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Description

Anchor is tailored to meet the distinct billing requirements of service providers and is engineered to significantly enhance efficiency while conserving resources, time, and financial costs. As an accounts receivable automation platform, Anchor revolutionizes traditional billing methods by streamlining the entire process, transforming it from a cumbersome task into a smooth operation for both vendors and clients. To establish a fully autonomous billing system that effectively closes the cycle with impeccable accuracy, we realized that the journey must commence even before billing begins: at the agreement phase between the vendor and their client. The key innovation lies in converting the engagement letter into a dynamic tool that serves as a single source of truth for both parties. This approach eliminates the need for direct handling of payment details and collections, as clients only need to provide that information once, making the process efficient and hassle-free. Ultimately, this not only simplifies operations but also fosters better communication and trust between vendors and clients.

Description

Make offering trade credit as easy as accepting a credit card. Apruve is technology at the intersection of B2B trade credit and A/R automation. Apruve enables global enterprises to transform their trade credit, accounts receivable, and collections processes with automation and guaranteed payments. Apruve works with a global credit network to guarantee next-day financing on all open invoices while automating the procure-to-pay process and decreasing risk. Our solutions are customized for your markets, customers, and goals, enabling you to simplify and accelerate the procure-to-pay process.

API Access

Has API No 

API Access

Has API Yes 

Screenshots View All

Screenshots View All

Integrations

NetSuite Yes 
Xero Yes 
BigCommerce No 
Client Hub Yes 
Double Yes 
Enzy No 
Financial Cents Yes 
Fireside Yes 
Gmail Yes 
HubSpot AEO Yes 
Levvy Yes 
Microsoft Teams Yes 
Miva No 
OroCommerce No 
Shift4Shop No 
Shopify No 
Slack Yes 
Zapier Yes 
monday AI work platform Yes 
tradeit No 

Integrations

NetSuite Yes 
Xero Yes 
BigCommerce Yes 
Client Hub No 
Double No 
Enzy Yes 
Financial Cents No 
Fireside No 
Gmail No 
HubSpot AEO No 
Levvy No 
Microsoft Teams No 
Miva Yes 
OroCommerce Yes 
Shift4Shop Yes 
Shopify Yes 
Slack No 
Zapier No 
monday AI work platform No 
tradeit Yes 

Pricing Details

$5 per payment
$5 per payment received
No subscription. No monthly fees.
Free Trial Yes 
Free Version Yes 

Pricing Details

Pricing is based on a SaaS fee plus a transaction fee (dependent on order volume). Apruve makes offering net terms to your buyers as easy as accepting a credit card with low transaction fees.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

Anchor

Founded

2021

Country

United States

Website

www.sayanchor.com

Vendor Details

Company Name

Apruve

Founded

2013

Country

United States

Website

www.apruve.com

Product Features

Accounts Receivable

ACH Payment Processing Yes 
Billing & Invoicing Yes 
Check Processing Yes 
Collections Management Yes 
Online Payment Processing Yes 
Overpayment Processing Yes 
Partial Payments Yes 
Receivables Ledger Yes 
Recurring Billing Yes 

Billing and Invoicing

Billing Portal Yes 
Contact Database Yes 
Contingency Billing Yes 
Customer Portal Yes 
Customizable Invoices Yes 
Dunning Management No 
Hourly Billing Yes 
Invoice History Yes 
Mobile Payments Yes 
Multi-Currency No 
Online Invoicing Yes 
Online Payments Yes 
Payment Processing Yes 
Project Billing Yes 
Recurring/Subscription Billing No 
Service Ticket Billing Yes 
Tax Calculator No 

Digital Signature

Audit Trail No 
Authentication No 
Auto Reminders No 
Customizable Templates No 
Document Analytics No 
Mobile Signature No 
Multi-Party Signing No 
Progress Tracking No 
Task Progress Tracking No 

Professional Services Automation

Billing & Invoicing No 
CRM No 
Client Portal No 
Collaboration Tools No 
Document Management No 
Portfolio Management No 
Project Management No 
Proposal Generation No 
Quote Management No 
Resource Management No 
Time & Expense Tracking No 

Proposal Management

Automatic Formatting No 
Calendar Management No 
Collaboration No 
Contact Management No 
Content Repository No 
Document Management No 
Electronic Signature No 
Knowledge Library No 
Pipeline Management No 
RFP Management No 
Requirements Management No 
Revision Management No 
Task Management No 
Templates No 
Version Control No 

Recurring Billing

Customer Portal No 
Deferred Billing No 
Discount Management No 
Dunning Management No 
Invoice History No 
Multi-Currency No 
Multi-Period Recurring Billing No 
Payment Processing No 
Recurring Donations No 
Subscription Billing No 

Product Features

Accounts Receivable

ACH Payment Processing No 
Billing & Invoicing Yes 
Check Processing Yes 
Collections Management Yes 
Online Payment Processing Yes 
Overpayment Processing No 
Partial Payments No 
Receivables Ledger Yes 
Recurring Billing Yes 

Billing and Invoicing

Billing Portal Yes 
Contact Database No 
Contingency Billing No 
Customer Portal Yes 
Customizable Invoices No 
Dunning Management Yes 
Hourly Billing No 
Invoice History Yes 
Mobile Payments No 
Multi-Currency Yes 
Online Invoicing Yes 
Online Payments Yes 
Payment Processing Yes 
Project Billing No 
Recurring/Subscription Billing Yes 
Service Ticket Billing No 
Tax Calculator No 

Payment Processing

ACH Check Transactions Yes 
Bitcoin Compatible No 
Debit Card Support No 
Gift Card Management No 
Mobile Payments No 
Online Payments Yes 
POS Transactions No 
Receipt Printing No 
Recurring Billing Yes 
Signature Capture No 

Alternatives

Alternatives