Upflow

The payment periodare a recurring problem for French companies. Few customers pay in full and you often have to wait between 30 to 60 days to register your collections. This of course weakens your treasury. And poses a risk to the financial health of your business.

 

Upflow is a Parisian startup founded in 2018 by two entrepreneurs, Alexandre Louisy and Barnaby Malet. This Fintech “young growth” offers SaaS software for tracking and relaunching invoices to optimize the management of your unpaid debts and facilitate debt recovery.

 

 

This Cloud solution is particularly suitable for B2B SMEs which generate between 1 and 50 million turnover and issue a large number of small invoices. For example caterers, transporters, distributors or recruitment firms…

 

Upflow already has around a hundred clients, including Frichti and iziwork, and has just completed a first fundraising.

 

Why combine Pennylane and Upflow?

 

 

Thus, the integration and synchronization with your existing invoices and contacts under Pennylaneis done in a few clicks in a simple and intuitive way.

 

Then when you create your invoices on Pennylane, thanks to Upflow, you can program and personalize reminders according to your needs while respecting the specific context with your customers.

 

 

You can therefore choose to send automatic reminders on a specific date, or opt for personalized reminders taking up specific agreements that you have agreed with some of your clients.

 

 

The application offers several Dashboards which perfectly complement those of Pennylane. Together, they allow you to monitor your customer outstandings in real time.

 

‍

Finally, Upflow allows you to offer your customers additional payment methods (CB, transfer, direct debit) and also manage payments with foreign suppliers. And your collections are of course synchronized with Pennylane and your bank account, for always up-to-date accounting and complete visibility on the financial health of your business.

 

You want to integrate Upflow to Pennylane? Ask our teams! Blendy,French digital accountant and specialist Pennylane, helps you choose and synchronize your Pennylane accounting system with all your other applications to automate your Finance process.