Cash application that works harder, so you can work smarter

Intelligent finance solutions

Rimilia delivers the power to predict customer payment behavior, auto-match and reconciles payments to drive a better cash position. With Rimilia, you can do this in any country (in any currency), any sector or market and with any ERP system.

Our intelligent finance platform is broken down into three components, that are all designed to modernize and automate enterprise businesses and organizations; Multi-currency cash application and reconciliation; credit management and collection; and dynamic analytics and forecasting.

Cash application

With Rimilia, you can automate repetitive processes and reduce manual effort. This is a fully inclusive solution and has unrivaled match rates and posting times, all in a controlled and secure environment.

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Our award-winning cash solution has taken the market by storm, with over 200 pre-built match rules, and unrivaled full payment straight through processing rate of 93% with a simple out of the box delivery model offered to any company, in any country, using any ERP and any bank files.

Encompassing a built-in intelligent remittance and fast check capture, Rimilia Cash is now recognized as the world’s leading solution in cash application.

  • Up to 96% match rate including multi-currency
  • 95% cash applied by 9 am every day
  • Average 70% reduction in manual activity
  • Full audit and control
  • Interactive and intuitive to use

Credit management and credit collection

Your collections teams need all the help they can get. With Rimilia you can focus resources on the important tasks and leave behind traditional methods of collecting data from sheets and sales ledgers. Our intelligent finance platform will change the way you work from day one.

Also, by seeing the cash as it hits the bank, you get a real-time view and don’t have to wait to have the cash applied, providing more detailed information about your client and how they pay you.

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Complementing the Rimilia product suite or as a standalone solution, Rimilia Collect will change the way you look at credit collections.

It’s simple, no fuss set up means you can be up and running very quickly and benefiting from the intelligent predictive analytics that Rimilia Collect provides.

The solution works alongside your sales ledger to provide in-depth and simple insight into your customer behavior. It helps you by predicting the payment patterns of all your customers, highlighting when a customer will pay and alerting you when an action is required or when a customer payment trend changes.

This allows you to call the right customers at the right time, on every occasion.

  • Easy to set up – with full support from our in-house team
  • Works with any ERP system for seamless integration
  • Allows action-taking decisions to be made quickly
  • Real-time data at your fingertips
  • Increases team efficiency and allows better flexibility
  • Instantly provides ROI

Bank reconciliation

Anyone involved in bank reconciliation will understand that it is a repetitive and laborious task. The inherent issue is that when using spreadsheets to do this process, finance teams are faced with an uncontrolled environment – and nobody wants that.

The keywords we like to use in bank reconciliation when talking to our customers are efficiency, error-free and auditable.

Rimilia’s intelligent finance solution for reconciliation provides an unrivaled auto match rate of 98%.

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Our Artificial Intelligence (AI) engine powers the matching of millions of transactions in real-time. Removing manual tasks from the process not only speeds up the time it takes to clear the bank but also does so with zero errors. This allows finance teams to reallocate resources to more value-added tasks.

When it comes to audit, our built-in tools allow our customers to create a full digital audit trail and sign off process.

There is no other way to do bank reconciliation – and there’s not a highlighter in sight.

Self-learning engine to automatically match bank to general ledger up to 98% within minutes, every day

  • Multiple bank files and formats loaded in seconds
  • Full digital audit trail and sign off process
  • Imports and aggregates multiple diverse data sets
  • Advanced dashboard and real-time reporting

Robotic Process Automation and Artificial Intelligence

Working capital is the lifeblood of every business and accurately forecasting the cash that will flow into a business on a daily, weekly or monthly basis is crucial to ensure there are sufficient funds available to meet the organization's financial commitments. Rimilia’s intelligent finance platform allows organizations to see ahead by predicting customer behavior.

This ability to forecast and predict payments and collections behavior is the cornerstone of our system; delivering to credit managers and their team's real-time visibility of their cash position

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Rimilia’s intelligent finance platform allows organizations to fully integrate cash, credit and reconciliation solutions underpinned by dynamic predictive analytics operating in real time, enabling them to control and accurately forecast their cash flow.

This ability to forecast and predict payments and collections behavior is the cornerstone of our system; delivering finance professionals and their team's real-time visibility of their cash position and the ability to chase the right customers.

AI runs across all of our solutions from Cash Application, Bank Reconciliation, Collection and Credit Management, allowing the prediction of customer behavior and a visibility of real-time data and analytics. In a digital world – these provide the cornerstone of efficiency and accuracy.

  • Ability to predict customer payment behavior and timings
  • No heavy dependence on remits – 1.5 million RPA & AI matching scenarios run in milliseconds
  • Take account of user intelligence – e.g. promise to pay
  • Real-time cash position and forecasting
  • Eliminates unapplied cash
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E-commerce is rapidly expanding and the ability to remain in control and efficient is a challenge especially around the financial reconciliation process. Rimilia E-Commerce Reconciliation software meets these challenges.

Once an online order has been placed and purchased, then comes the difficult job of trying to reconcile the cash with your payment provider, your bank and your internal systems.

Rimilia E-Commerce works in any country, using any payment type and currency, providing unrivaled reconciliation rates for cash.

The ability to match payments from multi-channels including credit card, merchant accounts, direct online sales, and 3rd party channels can be complex.

Automating repetitive and manual tasks

Adding multi-currency, returned goods, or deductions can often make what appears to be a simple financial reconciliation a difficult one, slowing down growth and restricting cross-channel opportunities. Using AI and automation, our system takes the pain out of manual processing and repetitive tasks; leaving E-commerce teams free to work on more value-added tasks.

Access to real-time payment data

Rimilia E-Commerce reconciliation software allows you to take control, increase efficiency, drive cost savings and have greater insight into your financial data at the touch of a button providing the ability to future proof your online presence to offer additional benefits and improve customer service.

If you're serious about E-commerce and want to get a competitive advantage – try a demo of our E-commerce solution.

  • Analysis of customer payment behavior
  • Take account of known variations to predictable behavior – e.g. financial year-end
  • Forecast calculated at a customer level with a probability rating
  • Identifies those customers most at risk of not paying on time
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Rimilia Forecast - Cash Flow Forecasting

If you wish you could press a button to get a fast and accurate working capital forecast, without the use of spreadsheets, then Rimilia Forecast is for you.

Its intelligent engine uses lots of different data, trends and smart rules to provide you with a clear, concise and accurate view of the cash flowing into your business. A simple and intuitive customer interface with great looking dashboards means you can rest easy in real-time, at the end of the month and at the end of the year knowing you do not have to worry about putting together cash flow forecasts.

Rimilia Forecast transforms Credit Management by enabling the AR team to focus on those customers who have a track record of not paying on time while monitoring those customers that generally do. This results in greater cash collections, reduced Debtor Days and complete understanding of the AR team’s effort and actions taken including performance reporting down to Credit Controller level.

How it works

All of our cash automation solutions come out of the box with cloud-based delivery, which means they can be up and running very quickly allowing you to begin enjoying the benefits within six weeks.

A simple and transparent pricing model means you will be able to enjoy a fast return on your investment and all our solutions are future proofed, giving you peace of mind that any future upgrades are included in our pricing model so there are no hidden surprises.

Being able to offer such transparency is why we are proud of our 100% customer retention rate. Our innovative cash automation solutions all come with built-in learning capabilities that ensure that they adapt and self-learn continuously resulting in improving your process and increasing efficiencies with unrivaled match rates and razor-sharp predictive analytics.

Using our unique award-winning software customers can be confident that they have the best solution today and for the future