Overview

A Beneficiary refers to the recipient of a payout, which can be either an Individual or a Company, depending on your business needs. Choose from existing saved Beneficiaries or conveniently add new ones during the payout process. This flexibility ensures smooth and efficient transaction workflows, whether you're managing recurring payments or one-time transfers.

OCR for Invoices and Bills

Upload a bill, invoice or receipts (PDF/JPG/JPEG) and let Finmo’s AI-powered OCR auto-extract key details. Easily review the auto-populated information by cross-verifying it with the original document before saving, reducing manual entry and errors.