Spruce Computer Systems

Real-time approvals result in fast transactions and a reliable income stream

Spruce Computer Systems and BlueTarp Financial have worked together to create the most direct trade credit tie-in available to retail Lumber, Hardware and Building Materials Dealers. The newest release of SpruceWare.NET software allows users to authorize receivables transactions directly to BlueTarp as easily as they would authorize in-house credit. BlueTarp’s instant approval results in speedy, accurate transaction processing with no worries about bad debt or slow-paying accounts.

Customers Benefit from Tight Integration

“Spruce is a thought leader in the ERP space for building supply. We are thrilled to work with them to integrate our commercial credit services into their software,” said Bond Isaacson, CEO of BlueTarp Financial. “This integration will provide merchants seamless access to BlueTarp’s Trade Credit solution. Spruce and BlueTarp users will also have an easy way to provide contractors with invoice level data in an automated fashion, with no extra work for the dealer. This is truly a best-in-class solution for managing commercial trade credit.”

Rob Fitzpatrick, President of Spruce Computer Systems, agrees. “Some of our customers can benefit greatly from the reduced costs, improved cash flow, and zero bad debt associated with BlueTarp’s Trade Credit solutions, and the quality of the tie-in is key. There is no transfer of reports, no daily updating; receivables transactions clear just like credit card transactions on our system, and BlueTarp improves dealer’s customer retention through innovative features like online access to invoice data and a best in class rewards program.”

About BlueTarp Financial, Inc.

BlueTarp Financial, Inc., headquartered in Charlotte, NC, and with operations in Portland, ME, provides commercial trade credit services to more than 1,500 building material dealers and over 30,000 contractors across the United States and Canada. BlueTarp dealers have the choice to offer their pro customers extended payments terms and rewards points. The BlueTarp program gives 1.5 points for every dollar spent, which is the richest rewards program in the industry. These points can be redeemed for millions of reward options including travel packages, gift certificates and brand-name merchandise. Online job-level reporting gives contractors the ability to track and manage costs as well as view invoices quickly.