Finance at the centre
A services business sells time and expertise, so its main records are financial: what was billed, what was spent, what is owed and what is due. Finance gives you the general ledger, receivables, payables, tax and multi-currency accounting on one record. You can bill clients in their own currency and report in yours. You can record dimensions such as cost centre and project on postings, so you can see the margin of each part of the business.
Predictiv runs continuous control checks on a schedule across the ledger, revenue, purchase-to-pay, tax and user access. Each finding has an owner and a lifecycle, so issues are dealt with before the auditors find them.
Keep approvals moving
Services firms buy constantly: subcontractors, travel, software, equipment. Predictiv routes each purchase and payment for approval by value and type through workflow. Nobody approves their own request, Predictiv escalates overdue items, and approvers act from the ERP, from chat or on a phone. Every decision is recorded against the person who made it.
Paperwork into records
A services firm receives a steady flow of supplier invoices and client purchase orders. With documents, you drop a document on a window or in chat and Predictiv drafts the record it describes. A person checks it and confirms it, and Predictiv keeps the original attached to the record. Before a supplier payment is released, AI checks the payment pack and recommends release, hold or review.
Clients and suppliers on their own records
The partner portal lets clients see their orders and statement and raise a query against an invoice or statement line, instead of calling your finance team. Suppliers see their purchase orders and payments, and upload their compliance documents, from which AI extracts the details for a person to review. Each party sees only its own records.
Seeing the business
In analytics you report revenue, cost, margin, debtors and cash from the same records the finance team posts. Partners and managers can open the view they need on a phone through Atrium, with every figure live from the ERP.
AI in the day’s work
AI answers read-only questions about the business with citations, such as which clients are over their credit terms or which invoices still need approval. It extracts details from documents, drafts records and sends approvals to the people who must give them. Every answer is limited by the person’s access rules and is audited.
Why services firms choose Predictiv
Services firms often run accounting, approvals, document storage and reporting in separate tools. Predictiv joins them on one record, so the invoice, its approval, its document and its place in the accounts are one thing. The firm spends less time chasing paperwork and more time on its clients.