Case Study: Veraset reduces overdue payments by 50% with Upflow

How Veraset reduced overdue payments by 50% at the height of Covid

Veraset, a data-as-a-service provider serving startups, enterprises and the public sector, faced rising overdue payments and inefficient cash collection at the height of COVID. Disparate tools, limited QuickBooks seats, manual tracking and poor internal alignment made it hard to communicate with diverse customers and collect on time. To address this, Veraset implemented Upflow’s accounts-receivable platform integrated with QuickBooks.

Upflow delivered real-time QuickBooks syncing, automated reporting and an intuitive interface that let non-finance teams collaborate from a single source; Veraset also moved from three generic reminders to ten personalized reminders per customer with escalation to C‑level when needed. As a result, Upflow helped Veraset cut overdue payments by 50% within three weeks and reduce time spent chasing invoices by 75%, improving transparency and speeding collections.

Veraset

Emmaline Swanson

Head of Operations