
IODM (ASX:IOD) is an Australian provider of cloud-based accounts receivable (AR) automation software solutions. Its flagship product, IODM Platinum, helps businesses of all sizes to improve their cash flow and reduce costs by automating and streamlining their AR processes. IODM operates a cloud-based subscription business model, generating revenue from monthly and annual subscriptions to its IODM Platinum software. The company also offers a range of professional services, such as implementation and support, to its customers.