Time-consuming and prone to error to check on expenditures list by the finance team. Ineffective financial operations resulted in increased administrative costs and slowed down decision-making processes.
Solution
Provide a smart AI technology in form of OCR which can analyze documents and reduce fraud activity by 90%.
Results
~20 work hours / week
reduced from Finance team
Cut bill pay time
reduced from Finance team
#2
Seamless effort payroll payment
Challenge
A hassle for the finance team to make payments for multiple recipients by making singular transfers and high transaction costs if conducting interbanking transfer.
Solution
Bulk transfer feature, prepare the list of recipients and transfer all at once.
Results
Overall approval time
reduced through a systemized approval workflow
77% banking transfer fee
reduced compared to interbanking transfer via bank
Administrative working hours
reduced from Finance to make multiple transfers to different accounts
FAQs
What is Kyrim?
Kyrim is a spend management platform that helps businesses to manage their payment operation process. Kyrim helps the finance team to do payment in bulk up to 1.000, do invoice payment, reimbursement, and transfer payroll. Kyrim already acquired the PJP 3 license from Bank Indonesia.
What are payment features in Kyrim?
Kyrim app helps businesses to manage their payment process from beginning to the end, from collecting documents such as invoice and receipt, do payment review and approval from maker checker or manager, and do transfer to end beneficiaries such as vendors and employees. Using Kyrim, users can do bulk transfer, review invoice and reimbursement payment, and transfer payroll.
How does Kyrim help the payment operations process in my company?
Kyrim is designed to make the payment operation process more efficient and secure, powered by automation and AI.
Few examples of how automation and AI helps your operation process :
System for vendors inputting their data and employees requesting their reimbursement. Finance team doesn’t need to manually collect the documents via email or chat.
Every data input is automated and checked by OCR and AI systems. OCR systems directly extract data such as amount, company details, invoice and receipt details, so the users don’t need to input it one by one and reduce errors.
With approval system in Kyrim app, manager approval process and the payment done in single dashboard, so you don’t have to use multiple tools to complete payment.
Is Kyrim safe?
As a payment company, security of our app is always a priority. Kyrim has already acquired the ISO 27001:2022 security standard. All data and transaction through Kyrim app are encrypted to make sure high level security of users transactions.
Does Kyrim have a license?
Kyrim is a payment company with a license from Bank Indonesia. Kyrim has a PJP category 3 license and you can check here. All operational and security processes in Kyrim meet regulatory standards that are applied in Indonesia.
How much should I pay to use Kyrim?
To get information regarding pricing of Kyrim, you can schedule a meeting with our team through this link. Our team will contact you soon.
Kyrim has some interesting promotions to allow you to do free transfers so you can get started without worry.
How to create an account in Kyrim?
You can start creating demo account in Kyrim dashboard page and we will check your request. And then we will do KYC verification for you and your company. You need to provide us with some documents for us to do verification such as deed of establishment document (akta pendirian) and tax certificate (NPWP) of your company, main director of the company, etc. After the KYC process completed, we will give you access to live / production account and you can start inviting your team members to your Kyrim’s account.
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