Upflow

Is your B2B company experiencing challenges with unpaid invoices? Upflow empowers teams and encourages the involvement of sales teams in A/R processes. This accounts receivables software is particularly designed to streamline your cash collection and automate your payment processes. Upflow’s software offers real-time accounts receivable metrics such as DSO and aging report and sends out automated payment reminders that are personalized for each customer. With Upflow by your side, you can experience a more efficient cash collection process and put an end to manual invoice tracking.

Advantages of Upflow

  • With Upflow, you can collect unpaid invoices quickly and easily, while reducing overdue payments by up to 50%. 
  • Many companies have experienced a  reduction in their DSO since the implementation of Upflow. Despite an increase in the number of invoices issued, they have successfully decreased their DSO by approximately 15 days.
  • The software also offers extensive analytics dashboards that include metrics such as aging balance, billing cohorts, and forecasting to help you plan for growth and develop a successful collection strategy.
  • You can easily integrate Upflow’s software with your existing stack, such as Quickbooks, Xero, Chargebee, Stripe Billing, Zuora, Netsuite, Sage Intacct, and Salesforce, and track all of your customer accounts, invoices, and payments in one place.
  • It also provides multiple payment options to enhance the payment experience for your customers, including credit card, ACH, and wire transfer.
  • You can utilize its customized email workflows to ensure timely payments based on account size, type, recipient role, and invoice status.
  • The software is user-friendly and requires minimal knowledge of technology to operate effectively. 
  • Its homepage is designed with a clear interface that enables you to navigate through essential features and functionalities with ease. Within a few clicks, you can access critical information such as outstanding payments, overdue invoices, and required reminders.

Disadvantages of Upflow

  • As Upflow doesn’t send messages directly from your mailbox, customers may find it uncomfortable receiving emails from an unknown sender. Additionally, the invoices are not directly attached to the emails, but require clicking on a link, which some customers may overlook. Including the invoice as an attachment could simplify the payment process for customers.
  • Customer service can be unresponsive sometimes. Some users experienced that their emails are considered as spam and they don’t get immediate answers to their questions.

Why should all B2B businesses implement Upflow for payment collection?

If you’re a B2B business owner, you know how important it is to get paid on time. Late payments can cause a lot of stress and affect your cash flow. That’s why you need Upflow in your life! Upflow is particularly designed to facilitate payment and debt collection processes, enabling businesses to accelerate their cash inflow. By automating manual processes that are often time-consuming and prone to errors, Upflow streamlines the entire collections process. It ensures timely completion of payment-related tasks while minimizing the risk of bad debts. 

Moreover, the software’s clear and efficient debt collection process enables companies to effortlessly handle an increasing volume of incoming invoices, making scaling a painless process that does not burden financial or accounting teams. 

The best part? Upflow is super easy to use and will save you a ton of time. No more manual processes that are prone to errors and take forever to complete. Plus, it’s designed to make scaling painless, so you don’t have to worry about hiring extra staff just to manage your payments.

By implementing Upflow, you’ll have more control over your cash flow, and you’ll be able to handle growth spurts with ease. So why not give it a try? You’ll feel a significant decline in your stress levels.