Rimilia acquired by BlackLine, the leading financial close and accounting automation platform

The Problem:

Most financial shared services organizations struggle with manual processes and disparate systems, resulting in slow response times, inaccurate data, and a decline in confidence across the organization.

The Pains:

  • Inefficient, manual processes within cash receipts & application
  • Manual reconciliation of multiple systems
  • Internal complaints regarding slow share-services response times and accuracy
  • Increased risk from inaccurate data

The Solution: How Rimilia Automates Financial Shared Services

When enterprises adopt a shared services model, the goal is to achieve efficiency and generate better data. Instead, most organizations create political in-fighting as disjointed systems come together with manual processes.

Rimilia’s Financial Relationship Management software integrates with your existing systems to automate processes, allowing your team to focus on serving internal clients better.

  • Remove 3rd party lockbox services and automate cash receipts and cash application to customer invoices – leveraging machine learning that gains intelligence with every payment.
  • Refocus your collection efforts with artificial intelligence that optimizes focus to reduce overdue invoices while accelerating cash flow from every customer.

Together with Rimilia, your shared services team will become a driving force for growth as you free up resources to focus on your customers more.

Automate Accounts Receivables.
Integrate Collection Efforts with Better Data.
Maximize the Effectiveness of Your Shared Services Team.
Enable Shared Services to Improve BU Performance.
Improve Accuracy of Outstanding Balances.
Automate Shared Services Processes.

Case Study: Leading Corporation Automates Shared Services

World’s leading logistics company streamlines cash matching rate across 27 shared service center countries.