The future looks bright for the Solar industry, with total installed U.S. PV capacity expected to more than double over the next five years. Now more than ever, solar distributors, installers and EPC’s are realizing successful cash flow management is one of the most important driving factors for profitable growth.
Apruve has developed customized terms programs built specifically for the needs of Solar PV Distributors, Installers and EPCs. Apruve’s credit and payment platform can reduce your DSO to one day while simultaneously help both you and your customers grow their business more effectively together.
Stop worrying about late payments and bad debt; collect payment on invoices in 24 hours and boost cash flow and working capital. Cash flows are no longer tied up through project milestones and commissioning.
Traditional terms programs can result in high DSO, increase doubtful accounts and work to constrain the buying potential of customers. Scale your net terms to increase revenue without having to worry about fraud or bad debt
Concentrate on closing deals; not waiting for credit approvals and collections. Improve credit efficiency and customer experience with pre-approvals and approve new buyers with credit lines that can exceed one million dollars in as little as 3 minutes.
Get paid the next day for all purchases on net payment terms; end invoice delinquency.
Reduce fixed costs by 50% by automating credit, payments, and A/R.
Extended payments up to 6 months; zero interest fees for installers that pay their open invoice in the first 30 days.
Customers can create purchasing teams, autopay, and track invoices from the buyer portal.
Pre-qualify current buyers and onboard new customers in as little as 3 minutes.
Get paid the next day for all purchases on net payment terms.