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TreviPay Acquires Apruve

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Trade Credit in the Solar Industry

Drive greater revenue predictability and improve operational efficiency with credit and A/R automation.

Growth Brings Risk

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.

 

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Stop sub-optimal cash management

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.

Lower accounts receivable risk

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

Focus on sales-driving activities

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.

Benefits:

Guaranteed Payments

Get paid the next day for all purchases on net payment terms; end invoice delinquency.

Lower Fixed Costs

Reduce fixed costs by 50% by automating credit, payments, and A/R.

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Flexible Terms

Extended payments up to 6 months; zero interest fees for installers that pay their open invoice in the first 30 days.

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Customer Credit Management

Customers can create purchasing teams, autopay, and track invoices  from the buyer portal.

Fast Onboarding

Pre-qualify current buyers and onboard new customers in as little as 3 minutes.

Guaranteed Payments

Get paid the next day for all purchases on net payment terms.