In 2023, Upflow had a great year. But, more importantly, our customers had a successful year getting paid faster than ever before. Our now 12,000 users improved their organisations’ cash flows, gained greater revenue predictability and unlocked new business opportunities by recovering their owed cash reserves. Here are our 5 key highlights from 2023: 📷 Our merchants got paid…BIG: In 2023, Upflow facilitated the payment of over 8 million invoices, worth a total of $12 billion. This figure represents double the 2022 payment volume running through Upflow. 📷️ And they got paid quickly: Getting paid on time is literally what keeps a business in business. In 2023, 88% of the invoices paid through Upflow were settled within a week of their due date. Our Merchants had over 50000 invoices paid within a day of a reminder being sent! 📷 No invoice was left behind! You know those invoices that just sit there stagnant for over a year without being paid. Well, in 2023, Upflow merchants had 4,000 of these invoices paid, amounting to approximately $11 million. A merchant even had a 6 year old invoice paid through Upflow! 📷 Upflow users were more active than ever before: In 2023, Upflow merchants performed over 1.1 million actions within our platform. That yearly figure is almost equal to the total number of cumulative actions performed from Upflow’s launch to 2022! 📷 And merchants got deeper insight into their Accounts Receivable than ever before: With users racking up over 40,000 views of Premium Analytics in Upflow, users gained real-time insights enabling them to be proactive in credit control strategies, and make better-informed financial forecasts. Get all the detail in our blog post: upflow.io/blog/inside-upflow… Thanks to all our merchants and here’s to an even better 2024! #2023Highlights #AccountsReceivable #CashFlow

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