Slope
Slope's History
Slope, originally known as AirDesk, is a fintech company based in San Francisco, CA. The company participated in the Y-Combinator S21 batch, which provided it with initial momentum and credibility in the fintech industry. The rebranding to Slope reflects its focus on providing advanced financial solutions, particularly in the B2B payments sector. This pivot highlights the company’s agility and commitment to meeting the evolving needs of modern businesses.
Slope's AR Automation Suite
Slope offers a comprehensive AR Automation Suite designed to streamline various financial processes for enterprise companies. The suite includes features such as customer onboarding, compliance, risk management, embedded short-term financing, online payments, invoicing and billing, claims & deductions, collections management, and cash application. These tools are critical for businesses looking to automate their Order to Cash processes, thereby enhancing efficiency and reducing manual workload.
Slope's B2B Payments Platform
Slope provides a robust B2B payments platform tailored for enterprise companies, including wholesalers, platforms, and marketplaces. The platform enables these businesses to accept online payments and offer flexible payment terms, which can be crucial for maintaining cash flow and fostering long-term customer relationships. The payment terms offered include 30 and 60-day terms, or 60 and 90-day installments with repayment via credit/debit card or ACH. This flexibility helps businesses manage their finances more effectively.
Slope's Compliance and Data Privacy
Slope adheres strictly to data privacy laws, ensuring that personal information is not sold. This compliance not only builds trust with its clients but also aligns with global data privacy standards, which is particularly important in the fintech industry. By focusing on data security and privacy, Slope ensures that businesses can rely on their platform without concerns over data misuse or legal repercussions.
Slope's Buyer and Merchant Solutions
Slope offers a range of solutions tailored for both Buyers and Merchants. Buyers can apply for Slope’s cash flow solutions through their Merchant and receive approval for financing in minutes. The company determines borrowing limits and terms based on financial performance and credit history, optimizing for a low to no fee experience. For Merchants, Slope provides seamless integration and support via their sales team, which can be contacted at sales@slope.so. This dual approach ensures that both parties benefit from enhanced financial management and flexibility.