Technology procurement site KIT Online partners with automated finance credit provider, Apruve, to offer business clients 30 day payment credit accounts on purchases.
KIT Online’s new 30 day term accounts enable business customers to place and receive large orders of IT equipment for their business, with the benefit of paying 30 days after purchase. KIT Online’s short-term, interest-free credit incentive allows business customers to keep their own cash for longer, delaying cash outflows, thus improving their overall cash flow.
COO of KIT Online, Peter Braithwaite, says “We endeavour to provide a more B2B friendly way of purchasing, improving our customers’ cash flow whilst building a loyal and long lasting relationship with them. We have chosen to partner with Apruve due to their first class reputation. We were particularly impressed with their application and checkout flows which bring the ease of a B2C-like experience to a B2B world, and the swift approval process for new accounts.”
Apruve builds automated, financed credit programs for global enterprises, transforming their procure-to-pay processes. KIT Online’s partnership with Apruve ensures they are at the forefront of cutting-edge digital transformation, enhances the invoicing and payment process for business customers and creates a more efficient purchasing experience.
“Online purchasing has exploded in the last two years, and there’s no reason why B2B companies shouldn’t be able to offer their business customers the same ease, convenience and efficiency of online purchasing as B2C companies offer to their consumers,” said Michael Noble, CEO and founder of Apruve. “We’re delighted to partner with KIT Online, and excited to see them accelerate their potential for growth.”