A New Credit Service Model For Building Material Suppliers
BlueTarp Financial, the leading credit management company for B2B suppliers, recently announced the introduction of BlueTarp Powered, a new service model of their existing proven credit management service.
With BlueTarp Powered, suppliers maintain their customer interactions as they do today, while BlueTarp stays behind the scenes. They also gain best-in-class A/R management tools to better manage their collections efforts. Like all BlueTarp customers, they get paid upfront for their sales and are protected from credit risk so they can fund the growth of their business.
The A/R management tools help suppliers collect better, faster. They provide deeper insight into account aging and the ability to drill down into past due accounts. Suppliers can also create reminders and tasks to prioritize and improve collection workflow.
“We call BlueTarp Powered our ‘invisible’ credit management service, because suppliers remain the point of contact for customers while we help them grow their business from behind-the-scenes,” said Scott Simpson, CEO and president of BlueTarp. “We listened to what suppliers were asking for, and we are pleased to offer this answer to their needs.”
Suppliers can choose the BlueTarp Powered service model or BlueTarp Managed, which is a full-service option that includes collections and customer support. Suppliers of either option can select lines and terms for each customer – up to $1M and 90 days – to help grow their sales. Suppliers also gain online tools they can provide to their customers to improve back office management, create invoices, make payments, and view available credit anytime, anywhere.
Source: Blue Tarp Financial