If you're looking for a recruitment reporting tool that can help optimize cash flow and prioritize client relationships by providing financial insights, Bullhorn could be a great option. Its recruitment reporting solution offers real-time dashboards, ad-hoc reporting, and actionable insights to help recruitment agencies drive business growth. Specifically, it provides financial reporting capabilities such as true gross margin and days sales outstanding, which can help optimize cash flow and prioritize client relationships effectively. The platform integrates with Marketplace partners, providing a comprehensive reporting view of the entire technology ecosystem, making it a robust tool for recruitment agencies.
Another noteworthy solution is Growfin, an accounts receivable (AR) automation software designed to speed up debt collection and improve collaboration between AR, sales, and customer success teams. With AI-based account prioritization, precision dunning at scale, and real-time tracking and analytics, Growfin helps cut manual work by 60% and days sales outstanding by 33%. This platform is particularly beneficial for CFOs, finance directors, and AR managers looking to optimize their accounts receivable process and accelerate cash flow.
For a broader range of financial operations, HighRadius offers an autonomous finance platform that supports the Office of the CFO across various financial processes. Leveraging AI, it enhances productivity in Order-to-Cash, Treasury, Record-to-Report, and Accounts Payable processes. Key features include AI-based collections management, cash application management, and cash forecasting, which can help reduce Days Sales Outstanding (DSO) and improve cash flow. The platform integrates seamlessly with multiple ERPs, banks, and third-party platforms, ensuring a smooth data flow and minimizing IT dependency.