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Nuvo

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Last updated on

Company health

Employee growth
40% increase in the last year
Web traffic
12% increase in the last quarter

Ratings

G2
4.8/5
(2)

Nuvo description

Nuvo is a cloud-based accounts receivable software that helps businesses make faster and safer credit decisions. It offers a branded credit application process, automated risk assessments, and insightful monitoring dashboards. Nuvo integrates with existing ERP systems to provide a centralized view of customer creditworthiness, streamlining workflows for finance teams and sales representatives. It aims to accelerate order placement, increase customer purchasing power, and protect profit margins by mitigating credit risk. Nuvo primarily serves mid-sized and larger companies in industries like manufacturing, distribution, and food service.


Who is Nuvo best for

Nuvo is a cloud-based accounts receivable software that helps businesses automate credit decisions, streamline payments, and reduce financial risk. It offers real-time data visibility and integrates with existing ERP systems. Nuvo helps mid-sized and larger companies accelerate order placement, increase customer purchasing power, and protect profit margins.

  • Best for medium to large businesses (101+ employees).

  • Ideal for manufacturing, distribution, and food service companies.


Nuvo features

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Nuvo automates credit checks and risk assessments, enabling faster credit approvals and onboarding of new customers.

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Nuvo offers flexible credit terms and payment options, empowering businesses to tailor offerings to individual customer needs, thereby increasing customer purchasing power and driving sales growth.

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Nuvo protects profit margins by mitigating credit risk and reducing bad debt through its robust credit management tools and automated collections processes.

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Nuvo streamlines the payment process through automation, making it easier for customers to pay and improving overall transaction efficiency.

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Nuvo offers real-time visibility into accounts receivable data, allowing businesses to monitor key metrics and proactively identify potential issues.

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Nuvo automates the collections process, reducing the time and resources spent on manual collection efforts and improving overall efficiency.


Nuvo alternatives

  • Logo of Growfin
    Growfin
    Automates receivables, reduces DSO, improves cash flow.
    Read more
  • Logo of FinFloh
    FinFloh
    Automates accounts receivable, reducing outstanding invoices and improving cash flow.
    Read more
  • Logo of Global PayEX
    Global PayEX
    Automates and streamlines accounts payable and receivable processes.
    Read more
  • Logo of Biller Genie
    Biller Genie
    Automates invoice payments, saving businesses time and money.
    Read more
  • Logo of D&B Finance Analytics
    D&B Finance Analytics
    Credit risk insights to automate decisions and manage accounts.
    Read more
  • Logo of Kolleno
    Kolleno
    Automates invoices, payments, and debt collection, boosting cash flow.
    Read more

Nuvo FAQ

  • What is Nuvo and what does Nuvo do?

    Nuvo is a cloud-based accounts receivable software automating credit decisions and streamlining workflows. It offers automated risk assessments, flexible credit terms, and real-time data visibility. Nuvo integrates with existing ERP systems, helping mid-sized and larger companies mitigate credit risk and accelerate order placement.

  • How does Nuvo integrate with other tools?

    Nuvo integrates with existing ERP systems to provide a centralized view of customer creditworthiness. This streamlines workflows for finance teams and sales representatives, accelerating order placement and increasing customer purchasing power.

  • What the main competitors of Nuvo?

    Top alternatives to Nuvo include Kolleno, ezyCollect, and Peakflo. These competitors offer similar accounts receivable automation features like automated payment reminders, streamlined invoicing, and credit insights. They also integrate with existing accounting software.

  • Is Nuvo legit?

    Nuvo appears to be a legitimate software solution. It offers automated credit decisions and risk assessments to protect profit margins and improve efficiency for mid-sized and larger businesses. User reviews on G2 give it a 4.8/5 rating, further suggesting its legitimacy and effectiveness in managing accounts receivable.

  • How much does Nuvo cost?

    Nuvo pricing is not publicly available. Contact Nuvo directly to obtain specific product pricing and determine if it's worth the investment for your needs.

  • Is Nuvo customer service good?

    There is no information available about Nuvo's customer service.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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