IODM (ASX: IOD) — Company Overview, News & Financial Data
IODM is an Australian provider of cloud-based accounts receivable automation software, improving cash flow for businesses.
IODM
IODM is a financial technology company that provides cloud-based accounts receivable automation and digital cash allocation software solutions. The company's proprietary software platform automates the entire order-to-cash lifecycle for commercial enterprises, educational institutions, and healthcare providers. By integrating directly into enterprise resource planning and accounting platforms, the technology automates debtor communications, payment tracking, query resolution, and payment reconciliation. The cloud platform allows finance teams to streamline debtor management workflows, reduce debtor days, improve working capital, and gain multi-entity visibility into cash flow through real-time financial reporting and analytics.
Snapshot
Operations
Products and/or services of IODM
- Accounts Receivable Automation: Cloud-based software that automates the invoice-to-payment workflow, sending automated payment reminders and tracking outstanding debtor accounts to streamline collections, shorten payment cycles, and optimize overall cash flow for commercial enterprises.
- Cash Allocation Software: Automated payment reconciliation tools that utilize machine learning algorithms to automatically match incoming payments against open customer invoices, minimizing manual processing time, administrative errors, and cash flow disruptions.
- Reporting and Analytics: Centralized multi-entity analytics tools offering real-time visibility into financial performance, debtor behavior, and invoice tracking, providing complete operational transparency and fully audit-compliant reporting across complex corporate software structures.
- Enterprise System Integration: Custom software integration services designed to connect accounts receivable automation platforms seamlessly with existing third-party enterprise resource planning and corporate accounting software environments across global business operations.
- Task Management Automation: Intelligent workflow task modules that automate daily follow-up actions for active debtor accounts, drastically reducing manual staff hours required for debt management while maintaining structured follow-up schedules.
- Industry-Specific AR Solutions: Tailored accounts receivable workflows engineered specifically for sector-specific billing requirements, including education institutions, healthcare providers, legal firms, transport providers, and public utility companies managing high-volume recurring invoice payments.
IODM executive team
- Mr. Mark David Reilly A.C.A, B.Bus.Chief Executive Officer
- Ms. Petrina HalsallCOO, CFO & Company Secretary
- James BurkeChief Technology Officer
- Alex WilkinsonHead of Sales & Key Accounts
- Mr. Damian ArenaHead of Business Development
- Graham SmithHead of UK