AP Express Working Capital enables your suppliers to be easily paid upon invoice approval with optional, low-cost funding from our funding partners.
Leverage your existing AP Express integration to generate a data access fee that offsets your annual subscription
Provide a 100% optional, responsible and cost-effective way for suppliers to get faster payments
Strengthen the resiliency of your supply chain along with supplier relationships
No process changes, no risk, no financial guarantees, and no commitments
Procurement: boost Corporate Social Responsibility by providing suppliers an optional , low-cost way to Get Paid Early if (and when) they need it
Finance: no process changes or costs (no financial guarantee required) and can be complementary to any other programs you may be running
Suppliers: registration is fast, easy, free, and available to your entire supplier base. Usage is 100% optional and does not force suppliers into any lengthy contract or commitment to accept early payment on an on-going basis
The software is already included in your AP Express ERP integration so requires no cost or IT lift
Suppliers simply click a “Pay Me Early” button in the Nivo1 Portal to complete a fast, click-through signup, then we notify you of the supplier’s updated bank details
Suppliers continue to submit invoices following normal protocol and you continue to process them in AP Express, just as before
Suppliers then optionally select approved invoices for early payment and receive the full invoice amount less a small discount of 1-2%
Once the invoice has matured, you simply pay the invoice as you normally would
ERP Integration Required?
Guarantee (IPU) Required?
IG/Top Declile Only
All, but w/ IPU
All, Even long tail
Trade Payables Treatment at Risk?
Offset AP Software Subscription?
Requires AP team to toggle between payee bank accounts?
Overall Fit for Purpose