Problem

Quartzy, the world’s leading lab management platform and equipment distributor, was entrenched in a manual process for credit applications. The Accounts Receivable (AR) team was looped into sales deals after the point of purchase for large orders that required a line of credit.

Issuing credit took anywhere from 2-3 days for a customer to return an application, but there were commonly additional delays of 1-5 days for each point of clarification. Once AR had complete applications, credit decisions were sometimes made with insufficient insights into customer financials.

Solution

Nuvo transformed the landscape for Quartzy's customer experience. The modern, digitized experience eliminated bottlenecks with AR and introduced a data-driven, automated approach to issuing personalized credit limits.

Nuvo centralized customer credit profiles and dynamic information was made visible across the organization. In turn, Sales and Customer Success were empowered to better serve customers, which led to a seismic shift in operational efficiency.

“We're now achieving revenue more rapidly, and creating a better customer experience for our customers, too.

Furthermore, our sales reps and finance team have complete clarity on the status of each credit application.”

Bheem Bhatia

CFO

Speak with a product specialist to learn how Nuvo can fit your business.

Before Nuvo

After Nuvo

Saved Cost

2 weeks or more to process paper applications

Delays with illegibility and incomplete or inaccurate information

Online credit application with instant credit insights, payment history and automated references

Digitized process for complete and accurate applications

Increased Revenue


Longer PO wait periods
for new customers

Faster PO fulfillment drives revenue and eliminated bottleneck with Finance

Improved
Communication

Sales had no visibility into credit application status or changes in credit history

Customer Success had no visibility into credit application status for customer inquiries


Instant alerts
for changes in application statuses or credit profiles

Centralized online location to search application status and customer information

This is some text inside of a div block.
Before Nuvo
After Nuvo

Saved Cost

2 weeks or more to process paper applications

check icon

Online credit application with instant credit insights, payment history and automated references

Delays with illegibility and incomplete or inaccurate information

check icon

Digitized process for complete and accurate applications

calendar icon

Increased Revenue

Longer PO wait periods for new customers

check icon

Faster PO fulfillment drives revenue and eliminated bottleneck with Finance

mail icon

Improved
Communication

Sales had no visibility into credit application status or changes in credit history

Instant alerts for changes in application statuses or credit profiles

Customer Success had no visibility into credit application status for customer inquiries

Centralized online location to search application status and customer information