To help you easily identify which clients would benefit most from Mimo, we’ve created a simple checklist. If your clients exhibit any of the following characteristics, they’re likely a perfect match for Mimo’s services!

Clients dealing with a large number of supplier invoices or employee payrolls are often bogged down by manual processes. Mimo’s batch payments and auto-reconciliation features can save up to 15 hours per month by streamlining the process. All the client needs to do is approve and pay using their preferred method.
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Clients with a high percentage of internal expenses, especially those dealing in multiple currencies, can save significantly with Mimo. By eliminating up to 2.5% in FX fees compared to traditional banks, Mimo simplifies the process of handling invoices in different currencies, removing the hassle of currency conversions.

Clients with long cash conversion cycles or high DPO can optimise their cash flow by using Mimo Flex. By deferring payments for 30 or 60 days, clients can improve their DPO, gaining more flexibility in their finances. Mimo handles the underwriting process, making it easy to extend payment terms.

Clients who would benefit most from automating accounts payable (and soon receivable) typically exhibit one or more of the characteristics shown below. Even identifying just one of these factors could signal a valuable opportunity to start a conversation about how Mimo can simplify and enhance their financial processes.

By now, it should be clearer which clients are a great fit for Mimo. If any of these characteristics resonate with your clients, it’s worth exploring how Mimo can help. Whether it’s automating payment processes, reducing FX fees, or optimising cash flow, Mimo offers practical solutions that can streamline operations. Recommending Mimo can strengthen client relationships and improve their financial efficiency.