Lower Days Sales Outstanding (DSO), mitigate risk, and automate collections.
Drastically reduce your Days Sales Outstanding (DSO) by partnering with Apruve. Our customers have been able to bring their DSO to as low as one day.
Automate the dunning process with a fully customizable accounts receivable solution. Choose your preferred customer communication with the use of email, direct mail, SMS, and/or phone.
Growing customers does not mean increasing tasks. Effortlessly approve and manage new accounts at scale. Empower credit and A/R teams to grow revenue without additional overhead or resources.
Match payments to invoices and close them without manual steps.
Automatically pass buyers through multiple databases to mitigate fraud.
FAST CREDIT APPROVALS
Offer an online credit application that approves buyers in as little as 3 minutes.
Buyers apply online and are given a cloud-based portal to view history and invoices.
Customers can close their invoice using the payment they prefer.
Choose how we communicate with your buyers.
Do you manage all of our accounts?
We manage the accounts you choose. This could be a customer segment, like long tail customers, or your full portfolio.
What are financing options?
Businesses can extend net terms of 30,60,90 or EOM 15 and offer equipment financing to their business buyers. Suppliers can choose a non-recourse or recourse financing option or underwrite accounts themselves.
What’s your pricing structure?
Our pricing is similar to a credit card, we charge a transaction fee per invoice based on total invoice volume and a monthly SaaS fee.
Do we need to finance all of our accounts?
Suppliers can choose which customers they want to finance. Those they wish to not finance can still be automated through the Apruve platform.
Where is Apruve available?
Apruve is available in the United States, Canada, United Kingdom, and the EU. Additional locations are available on a per company and need basis.
How do you integrate?
Our open API integrates into most order management software. Many integrations are out-of-the-box, but additional integrations can be created.
How much visibility do we have into your collections process?
Suppliers have full visibility into our communication with their buyers. Furthermore, customers can customize the messages, channels, and frequency to meet their specific needs.
Every business faces a variety of random variables that can cause havoc on their cash management. Luckily, the variables that cause companies the most pain can also be minimized to drastically improve a business’s ability to predict cash flow forecasting.
In this eBook:
Talk to our Credit & Payment Specialists about how Apruve can improve your processes.