
October 18, 2024
IODM (ASX:IOD) is an Australian company well-positioned to leverage the increasing demand for accounts receivable automation, particularly in medium to large ERP companies. IODM's platform eamlessly integrates with ERP systems like Oracle, SAP, Microsoft Dynamics and Xero, reducing the need for manual invoicing and follow-ups.
The company's flagship product, IODM Connect, is an intelligent accounts receivable platform that enables businesses to automate invoice reminders, payment collections, and cash allocation processes. The platform integrates seamlessly with major enterprise resource planning (ERP) systems such as Oracle, SAP, Microsoft Dynamics and Xero, allowing organizations to adopt the solution without significant disruption to their existing financial workflows.
IODM Connect automates time-consuming tasks involved in accounts receivable management and offers advanced cash allocation and reconciliation features. The platform is also highly scalable and customizable, making it suitable for businesses of all sizes and industries.
Company Highlights
- IODM is a cloud-based accounts receivable communications platform designed to automate and streamline cash collection processes within the terms of trade.
- The platform seamlessly integrates with ERP systems like Oracle, SAP, Microsoft Dynamics and Xero, reducing the need for manual invoicing and follow-ups.
- IODM targets medium to large companies and can handle seamlessly those with multiple divisions with multiple reporting functions
- IODM has been successful in universities and enterprises, with a focus on managing complex billing cycles and cross-border payments.
- The company is already used by ten UK universities, with plans to expand into North America, Asia and Greater Europe.
- IODM operates with a scalable revenue model, combining revenue share and license-based pricing to cater to different customer segments.
This IODM Ltd profile is part of a paid investor education campaign.*
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01 May
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Cloud-based cash flow optimisation solution for medium and large enterprises
16h
IODM UK Revenue Update
IODM Ltd (IOD:AU) has announced IODM UK Revenue UpdateDownload the PDF here. Keep Reading...
10 September
UK Revenue Update
IODM Ltd (IOD:AU) has announced UK Revenue UpdateDownload the PDF here. Keep Reading...
31 August
FY25 Results Presentation
IODM Ltd (IOD:AU) has announced FY25 Results PresentationDownload the PDF here. Keep Reading...
29 August
Appendix 4E Annual Report FY25
IODM Ltd (IOD:AU) has announced Appendix 4E Annual Report FY25Download the PDF here. Keep Reading...
31 July
Quarterly Activities/Appendix 4C Cash Flow Report
IODM Ltd (IOD:AU) has announced Quarterly Activities/Appendix 4C Cash Flow ReportDownload the PDF here. Keep Reading...
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