (Vengroff Williams Inc.). VWi is an expert in cash and revenue management...
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Reducing working capital by focusing on receivables

By keeping your operating working capital as low as possible (even if it hits negative values), you can vastly improve your company’s cash position. You’ll be aware that cash flow management is key to business success, but you may not know that it’s also directly related to inventory management. Hidden capital The inventory your business holds might be...
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Removing currency complexities in cash management

By Rimilia
Despite being a common process for businesses that centralise their cash management in shared service centres or process on behalf of other countries, the processing of multiple currency files and multi-format payment files can be frustrating, time-consuming and brings about complexities.   Just accessing the files, downloading them into different...
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How to modernise cash collection with automation

It’s not unusual for a cash collection team to spend hours preparing data and planning for the month ahead. You might even be in this position yourself. Sometimes it’s updating information in or from the sales ledger, other times it’s adding notes, working out what’s been paid or even working out who needs to be called based on the value of overdue...
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