Counterparties
The Counterparties module in Flowtly serves as the central registry for all external business entities your organization interacts with, including suppliers, contractors, clients, and partners. It provides a structured way to maintain contact information, tax identifiers, payment terms, and relationship history for each counterparty.
Counterparty groups allow you to categorize your business partners by type, region, industry, or any other classification that supports your reporting and operational needs. Groups make it easy to apply bulk actions, filter views, and generate reports segmented by counterparty category.
CRM enrichment features automatically supplement counterparty profiles with publicly available business data, such as registration details, financial indicators, and branding assets. This reduces manual data entry and helps your team maintain up-to-date, comprehensive records without relying on external research.
Branding health monitoring tracks the completeness and consistency of counterparty branding data, such as logos and trade names, across your records. The duplicate detection and merge capability identifies counterparty records that likely refer to the same entity and provides tools to consolidate them, keeping your database clean and reliable.
Example use cases
- Register a new supplier and populate their profile with tax ID, payment terms, and contact details.
- Organize counterparties into groups by region or service type for targeted reporting.
- Use CRM enrichment to automatically fill in missing business registration data for existing records.
- Identify and merge duplicate counterparty entries that were created by different team members.
- Review branding health scores to ensure counterparty logos and names are consistent across documents.
