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Staples loses #1 spot in the 2019 B2B Jan/San eCommerce Report

MINNEAPOLIS – June 3, 2019 – Apruve today announced the release of its 2019 Janitorial/Sanitation (Jan/San) B2B eCommerce report, outlining the top performers in the industry and the overall online efficiency for the industry. The Jan/San report put more than 70 cleaning product eCommerce sites through a thorough rubric to find the best performers in the industry. The rubric covers the overall performance as well as meeting B2B needs, marketing, and user experience. This year’s report shows how the industry has changed from 2018, covering over 20 new online stores and outlining how companies have increased or decreased their e-commerce […]

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Semiconductor Apruval Report Press Release

New Apruval Rating Ranks B2B eCommerce Efficiency for Semiconductors MINNEAPOLIS – May 15, 2019 – Apruve releases Semiconductor Apruval Rating, outlining the top online performers in the industry and areas to improve digital commerce. Over 50 B2B eCommerce sites in the Semiconductor industry were put through a thorough rubric highlighting each company’s B2B performance as it relates to their marketing, user experience, and ability to meet a business buyer’s expectations. “Ecommerce is a preference for consumer shopping, and this preference is being brought into the workplace as well,” said Michael Noble, CEO at Apruve, “By issuing these reports, we hope […]

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Apruve Announces New Board Member

MINNEAPOLIS – APRIL 23rd – Apruve, the credit automation platform, announces the addition of a new member to their Board of Directors, David Novak. Mr. Novak is an experienced enterprise business and technology leader with a proven track record in sales, business development, and product management. The new board member has most notably served as the Executive Vice President, Sales & Business Development for another Minneapolis based SaaS company, SPS Commerce. At SPS, David helped the company become an industry leader in cloud-based supply chain management solutions, which included the involvement and leadership through a very successful IPO in 2010. […]

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Reibus International Implements Apruve to offer net terms to its B2B Marketplace Customers.

Minneapolis, MN. – March 5, 2019 – Reibus International, an online B2B marketplace for prime, excess prime and secondary materials used in the industrial markets, today announced their partnership with Apruve, the B2B credit network. In the B2B industrial marketplace, the majority of B2B transactions are on net terms, a process where buyers pay for their purchases in 30 days from when it’s invoiced. This payment process involves credit approvals, invoicing, payment processing, and collections which is heavily manual and not designed for a streamlined purchasing experience. As Reibus International continues to grow they remain focused on providing customers with […]

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Minneapolis’ Apruve Raises $6 Million in Funding

Startup aims to eliminate accounts receivable through automation MINNEAPOLIS – Jan. 24, 2019 – Apruve, a B2B credit automation platform, today announced that it closed on $6 million in its Series A financing led by Cloud Apps Capital Partners with participation from TTV Capital and Allegis Capital. Minneapolis-based Apruve focuses on eliminating accounts receivable from the balance sheet of B2B companies. Its credit automation platform helps organizations to effortlessly extend payment terms to their customers without added back-office costs, cash flow concerns, or financial risk. “In today’s business market, it’s become a competitive advantage to extend terms, but it compromises […]

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Apruve and 3dcart Partner to Power B2B Payments in eCommerce

B2B ecommerce businesses using the 3dcart platform can now access Apruve as a preferred payment solution Minneapolis, MN. – December 6, 2018 – 3dcart, a leading web-based B2B eCommerce platform, today announced their partnership with Apruve, the B2B credit network that is revolutionizing the ecommerce market. 80% of B2B transactions are on net terms, a process where buyers get to pay for their purchases in 30 or 60 days from when it’s invoiced. From doing credit approvals to invoicing, payment processing, and collections, the process can be heavily manual and not designed for a streamlined eCommerce purchasing experience. As 3dcart […]

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