FeaturedMade in India
Starts at
₹749/mo
CashFlo
by Cashflo · Mumbai, Maharashtra
AP automation software for enterprises covering invoice processing, vendor payments and supply chain finance.
Accounting softwareWorkflow automation & integrationFood delivery & dining appsMade in IndiaEnterprise ready
- Starting price
- Price on request
- Quoted by the modules you choose
- Free trial / plan
- No free plan
- Demo through the Talk to us page
- Deployment
- Cloud
- Web
- App Advisor rating
- 4.2
- transparency & India fit
What is CashFlo?
Cashflo publishes no price list. You choose one or more modules, and sales quotes for that mix. That tells you who it is for: mid-size and large Indian companies on SAP, Oracle or Microsoft Dynamics. These companies receive thousands of vendor invoices a month and want to cut the manual work in booking and paying them. As accounts payable automation software in India, it is built around Indian checks, including GSTINs, PAN status, e-invoice validity and MSME vendor status, rather than being adapted to them later.
AP automation is the core module. AI OCR reads incoming invoices, and Cashflo says it reaches over 95% accuracy, against about 65% for older OCR. Each invoice is then matched six ways: against the PO, the GRN and government data for PAN, GST and e-invoice. Invoices that pass go through multi-level approvals and are posted to the ERP. Cashflo says 95% of invoices can be booked straight through. Around this sit payment approvals and multi-bank payouts, bank and vendor-ledger reconciliation, a vendor portal with KYC onboarding, and a GST suite. The GST suite covers filing, GSTR-2B matching, e-invoices, e-way bills, GSTR-9/9C and 26AS reconciliation across every GSTIN under one PAN.
Supply chain finance sets Cashflo apart from a plain AP tool. With dynamic cash discounting, you pay suppliers early in return for a discount, and Cashflo describes the return on idle treasury as 12% or more. Dynamic vendor financing, PO financing and GRN-based financing run through a network of more than 20 banks and NBFCs. Named customers include Thermax, Zydus, Lupin, L&T, Bajaj, Delhivery and Ecom Express. Cashflo is headquartered in Mumbai and also has offices in Bengaluru and Pune.
The gaps are mostly about transparency. Pricing is not published. The public site names no ISO or SOC 2 certification, only a claim of compliance with RBI guidelines and IndAS. Its trust portal showed no detail when we checked. The site's customer count also varies between pages, from 3,000 to 5,000 or more. Tally users are not the target, because the ERP list stops at SAP, Oracle and Microsoft. Ask for a reference customer on your ERP, and get written security documentation, before you sign.
What works well
- +Six-way matching checks invoices against PO, GRN and government PAN, GST and e-invoice data
- +Flags struck-off PANs, wrong GSTINs and MSME vendors before an invoice is booked
- +GST suite handles reconciliation across every GSTIN under one PAN in a single run
- +Dynamic cash discounting turns idle treasury cash into early-payment discounts from suppliers
- +Vendor financing runs through a network of more than 20 banks and NBFCs
- +Ready ERP connectors cover SAP S/4HANA, ECC, Business One, Oracle NetSuite, EBS, Fusion and Microsoft Dynamics
- +Large Indian manufacturers and pharma companies such as Thermax, Zydus and Lupin are named as customers
What to watch out for
- −No public pricing, so every evaluation starts with a sales call and a custom quote
- −The public site names no ISO 27001 or SOC 2 certification, and the trust portal showed no detail
- −Tally and other SME accounting packages are not on the published ERP list
- −ERP integration detail pages on the site showed placeholder text when we checked
- −Customer counts on the site differ between pages, from more than 3,000 to more than 5,000
- −Financing fees and who pays them are not disclosed on the financing pages
Best suited for: Indian enterprises on SAP, Oracle or Microsoft Dynamics that process thousands of vendor invoices a month · Finance teams looking for accounts payable automation software in India with GST checks built in · Companies with surplus cash that want early-payment discounts from suppliers · Groups with many GSTINs under one PAN that need GST reconciliation in one place
CashFlo at a glance
Analysing CashFlo — pricing, features, reviews and alternatives…
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CashFlo features
Researched from CashFlo's official product pages · updated October 2026.
AP automation
- AI invoice OCR (vendor claims 95%+ accuracy)
- Six-way matching against PO, GRN, PAN, GST and e-invoice data
- Invoice compliance checks for struck-off PAN, wrong GST and MSME status
- Multi-level approvals by amount, team or vendor
- Posting to ERP or WMS and a central AP data lake
Payments & controls
- Payment approval workflows
- Multi-bank payments
- Bank and vendor-ledger reconciliation
- ITC Ultra and clearing account
- Vendor payment communication
Compliance & GST
- GST filing and reconciliation against the purchase register
- e-Invoicing from the ERP and e-way bill generation
- Vendor e-invoice reconciliation before GSTR-1 filing
- GSTR-9 and 9C support
- 26AS TDS reconciliation
Vendor management & finance
- Vendor onboarding with KYC
- Vendor portal
- Dynamic cash discounting
- Dynamic vendor financing
- PO and GRN-based financing
Spend analysis
- Custom reports
- Reminders
- Spend against budget tracking
- Central record of invoices and vendors for audits
AI capabilities
- AI-based OCR extracts invoice data, which Cashflo contrasts with about 65% accuracy for legacy OCR
- Machine learning sets dynamic discount rates to maximise buyer savings
CashFlo pricing (INR)
SourceEvery edition as published by the vendor. Prices exclude GST unless stated. Full CashFlo pricing breakdown
AP Automation
Quote
- AI invoice OCR and six-way matching
- PAN, GST, MSME and e-invoice compliance checks
- Multi-level approval workflows
- Real-time posting to the ERP and an AP data lake
Payments & Controls
Quote
- Payment approval workflows and multi-bank payments
- Bank and vendor-ledger reconciliation
- ITC Ultra and a clearing account
- Auto-posting of payments to the ERP
Compliance & GST
Quote
- GST filing and GSTR reconciliation
- e-Invoicing and e-way bills
- GSTR-9/9C audit readiness and 26AS reconciliation
- Multi-GSTIN reconciliation at PAN level
Vendor Management
Quote
- Vendor onboarding with KYC checks
- Vendor portal for payment status and adjustments
- Automated payment communication to vendors
Supply Chain Financing
Quote
- Dynamic cash discounting
- Dynamic vendor financing
- PO and GRN-based financing through 20+ banks and NBFCs
- On or off balance sheet structures
- • Cashflo does not publish prices. It quotes by solution, and you can buy one module or several.
- • There is no self-serve sign-up. You book a demo through the Talk to us page.
- • The site doesn't say how GST applies to the subscription or what financing products cost.
Buying for a team? App Advisor can get you a volume quote and any partner discount available.
Integrations, security & India
Integrations
- SAP S/4HANA
- SAP ECC
- SAP Business One
- Oracle NetSuite
- Oracle E-Business Suite
- Oracle Fusion
- Microsoft Dynamics 365
- Microsoft Dynamics NAV
- Microsoft Business Central
Security & compliance
- Cashflo states compliance with RBI guidelines and IndAS
- A trust portal is published at trust.cashflo.io, but it showed no detail when we checked
For Indian businesses
- Registered office at One BKC, Mumbai, with offices in Andheri East (Mumbai), Koramangala (Bengaluru) and Kothrud (Pune)
- Validates invoices against GSTN, PAN and e-invoice data and flags MSME vendors
- Supports GSTR-9/9C, 26AS reconciliation and multi-GSTIN reconciliation at PAN level
- Vendor financing is positioned as cheaper than TReDS and runs through 20+ banks and NBFCs
- Named customers include Thermax, Zydus, Lupin, L&T, Bajaj, Apar Industries and Delhivery
Support, resources & partner network
Support & learning
- Demo and sales enquiries through the Talk to us page
- Case studies, magazine, events and podcast in the resources section
Trust, compliance & who uses CashFlo
Customers named by the vendor
ThermaxZydusTataMurugappaLupinSamsoniteMosaic WellnessBajajL&TApar IndustriesHaldia PetrochemicalsDelhiveryAjanta PharmaEcom Express
Is CashFlo the best choice for you?
Best choice if you are…
- Indian enterprises on SAP, Oracle or Microsoft Dynamics that process thousands of vendor invoices a month
- Finance teams looking for accounts payable automation software in India with GST checks built in
- Companies with surplus cash that want early-payment discounts from suppliers
- Groups with many GSTINs under one PAN that need GST reconciliation in one place
Look elsewhere if you are…
- Small businesses that keep their books in Tally or Busy and need a low monthly price
- Companies that only need GST return filing without AP automation. A standalone GST tool such as ClearTax costs less
Still comparing? Get an unbiased shortlist and demos arranged for free.
Sources (5) · updated October 2026
CashFlo screenshots
CashFlo video
Innovation in Working Capital: Achieving 180 day credit terms at rates lower than CC lines.
Specifications
- Category
- Accounting software, Workflow automation & integration, Food delivery & dining apps
- Vendor
- Cashflo
- Headquarters
- Mumbai, Maharashtra
- Founded
- Not published
- Pricing model
- Quote-based
- Starting price
- On request
- Deployment
- Cloud
- Platforms
- Web
- Best for
- Mid-market, Enterprise
- Made in India
- Yes
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CashFlo — frequently asked questions
What is Cashflo's pricing?+
Cashflo doesn't publish prices. It quotes by module: AP automation, payments and controls, GST compliance, vendor management and supply chain finance. You can buy one module or combine several. Expect an enterprise contract that depends on invoice volume and ERP scope, and get a written quote that shows GST separately.
Does Cashflo have a free trial or free plan?+
No. Cashflo has no free plan and no self-serve trial on its website. You start by booking a demo through the Talk to us page. Because the product connects to your ERP and bank accounts, a pilot on a few vendors or one entity is the realistic way to test it.
Which ERPs does Cashflo integrate with?+
Cashflo lists ready connectors for SAP S/4HANA, SAP ECC and SAP Business One. It also covers Oracle NetSuite, Oracle EBS and Oracle Fusion, plus Microsoft Dynamics 365, Dynamics NAV and Business Central. It says other mainstream ERPs and warehouse systems can be connected too. Tally is not on the published list, so check before you commit.
How does Cashflo AP automation work?+
Cashflo reads each vendor invoice with AI OCR and matches it against the PO and GRN. It also checks PAN, GST and e-invoice data against government records. Invoices that pass go through approval rules and are posted to your ERP. Cashflo says 95% of invoices can be booked straight through.
Does Cashflo handle GST reconciliation?+
Yes. Cashflo's GST suite handles filing and reconciliation against your purchase register, e-invoices, e-way bills, GSTR-9/9C and 26AS. It can reconcile every GSTIN under one PAN together and detect cross-state invoices. Cashflo says the suite can cut filing time by up to 70%.
What is dynamic cash discounting in Cashflo?+
With dynamic cash discounting, you pay suppliers before the due date and they give you a discount in return. Cashflo uses machine learning to set discount rates, and it describes the return on idle treasury or unused bank lines as 12% or more. Suppliers get cash sooner. Your finance team decides which invoices to offer early.
Cashflo vs TReDS: what is the difference?+
TReDS is an RBI-regulated exchange where invoices of MSME suppliers are auctioned to financiers. Cashflo's vendor financing runs inside its AP platform through more than 20 banks and NBFCs. Cashflo says its rates are lower than TReDS, and it also offers PO and GRN-stage financing. Compare the actual quotes for your vendors.
Is Cashflo data secure?+
Cashflo's public pages state compliance with RBI guidelines and IndAS. They name no ISO 27001 or SOC 2 certification, and the trust portal at trust.cashflo.io showed no detail when we checked. Ask for audit reports, hosting location and access-control details during procurement, especially because the platform connects to your banks.
Who uses Cashflo in India?+
Cashflo names customers such as Thermax, Zydus, Lupin, L&T, Bajaj, Murugappa, Apar Industries, Delhivery and Ecom Express. It publishes case studies on Mosaic Wellness, Apar Industries and Thermax. The company is based in Mumbai, with offices in Bengaluru and Pune.
What are the main Cashflo alternatives?+
In India, buyers compare Cashflo with other AP automation tools and with GST-only tools such as ClearTax. If you need GST filing only, a GST tool costs less. Cashflo is a better fit when you want invoice capture, ERP posting, vendor payments and supplier finance handled in one place.
What is CashFlo?+
CashFlo is accounting software by Cashflo, an Indian company from Mumbai. AP automation software for enterprises covering invoice processing, vendor payments and supply chain finance.
How much does CashFlo cost?+
CashFlo is priced on request. Request a demo through App Advisor and we will ask the vendor for a written quote.
Does CashFlo offer a free trial or free plan?+
CashFlo does not advertise a free plan; ask the vendor for a trial or a guided demo.
Is CashFlo made in India?+
Yes. CashFlo is built by Cashflo, headquartered in Mumbai, Maharashtra.
Who is CashFlo best suited for?+
CashFlo suits mid-market, enterprise buyers looking for accounting software with workflow automation & integration and food delivery & dining apps.
What are the best alternatives to CashFlo?+
Popular alternatives in accounting software include Zoho Books, Frappe Books, ERPNext. Use App Advisor's compare tool to see them side by side.
How is CashFlo deployed?+
CashFlo is available as a cloud (SaaS) product, with web access.
About Cashflo
Cashflo · Mumbai, Maharashtra · 1 product in our catalogue · Indian company
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