Peakflo

peakflo.co
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Company Overview

Peakflo is a fintech company based in Singapore that specializes in the payments sub-industry. Launched in February 2022, it quickly established itself by offering innovative solutions for streamlining invoice-to-cash and procure-to-pay processes. The company participated in Y Combinator's W22 batch, which represents its commitment to rapid growth and adoption of best practices in the industry.

Services

Peakflo provides APIs and one-click ERP integrations designed to simplify financial processes for businesses. The main services include automated invoice-to-cash processes and procure-to-pay systems. These services help companies reduce the time it takes to get paid on customer invoices by 15-25 days and cut vendor bill payment times by 50%. Additionally, Peakflo automates three-way matching, thus providing comprehensive solutions for businesses looking to enhance their financial operations.

Clients and Reach

Over 100 companies, ranging from scale-ups to enterprises, use Peakflo's services. The company serves clients primarily in Singapore and Southeast Asia but also extends its reach globally through remote and partly remote work options. By using Peakflo's solutions, companies save an estimated 2,000 man-hours per month on finance operations, significantly boosting operational efficiency.

Y Combinator W22 Participation

Peakflo was part of Y Combinator's W22 batch, an indicator of its potential and innovative capabilities within the fintech space. This participation has provided the company with valuable resources, mentorship, and networking opportunities, helping it to accelerate its growth and refine its services to better meet market needs.

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