iyibir Mind
How it worksAnalysesFAQResourcesGuideTry it free
All resources

Mind for the finance manager: receivables, collections, cash and bank questions

A finance manager doesn't need to wait for a separate reporting round for receivables, collections, and cash and bank. In Mind, these questions are asked one by one in Turkish, and each maps to a ready-made analysis.

A finance manager's questions during the day rarely fit in a single table: receivables need one report, collections another, and cash and bank yet another separate file round. iyibir Mind reduces that round to one place — a question asked in Turkish. The question matches a ready-made analysis, the answer is summarized briefly in the chat, and it's drawn onto the board as a card.

Receivables and risk

For overdue receivables, you ask Mind "Show overdue receivables by delay bracket." The analysis gives overdue receivables document by document and their spread by delay bracket. To see the same topic by customer, you use "Show the distribution of overdue receivables by customer." This analysis gives each customer's overdue balance, document count, longest delay, and share. Neither analysis takes a period — both reflect today's state.

To see credit risk, you ask "How are customers using their credit limits?" The credit limit usage analysis gives customers' limit, balance, overdue portion, available limit, and usage rate for today, and flags customers over their limit. This analysis can also be asked for a single customer.

Collections

To see how collections are trending, you ask "Show this month's collections by week." The collections analysis gives this month's collections with a weekly or monthly trend. To see which channel collections came through, you use "How do this month's collections split by type?" The collection types analysis gives amount, count, and share for transfer/EFT, cheque, credit card, and cash separately. Both analyses default to this month; last month, this quarter, this year, or the last 12 months can also be asked.

Cash and bank

To see cash and bank balances at the end of the day, you ask "What are the cash and bank balances?" The cash and bank balances analysis gives today's balances, showing each currency separately; this analysis also has no period — it always reflects today.

Where the numbers come from

Every number on a card is the result of the analysis; the model writing the answer does not produce numbers. Mind's job is to understand the question, pick the right ready-made analysis, and briefly explain the result. If your question doesn't match any of these analyses, Mind says so instead of pretending one exists.

A finance board

When the five questions above are asked one by one, their answers accumulate on the same conversation's board; before month-end close or a weekly finance meeting, all that's needed is opening that board. When you name a board and share it, the relevant people at your company see it read-only; they use "Start from this board" to open their own copy and continue with their own questions.

Today, Mind works with sample data from a fictional industrial spare-parts distributor. The questions above are asked with this sample data during a trial; every card carries a "Sample ERP data" note.

Try Mind with sample data.

Open your iyibir Cloud account, start the trial from the panel and ask your first question.