Rimilia

📍 Bromsgrove, United Kingdom🗓 Founded 2008👥 119 employees💰 Last funded Jul 2017
Rimilia provides intelligent, finance automation solutions that enable organisations to control cash flow and cash collection in real-time. The software solutions use sophisticated analytics and artificial intelligence (AI) to predict customer payment behaviour and easily match and reconcile payments, removing the uncertainty of cash collection. Rimilia software automates the complete accounts receivable process and eliminates unallocated cash, reducing manual activity by an average 70% and achieving best in class matching rates recognised by industry specialists including The Hackett Group. Rimilia operates globally across any sector, with customers in over 50 countries spanning USA, Europe and Australia. The cloud-based solution is seamlessly implemented remotely, delivering a ROI within 12 weeks. Customers include Santander, Wesco, Gazprom, TalkTalk, Avis and Hertz. Rimilia’s headquarters are in the UK, with US offices in Richmond, Virginia. Privately owned and backed by private equity investors, Eight Road Ventures and Kennet Partners, Rimilia employs over 100 people worldwide. Solutions offered cover: - Cash Allocation/cash application - Credit Management & Collections - Cash flow Forecasting and Predictive Analytics Key Awards: Aecus, Hackett Group Accounting and Finance Automation Winner 2017 CICM - Best Use of Technology 2016, 2014, 2013 Little British Battlers Investors in Excellence - Best Technology and many more
4
Total investors
0
Early stage
0
Mid stage
3
Late stage
2008
Founded
Investor geography1 country
United Kingdom
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Frequently asked questions
Who invested in Rimilia?
Rimilia has 4 investors on record on gritt.io and 3 late-stage investors.
When did Rimilia last raise funding?
The most recent investment in Rimilia recorded on gritt.io was in July 2017.
When was Rimilia founded?
Rimilia was founded in 2008.
What industry is Rimilia in?
Rimilia operates in Computer Software. Find similar Computer Software investors on gritt.io.
Where is Rimilia based?
Rimilia is headquartered in Bromsgrove, United Kingdom.