The QuickBooks integration with Apruve streamlines accounts receivables, eliminates financial risk and maximize cash flow.
How Apruve’s credit network works
Extending credit to your customers is commonly a burden for your organization’s cash flow while also adding risk and labor hours to every sale made on payment terms. Apruve’s credit network allows businesses to increase sales and loyalty by extending terms to their customers without the added labor hours and risk. Apruve creates a network that uses banks to automatically finance your customer’s purchases. When an order is made by your client, Apruve notifies the bank to send you the payment within 24 hours of the product’s shipment. Apruve is responsible for the collections process as well as any financial risk of not receiving payment.
Your Customer’s Experience
Your client will receive an order estimate email after the initial purchase has been initiated. In the email, they will have a choice to approve the order or deny. In the following weeks, they will receive periodic emails reminding them of their upcoming due dates and a link to login to their portal. Once a customer accesses their portal, they can view previous purchasing data, upcoming deadlines, manage purchasing teams and submit electronic payments to pay their debt.
How to install?
Before installing the platform, we have to learn more about your business’s financial background. Once approved by our financial institutions, we can move to the installation of our platform. Installing Apruve only takes a couple of moments. Through the Apruve settings page, click the QuickBooks integration tab. Clicking the “QuickBooks connect” button will prompt you to login to your QuickBooks account and authorize. During the process of onboarding customers, your business will receive an account manager and a full spectrum of marketing materials to answer ongoing questions and facilitate a smooth customer transition.