Oscilar streamlines finance operations and accelerates cash flow with Tabs

About Oscilar

Oscilar is a leading AI-driven risk decisioning platform that enables businesses to detect fraud, assess risk, and automate compliance workflows in real-time. By leveraging machine learning and automation, Oscilar helps financial institutions and fintech companies make faster, more accurate decisions while reducing operational costs.

As Oscilar expanded its client base and service offerings, managing financial operations manually became increasingly inefficient. The finance team needed a solution to automate invoicing, streamline collections, and enhance visibility into cash flow.

Life Before Tabs

Before implementing Tabs, Oscilar’s finance team relied on a combination of spreadsheets and their accounting software to manage billing and accounts receivable. This manual approach led to several inefficiencies:

• Time-consuming invoicing processes: Manually creating and tracking invoices delayed cash inflows and required significant administrative effort.
• Limited visibility into AR: Without real-time insights, Oscilar struggled to monitor outstanding balances and anticipate cash flow needs.
• Collections challenges: The lack of automated follow-ups led to delays in payment collection, increasing the workload on the finance team.

"The platform takes away the burden of recurring invoices, including custom partner invoices, and aging reports. Tabs' product release velocity has gone unmatched these last few months since coming out of stealth - the team continues to make their vision for revenue automation a reality by churning out high impact features on a weekly basis." - Neha Narkhede, CEO, Oscilar

Life With Tabs

After implementing Tabs, Oscilar’s financial operations underwent a significant transformation, with several key improvements that streamlined processes and enhanced decision-making.

Automated invoicing and revenue recognition became a reality, with a seamless integration between Tabs and Oscilar’s existing accounting software. This eliminated the need for manual invoice creation, reducing the risk of errors and improving the overall accuracy and efficiency of financial reporting.

Oscilar’s collections management transformed. By automating payment reminders and introducing escalation workflows, Oscilar was able to manage overdue payments more effectively. As a result, cash inflows accelerated, significantly improving the company’s cash position.

Real-time accounts receivable tracking and advanced analytics offered by Tabs gave Oscilar’s finance team new insights into their financial performance. This enhanced visibility allowed for more accurate cash flow forecasting and provided the team with the information needed to make more informed decisions.

Moreover, Tabs alleviated the administrative burden on the finance team by automating many time-consuming manual tasks. With these tasks now handled automatically, the team had more time to focus on strategic initiatives, ultimately driving greater value for the business.

In short, Tabs helped Oscilar streamline its financial operations, reduce administrative overhead, and empower the finance team to focus on higher-value tasks, all of which contributed to the company’s continued growth and success.Life After Tabs

The Tabs Partnership

Tabs worked closely with Oscilar to tailor the platform to their unique invoicing and revenue recognition needs. The finance team received hands-on support, ensuring a smooth transition and maximum impact.

Looking Ahead

Oscilar plans to expand its use of Tabs by integrating automated cash application and refining its financial reporting capabilities. With Tabs as a strategic partner, Oscilar is positioned for continued growth and operational efficiency.