Case Study: Veryable reduces DSO by 37% with Upflow

How Veryable brought payments online and reduced DSO by 37%

Veryable, an online marketplace connecting businesses to workers in U.S. manufacturing, was struggling with accounts receivable and cash collection. The company relied heavily on check payments, which delayed cash availability, created back-and-forth with customers, and made communication around collections difficult. Veryable turned to Upflow and its accounts receivable and payments tools to centralize collections and improve payment workflows.

With Upflow, Veryable brought more payments online through Payments by Upflow, giving customers a simpler way to pay by card or ACH debit. The result was a 37% reduction in DSO, from 35 days to 22 days, and 15% of the payment mix moving online. Veryable also processed a largest online card payment of $52,000, improving cash flow and giving the finance team better visibility and control.

Veryable

Teonia Hansome

Staff Accountant