Churpy

Churpy is an integrated accounts receivable automation platform for medium to large African enterprises that need to reconcile incoming payments to outstanding invoices across multiple banks and ERP systems.

Key capabilities include:

• Automatic payment reconciliation by connecting to a company’s bank APIs and ERP, allocating more than 90% of incoming payments directly in the ERP.
• FinData API for real-time bank transaction harmonization, helping teams bring statements, payment notifications, and balances into finance operations.
• Electronic invoice presentment and payment that digitizes invoice delivery and lets debtors track and pay invoices partially or in full, with support for direct debits, cards, mobile money, and bank transfers.
• Virtual accounts that consolidate debtor payments into one bank account while segregating incoming payments by debtor or legal entity, and can be issued from within an ERP.

Available on Web with APIs and ERP plugins.

It serves B2B2C workflows, with primary users in enterprise finance and collections teams and secondary users in supplier and debtor networks using the invoice payment marketplace.

The platform is notable in Africa for focusing on bank and ERP connectivity for receivables operations and for its regional enterprise orientation, with operations centered in East and Southern Africa and expansion into West Africa.