SimpliCapital and Mosaic Corporation join forces to offer their clients a wing-to-wing cash management solution

SimpliCapital, a B2B SaaS company that uses AI to optimize Working Capital, and Mosaic Corporation, a global leader in paperless workflow automation delivery, today announced that they have entered into a strategic partnership to offer their customers a more seamless AR/AP process improvement experience.

Mosaic's Epicor ECM Sales Order automation and Epicor AP automation software uses Intelligent Data Capture (IDC) technology to capture and extract information from paper sales orders and invoices. This is then sent automatically either for AR order fulfilment and in the case of AP, the approval process is automated capturing valuable early payment discounts enabling better overall document management for their clients.

SimpliCapital in parallel seamlessly integrates with client ERPs using pre-configured APIs and applies proprietary Artificial Intelligence (AI) models on AR/AP data. In the case of AR, their models create 90%+ accurate forecasts and speed up invoice collections by 25%+ by sending automated payment reminders.

Their AP optimization engine uses information from discounting programs and other variables to optimize payment schedules and realize a 20%+ cash saving. This enables their clients to generate an overall 20%+ optimized Working Capital.
In today's economic environment with rising costs of capital, efficient cash flow management is becoming more and more critical. Using AI to increase cash availability enables businesses to borrow lesser from external markets and invest more in growth strategies. This partnership between Mosaic and SimpliCapital allows for a stronger and more efficient wing-to-wing cash management process.

"I'm delighted to partner with Ken and Mosaic Corporation at a time when our clients want to focus on cash flow optimization and preservation strategies. This partnership truly enables our clients to not only digitize but optimize their entire working capital process" said Vivek Chaudhri, CEO and Co-Founder of SimpliCapital.

"Mosaic is pleased to be partnering with SimpliCapital because our customers need more intelligent automation to achieve greater ROI from their existing headcount investment and SimpliCapital's incredible technology uses AI to accomplish cash flow management tasks that would take many hours for a person to attempt to model it out on a spreadsheet." Said Ken Kingery, Co-Principal and Co-Owner at Mosaic Corporation.

For more about SimpliCapital, please visit us at https://SimpliCapital.ai
Media Relations Contact: Hello@SimpliCapital.ai
To learn more about Mosaic Corporation, please visit us at https://mosaiccorp.com/

Mosaic Corp
3720 Longview Drive Suite 5
Atlanta Georgia 30341
7704527373

Ken Kingery
kkingery@mosaiccorp.com
mosaiccorp.com

Mosaic specializes in helping organizations transition from "paper-based" (manual) workflow processes to more efficient automated "paperless" workflows that drive efficiency, lower costs and scale infinitely. Our long term success stems from an understanding of cultural adoption challenges and our ability to bridge to new and improved methods of operation through education, training and practical application. Our competency also reaches into a wide variety of general business applications for imaging including Accounting, HR, Report Management and much more. We also provide tailored and customized solutions for many segments. See Mosaic "Industry Solutions" for information relating to key vertical markets benefiting from our experience. Mosaic is the right choice because our experience has given our team insight well beyond image capture. Mosaic understands business processes and is well versed at helping organizations achieve their desired business outcomes.

This release was published on openPR.