Meet our customers
Nectarine Credit sells to mid-market companies and all the way up to Fortune 1500, Fortune 500 companies and household brand names.
Join 100k+ of users
Nectarine Credit serves thousands of users in dozens of industries who are looking to automate their trade credit workflow.
We Serve Dozens of industries
- Construction
- Building Supplies
- Manufacturing
- Machinery
- Food and Beverage
- Oil and Gas
- Chemicals
- Distribution
- Metals
- Electrical
- Plastics and Packaging
- Safety Supplies
- Supply Chain
- Industrial Automation
- Freight
Food and Beverage
How Nectarine Credit Turned a Food Distributor's Credit Team into a Profit Center
About the Customer
We are a $1B+ food distributor across North America -- both the U.S. and Canada. We sell to mom n’ pop restaurants, retail and hotels as well as large multi-national chains.
The Technical Solution
We needed a solution that would make our credit team a profit center and increase revenue.
With Nectarine Credit, we digitized our entire credit process -- credit applications and reviews. Set up was easy and efficient and Nectarine Credit's support has been second-to-none. We started saving money and making more money on Day 1.
They helped us automate our credit department and our sales team. With Nectarine Credit's help, we turned our credit department into a profit center.
The Problem
Our team was bogged down by manual credit processes.
We used to send out 100+ credit applications each month all by PDF. It was slow and tedious and time consuming. Frankly, it was a disaster. Our credit department was a cost center and a bottleneck.
Machinery and Equipment
Nectarine Credit Saved us More than $1M in Attempted Fraud and More than $1M in Efficiencies -- Just in the First Year
About the Customer
We are a $1B+ machinery and equipment dealer. We sell new and used material handling equipment, and we offer rentals, parts, services and safety training. We have over 50 locations across North America and more than a dozen different brands.
The Technical Solution
Nectarine Credit was a game-changer. They have stopped 100% of the trade credit fraud we have seen and we are even seeing other risk events that are not fraud. For example, old companies shutting down and the founders starting a new company.
As fraud attempts continue to rise, we can attribute more than $1M in annual savings from Nectarine Credit's fraud protection measures. And more than $1M in efficiencies, risk reduction, increased cash flow and an entirely separate lift in overall revenue.
The Problem
Our sales are more than $1B annually and our business is booming, but our credit process felt like it dated back to the Middle Ages. We were slow and inefficient. And we lost at least $500k per year in fraud.
We have dealers and branches across North America and we needed a solution that was cross-border and could manage our many different brands and our distributed credit team.
And we needed to stop the fraud immediately.
Packaging
Nectarine Credit Sped up our Credit Approval Time, and Boosted Our Cash Flow
About the Customer
We are a Fortune 1500 company in the plastics and packaging industry. We sell plastic bottles, containers and cartons, as well as cardboard packaging including corrugated sheets, boxes and packing supplies.
Our products are sold in more than 25 countries globally to food and beverage manufacturers, beauty and cosmetics, household, and healthcare industries.
The Technical Solution
Nectarine Credit's centralized dashboard allows us to not duplicate efforts and see what other team members are doing and why. The automation and transparency and simplicity has changed the way we do business.
We've sped up our credit approvals to less than 24 hours, where previously it would sometimes take more than a week. And, we are making smarter and better credit decisions.
Our finance team is ecstatic because our cash flow is stronger. And our sales team is happy because revenue has increased.
The Problem
Our credit department needed some improvements, most notably in automation. Our processes were manual and slow. And with our many team members distributed around the world, we needed a way to see what everyone else was doing.