Get rid of your unpaid bills with Upflow and Pennylane!

Upflow and Pennylane

Financial management is an essential element in ensuring the sustainable growth of any company, regardless of its size.

And for VSEs and SMEs, this need is even more crucial. This is why it is important for managers to have effective solutions to monitor and manage their customer invoices and especially their collections.

Fortunately, the Upflow à Pennylane offers many benefits to business leaders today.

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‍Upflow is a debt collection software that allows companies to track and manage unpaid customer invoices in an easier and most importantly more efficient way.

‍Pennylane, on the other hand, is an accounting software that simplifies the accounting and financial tasks of VSEs and SMEs. And it is also the software we love to use at Blendy.

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Why connect them

Avoiding mistakes and oversights

First of all, connecting these two programs allows you to manage your billing more efficiently without having to worry about manually transferring your unpaid invoices from Pennylane to Upflow.

All customer invoices are automatically transmitted from Pennylane to Upflow, which saves precious time. And it prevents you from forgetting a particular creditor or invoice in passing.

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Reduce delinquencies

Connecting Upflow to Pennylane also allows you to improve dunning processes and coordinate the efforts of your finance and sales teams. In addition to the automatic dunning features for your creditors, your team can track collections more easily.

This way, the different members of your team can work together in a more focused way. This improves the overall management of customer invoices and collections, and ultimately reduces late payments.

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Better anticipate your cash flow

One of the most important benefits when you connect and sync these two apps is the real-time visibility they provide into outstanding receivables and collections performance.

As a manager, you can monitor your cash flow in real time and make the right decisions to ensure the profitability and growth of your business.

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Streamline your finance process

Finally, the connection between Upflow and Pennylane allows you to complete the payment methods available to your customers to accelerate your collection cycles.

This allows your customers to make online payments quickly and easily, improving the customer experience and reducing the risk of late payments.

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How to synchronize your apps

Blendy, digital accountant, is also a specialist in business apps and their connection to accounting apps such as Pennylane. We help you to set up your apps and implement automated processes for a smooth synchronization of your financial data and your accounting elements.

And our support does not stop there! Blendy also assists managers in the management of their invoicing and collection processes.

We will check invoices issued and receipts received upstream to ensure that payments are allocated to the right creditors.

And throughout the process, we help you manage your cash flow through the definition and monitoring of dedicated KPIs. This allows you to stay focused on the profitability and growth of your business.

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In conclusion, the connection of Upflow to Pennylane offers many advantages to VSE and SME managers, especially in terms of financial management.

Thanks to this connection, you are sure to gain time and efficiency and you have a better visibility on your cash flow which will eventually also ensure the profitability of your business.

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Contact our teams now our teams to stop worrying about your cash flow and keep your business growing.

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