Compare Solna vs Apruve vs AvidXchange

More Information More Information More Information

Crozscore:

53%
what is this?
29%
interest falling

Crozscore:

80%
what is this?
81%
34%
interest rising

Crozscore:

84%
what is this?
80%
38%
interest falling
Solna screenshot view 4 more Apruve screenshot view 1 more AvidXchange screenshot view 4 more

Software Description:

Solna is the smarter invoicing tool for smarter companies. The first platform of its kind to be powered by credit scoring data, Solna speeds up the payment process and provides you with more confidence in your cash flow.

Through leveraged credit data, that is overlaid on the platform's invoicing functionality, users get a clear picture of their customer's financial health and overall exposure to risk.

The automated credit control functionality automatically chases any overdue invoices, freeing up time (and sparing you the awkward conversations) so you can focus on growing your business.

Software Description:

STOP MANAGING AND FINANCING YOUR OWN CREDIT PROGRAM

Offer risk-free terms to your customers without any A/R overhead.

  • STREAMLINE A/R - Apruve manages your customer credit approval, invoicing, collections and payments.
  • IMPROVE CASH FLOW - You get paid within 24 hours of any invoice being generated. Your Days Sales Outstanding goes to 1.
  • REDUCE RISK - Collections? That's our worry, not yours. We take on the risk associated with offering payment terms.
  • BUILD LOYALTY - Offering credit binds you more tightly to your customer, encouraging repeat purchasing and long term loyalty.

You're Not a Bank, Stop Acting Like One

Extending terms to your customer leads to your own cash flow and collections issues. Apruve partners with third-party banks to finance your invoices, improve your cash flow and clean up your balance sheet.

Reduce Your Cost to Extend Credit

Apruve's software platform manages complex, cumbersome credit management tasks for you, driving down A/R costs through automation.

Software Description:

AvidXchange provides its users automated bill payment and invoicing platform by solving invoice capture, approval routing, and payments. The service's target group are midsize companies in the real estate, financial services, nonprofit, and construction.

The system captures electronically submitted invoices, pulls data from them, and automatically imports it into the system. This eliminates manual data entry work, reducing processing costs by 60% or more, making the entire process more efficient and more accurate. Additionally, users get other processes automated, such as approval, payment, reporting, and more.

This way, the invoices are being paid automatically, while the existing approval process is still maintained. The main benefits of this system are processing costs reduction, processes that scale for growth, control & visibility increase, and excellent support. Finally, AvidXchange easily integrates with many major accounting platforms, like NetSuite or Quickbooks.

Features:

  • Customer Management
  • Data Visualization
  • Billing/Invoicing
  • Dashboard
  • Multi-User
  • Stripe
  • Data Export
  • Data Import
  • Accounts Receivable

Features:

  • Accounts Receivable
  • Forecasting
  • Billing/Invoicing
  • Balance Sheet
  • Payment Processor

Features:

  • SAP Integration
  • Payment Processor
  • Data Export
  • Data Import
  • CRM Integration
  • General Account Ledger
  • Notifications
  • Billing/Invoicing
  • External Integrations
  • Accounts Receivable
  • Accounts Payable

Summary:

    No key features associated with this application.

Summary:

    No key features associated with this application.

Summary:

  • Electronic Invoice Capture

  • Invoice Submissions by Email & Web

  • Automated Email Confirmations to Vendors

  • Custom Invoice Approval Workflows

  • Custom Payment Approval Workflows

  • Invoice Tracking

  • Audit Trail

  • Status Tracking

  • Central Data Repository

  • Accounting System Integrations

FAQs:

    What are some applications this service is commonly used in tandem with?
  • Accounting platforms (i.e.Quickbooks,Xero).

  • Does this service offer an API?
  • No.

  • What is this service generally used for?
    • Invoicing
    • Accounts Receivables Automation
    • SME Credit Check
  • Does this service offer multi-user capability (e.g. teams)?
  • Yes. Users can add multiple users (3) onto a company account and have unlimited companies.

  • Who are the main user groups of this service?
    • Freelancers
    • Small Business
  • Does this service offer guides, tutorials and or customer support?
  • Yes. Solna offers inproduct tutorials, online help & FAQs.

  • Does this service integrate with any other apps?
  • QuickBooks/Xero (Coming Soon).

  • What platforms does this service support?
    • Web App
    • Mobile (coming soon)

FAQs:

    Who are the main user groups of this service?
  • Apruve is commonly used by B2B Ecommerce companies. Apruve is a partner of Magento, Shopify, Spark Pay, Websphere, CIMM2, WooCommerce and FoxyCart

  • Does this service offer guides, tutorials and or customer support?
  • Yes, Apruve has a full customer service, tutorials and training.

  • What is this service generally used for?
  • Apruve is a great solution for B2B Ecommerce users that would like their customers to still buy using terms but would prefer not taking on the financial risk or process of collections.

  • Does this service offer multi-user capability (e.g. teams)?
  • Yes, it will allow for sellers and buyers multiple users.

  • Does this service offer an API?
  • Yes.

  • What are some applications this service is commonly used in tandem with?
  • Apruve is a partner of Magento, Shopify, Spark Pay, Websphere, CIMM2, WooCommerce and FoxyCart

  • What platforms does this service support?
  • Apruve is a partner of Magento, Shopify, Spark Pay, Websphere, CIMM2, WooCommerce and FoxyCart

FAQs:

    Does this service offer guides, tutorials and or customer support?
  • Support: Online Support, Phone Support, Email Support, Webinars, Videos.

  • Does this service offer an API?
  • No.

  • Does this service offer multi-user capability (e.g. teams)?
  • No.

  • What is this service generally used for?
  • This service is generally used as automated bill payment and invoicing solution.

  • Who are the main user groups of this service?
  • Main users of AvidXchange are midmarket companies spanning multiple industries including Construction, Nonprofit, Energy, Financial Services, and Real Estate.

  • Does this service integrate with any other apps?
  • Integrations: Abila, AccountMate, Acumatica, AMSI, BankTel, BJ Murray, Blackbaud, Caliber Software, CenterSoft, ComputerEase, CTI, Data Plus, Deltek Vision, Entrata, FinancialForce, Fiserv, Harland, Home Grown Systems, Hotel InvestorApps, Integrated Business Systems, Intacct, Oracle JD Edwards, Jenark, Lawson, MDS, Microsoft Dynamics, MRI Software, NetSuite, Open Systems Inc., Oracle, QuickBooks, Realpage, Rent Manager, SS&C Skyline, SOS Corporation, SouthWare, Spectrum, TOPS Software, Viewpoint, Yardi.

  • What platforms does this service support?
  • This is a web-based software.

  • What are some applications this service is commonly used in tandem with?
  • It is commonly used in tandem with accounting systems.

Publisher:

Founded:
-
Based in:
London
Employees:
2-10
Likes:
Followers:

Publisher:

Founded:
-
Based in:
Minneapolis
Employees:
11-50
Likes:
Followers:
946

Publisher:

Founded:
-
Based in:
-
Employees:
-
Likes:
Followers:

Other:

Who uses Solna
  • Freelance
  • Startups
  • SMEs
Desktop Platforms:
  • Web App
Languages:
English
Regional Restrictions:
Currently the product is optimised for the United Kingdom but we will be opening it up globally in the near future.

Other:

Who uses Apruve
  • Enterprises
Desktop Platforms:
  • Web App
Languages:
English
Regional Restrictions:
No restrictions.

Other:

Who uses AvidXchange
  • SMEs
Desktop Platforms:
  • Web App
Languages:
English
Regional Restrictions:
No restrictions.
Back to top