Upwell | Company Profile - Revenue, Headcount, Tech Stack, Contacts
Upwell is a technology company that specializes in AI-powered accounts receivable (AR) automation software tailored for the logistics industry.
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Overview
Upwell is a technology company that specializes in AI-powered accounts receivable (AR) automation software tailored for the logistics industry. Their platform enhances the order-to-cash (O2C) process by automating key functions such as invoice auditing, payment processing, collections, and reconciliation. This automation improves financial accuracy and operational efficiency for logistics companies.
Key features of the offering include automated pre-invoice auditing to reduce disputes, predictive AR dashboards to optimize cash flow, and automated payment reminders for faster collections. The platform supports various payment methods and integrates with Transportation Management Systems (TMS), Enterprise Resource Planning (ERP), and accounting software. Operating on a B2B SaaS subscription model, Upwell helps logistics companies lower costs and improve cash flow. Since 2023, it has raised $10 million in funding to support rapid growth and focuses on delivering solutions that enhance billing efficiency and financial management for logistics businesses.
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