Upflow

Payment delays are a recurring problem for French companies. Few customers pay on time and you often have to wait between 30 and 60 days to register your receipts. This naturally weakens your cash flow. And it puts the financial health of your company at risk.

With Pennylane you can now associate an application that will relieve you significantly: Upflow

What is Upflow?

Upflow is a Paris-based startup founded in 2018 by two entrepreneurs, Alexandre Louisy and Barnaby Malet. This fintech startup offers SaaS software for monitoring and dunning invoices to optimise the management of your unpaid invoices and facilitate debt collection.

This cloud solution is particularly suitable for B2B SMEs with a turnover of between 1 and 50 million and a large number of small invoices. For example caterers, transporters, distributors or recruitment agencies...

Upflow already has a hundred or so clients, including Frichti and iziwork, and has just completed a first fund raising.

Why combine Pennylane and Upflow?

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

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

You can choose to send automatic reminders on a specific date, or opt for personalised reminders based on specific agreements you have made with certain customers.

The application offers several dashboards that perfectly complement those of Pennylane. Together, they allow you to monitor your outstanding customers in real time.

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Finally, Upflow allows you to offer your customers additional payment methods (credit card, bank transfer, direct debit) and also to manage payments with foreign suppliers. And of course, your cash receipts are synchronized with Pennylane and your bank account, so that your accounting is always up to date and you have full visibility on the financial health of your company.

Are you interested in joining Upflow at Pennylane ? Ask our teams! Blendy by Cogesten, online chartered accountant and Pennylane specialist, helps you to choose and synchronize your Pennylane accounting system with many intelligent applications to automate your Finance process.