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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B2B eCommerce Research Shows a Divided Online Experience for Electrical Distributors

Minneapolis, MN, 10/1/18— A recent study–surveying more than 230 websites–found a clear divide in the online experience offered by electrical distributors. The industry varies dramatically from eCommerce focused sellers with elaborate storefronts to companies with a minimal online presence. The Electrical Distribution Apruval Rating broke down the industry’s online experience into 4 distinct categories: eCommerce Focused: Companies with online storefronts who service their current customers, while also investing heavily in customer acquisition through guest checkout, in-depth product information, and actively marketing current promotions. eCommerce Portal: Have an active eCommerce site but are locked from the general public unless there is […]

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Boxed.com Implements Apruve’s Credit Network to Grow Its B2B eCommerce Initiative

[Minneapolis, Mn – August 8, 2018] Boxed.com, the big box eCommerce retailer, is targeting the fast-growing B2B eCommerce space by implementing Apruve’s B2B credit network to extend payment terms to their business customers. A recent Forrester Research report found that B2B eCommerce is on track to reach over $1.1 trillion in online sales by 2021. As of now, less than 50% of B2B companies have an eCommerce site–leaving plenty of opportunity for a proven online retailer like Boxed to take a commanding market share of this fast pace eCommerce sector. To meet the needs of the majority of companies that […]

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W. W. Grainger Ranked #1 for B2B eCommerce in Industrial Distribution

W. W. Grainger was ranked the best B2B eCommerce site amongst the top 50 Industrial Distribution companies. Apruve’s Apruval Rating applied a broad rubric to all featured sites based on their user experience, ability to meet B2B needs, and marketing strategy and ranked them by their overall scores. HD Supply was a close second in the report and tied for best User Experience overall, but fell short to W. W. Grainger in B2B specific features and marketing categories. Outside of ranking each company’s individual performance, Apruve’s Apruval Rating uncovered a vast amount of insight into the industry as a whole. […]

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BigCommerce B2B suppliers can now extend risk-free lines of credit to their buyers

Apruve, the largest online B2B credit network, has officially joined the BigCommerce App store. Extending credit to business buyers has commonly been a very cumbersome, risky, and paper-based process for many manufacturers, wholesalers, and distributors. For these reasons, many businesses have opted out of extending credit to their customers through eCommerce. Apruve’s application allows business owners to extend net terms through the BigCommerce platform. This gives their online and offline buyers risk-free credit terms without back-office management, or any paper-based processes. Furthermore, Apruve finances business buyers to pay suppliers in 24 hours, allowing suppliers the ability to speed up their […]

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New Apruve Feature Allows Suppliers to Extend Credit to Small Businesses Risk Free

Apruve, the premier B2B credit network, today announced new functionality to their product that would increase the amount of smaller business buyers approved for a line of credit with their favorite manufacturers, wholesalers, and distributors. Many small businesses find it difficult to get a line of credit with suppliers for a variety of reasons; they have limited credit history, have been in business under three years, or have witnessed previous financial problems.These characteristics are typically red flags for suppliers extending credit due to the increased risk of late or default payments for goods sold. Because of this, younger, smaller companies […]

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HD Supply Ranked #1 for B2B eCommerce in the Medical Distribution Industry

MINNEAPOLIS, MN – April 25, 2018 – HD Supply was ranked the best B2B eCommerce site amongst the top 50 medical distributors. The eCommerce ranking was put forth by Apruve’s Medical Distributor Apruval Rating Report that applied a broad rubric based on user experience, B2B needs, and marketing strategy across multiple sites and ranked them by their overall scores. DelMed Medical supplies (Dealmed.com) came in at a close second overall and ranked the highest in user experience. Furthermore, Moore Medical placed 5th overall but claimed number one in satisfying B2B needs. On top of ranking each company’s eCommerce health, the report […]

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IT Hardware Report Ranks Dell #1 for Best B2B eCommerce Site

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Minneapolis, MN (December 5, 2017) — A B2B industry report that collected data from the top 30 IT Hardware company eCommerce websites was released today. The ranking considers a variety of metrics based on a company’s user experience, marketing, and ability to meet the needs of B2B buyers. Out of all the IT Hardware companies surveyed, Dell was ranked number one in overall performance, closely followed by CDW and Lenovo. On top of ranking the industries head-to-head, the report was able to pull some shocking statistics from the vast amount of data. The key findings from the report are as […]

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QuickBooks offers their B2B customers streamlined credit management automation with Apruve

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Apruve’s credit network eliminates cash flow concerns for QuickBooks merchants MINNEAPOLIS, MN (11/28/17) – Apruve, the leading credit network for suppliers and their customers, announced their live integration with QuickBooks, the world’s leading accounting software package developed and marketed by IntuitⓇ. By offering Apruve, QuickBooks customers gain an ideal B2B solution that makes extending a revolving line of credit as easy and risk-free as accepting a credit card. QuickBooks offers their customers access to track incoming orders and expenses while running reports to gauge profits and losses. With the online version, customers have everything they need in place for an […]

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