Automate Cash Collection
Automate collections and reduce late payments
Get Paid Faster. Right away.
Why should you automate your collection process?
Debt collection can be time-consuming if you don't have the processes and tools. Yet, accounts receivables are key for any business: past-due invoices mean less cash and possibly big trouble later on. Automation solutions like Upflow make collection activities painless. They help you get paid quicker, improve your cash flow, and cut down manual processes. Try it out right away!
Optimize your time
Set up automated collection workflows and reduce manual tasks.
Access real-time KPIs
Track key metrics like DSO on our extensive dashboards.
Improve your cashflow
Less bad debt, more cash to invest in planning your growth.
The key benefits of automating your collections
A/R automation software will simplify your daily work and improve your business results!
1 - Cut down your DSO
DSO - or Days Sales Outstanding - is a key metric to follow in any B2B business. It shows how long it takes you to get paid: the lower it is, the better! Thanks to automation, you'll be able to track your DSO with accurate numbers and reduce it by setting up proactive dunning strategies. Automated processes will help you get paid quicker and make it easier for your customers.
2 - Track your key metrics
More often than not, finance executives rely on multiple spreadsheets and tools to get their numbers right. Collection solutions can help access the right data at any moment on one unique platform. At Upflow, we have partnerships with several accounting software like Netsuite or Xero. We integrate directly with them, which makes our data reliable and accurate. Our dashboards offer different analytics and can be used to identify risky client accounts and take action. Thanks to automation, you won't lose anymore time figuring which debtor owes you the most: everything will be directly accessible.
3 - Optimize your processes
There's nothing as tedious as manual dunning. It's time-consuming and rarely effective, especially if you have many customers. Accounts Receivable Automation solutions like Upflow offer ready-to-go templates and workflows you can send out in no time. Keep in mind this isn't about removing all human interaction from the receivable process: it's about making the process smoother for all involved. With automated workflows, you'll gain time and efficiency, allowing you to focus on essential matters such as strategy.
Empower your teams
Sadly, many companies think the finance team should be the only one involved in collection strategies. We think differently. Involving your business team can be very efficient for example they often have more developed relationships and personal connections with clients. They might be more suited to understand or find out why a client isn't paying you on time. Our A/R automation software offers many collaborative features and unlimited user access. You can add members from different teams, ensuring everyone communicates effectively on the same platform and improving collaboration.
5- Streamline customer experience
We don't believe in bad payers: we believe in bad technology. More often than not, customers don't pay because of payment failure or insufficient payment options. Our product offers several payment methods (online payment, credit card, ACH, etc) and partners with various payment processors. Overall, the payment experience and thus the customer experience is better, which makes your customers happier and more willing to pay on time.
Implement Collection automation with Upflow
Upflow is a collection software that streamlines your accounts receivables in a few clicks.
Lower your DSO
Automated email reminders will get you paid quicker, thus reducing your DSO.
Free your schedule
Spend more time on analysis and less time on manual payment follow-ups.
Gain knowledge on your A/R
Access live data and understand your customer accounts better.
Empower your teams
Make the collections team and the business team work together to collect payments.
Streamline customer payment
Our product offers several payment options and customized payment portals.
Set it up effortlessly
We integrate with your accounting software in a few clicks.
We connect with your billing tool!
We integrate easily with many tools: you can keep your existing CRM and ERP and leverage the power of Upflow.
Upflow a eu un impact considérable sur notre stratégie de recouvrement chez Front. La communication est plus efficace avec tous nos clients, qu’ils soient des PMEs ou des grands comptes !