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Posted by Grant Burrall - 08 August, 2022

Business Process Automation Benefits For Scalable Growth

Topics: Finance, Credit, Management

Whether you’re an entrepreneur that’s scaling your business or leading an enterprise division P&L, growth is a self-fulfilling strategy for success – the more scalability your business attains, the more successfully it will grow. Focusing on scalability can ensure your business will succeed without suffering avoidable and costly growing pains.  Read on to learn how incorporating business process automation can greatly benefit the scalable growth of your business.

Business Automation Keeps Operating Expenses Low

Keeping operating expenses low is a critical area of focus for every business owner scaling for growth. When businesses grow, increasing revenue can quickly be consumed by increasing administrative costs, unless business processes are carefully scrutinized and streamlined through automation.

Doing more business with less manual involvement from staff is not only appealing to the executives but attracts additional internal interest, as well. High revenue and low maintenance is always a winning combination in the eyes of executives looking for high growth potential due to scalability.

Business Process Automation For Buyers and Sellers

Business process automation benefits encompass a wide spectrum of processes, such as B2B eCommerce, credit management, accounting and account management, communications, marketing, shipping, etc. Today’s cloud-based business automation software solutions streamline the full range of processes for both buying and selling, helping keep operating expenses low.

Automation solutions are critical for helping ensure your business has the necessary money available for scalable growth without restraint. Consider the following common business processes that automation easily accommodates:

 Automating Seller-Side Credit Management

  • Following the industry standard of extending credit to B2B customers fosters loyalty and repetitive sales, but sellers often forfeit business growth due to a lack of money on hand while balancing a tightening cash flow with broadening accounts receivables.
  • Manually processing and faxing credit applications, generating end-of-month statements, and invoicing associated with a business owner’s credit program are time-consuming paper-based processes leaving little spare time for focusing on growing the business.

Automating Buyer-Side Purchasing:

  • Complex procurement rules, approval protocols, diverse payment methods, and exhausting paperwork requirements often beleaguer B2B purchasing officers, especially within larger organizations.
  • Buying transactions are also exponentially complicated when B2B customer companies have numerous buyers, locations, and payment processes

Apruve’s Cloud-Based Solution for Automated Scalable Growth

Utilizing an automation platform that accommodates every facet of B2B eCommerce essentially streamlines the entire buying and selling process. This is the quickest and easiest way to scale your business for growth

As an innovative A/R and trade credit management solution provider, Apruve offers your business the key to scalability. Automating the process of offering revolving lines of trade credit to the B2B customers of manufacturers, distributors, and wholesalers, through embedded finance platforms for ERP or eCommerce orders, Apruve offers turnkey credit, credit management, and seamless accounts receivable all in a super-convenient cloud-based solution.

By utilizing Apruve’s payment platform, everything is all in one spot. Businesses no longer have to deal with mounting paperwork, offering credit and terms to customers, managing credit risk and liability, and never have to worry about tracking down outdated invoices.

All existing customers, as well as new ones, are easily on-boarded to Apruve's software platform, intuitively easing the way for even the most complex business purchasing requirements. The ordering process is fully automated, sellers set their own payment terms, and Apruve pays within 24 hours of a B2B customer's purchase.

Buyers benefit from this cloud-based solution, as well, since funds may be utilized from anywhere, on any device. And real-time credit limit notifications are always available, ensuring spending limits are always up-to-date, too.

Fully integrated with the top eCommerce platforms, such as Magento, Shopify, Spark Pay, IBM WebSphere, CIMM2, BigCommerce, FoxyCart, and WooCommerce, all purchase orders are automatically streamlined through Apruve’s platform, no matter where they are placed.

From financing and accounts receivables data to contact info, shipping and delivery addresses, and preferred payment type, buyers and sellers have transparent access to all documentation on Apruve’s platform in the cloud. By digitizing all paper-based processes into the cloud, Apruve provides the means to easily monitor all your data, from the broad view of an overall credit program, to the specifics of any individual account.

Automation is the Quickest Way to Scale Your Business for Growth

Scaling your business for growth has never been easier! Automating your business process benefits your business by saving you time and allowing you to prioritize more money-making opportunities for your business.  

Don’t sacrifice the growth potential of your business. Apruve can help you easily implement an automation system that will help your business grow and scale. Apruve makes your financing and accounts receivable process easier with Apruve’s credit and AR automation programs. Learn more about Apruve or contact Apruve’s specialists to sign up for a demo today!


ABOUT APRUVE

Apruve enables large enterprises to automate long-tail credit and A/R so you can stop spending 80% of your time and resources on 20% of your revenue. We partner with each of our customers to solve their unique credit, payment, and accounts receivable challenges and build the right credit solutions for your markets, customers, and goals. 

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