IKEA U.S. has announced a new partnership with Slope Tech Inc., a pioneer in digitizing the Business-to-Business (B2B) economy. This collaboration underscores IKEA’s commitment to enhancing its service offerings for IKEA for Business customers by integrating Slope’s advanced invoice-to-pay solution.
Effective immediately, Slope’s payment option will be available on IKEA.com for business applications and checkout. This new feature streamlines the invoicing process, offering business owners access to capital with 30-day net terms, simplified checkout, improved budget management, and instant eligibility for amounts up to $100,000. The integration is designed to support small and medium-sized businesses, allowing them to concentrate on growth and operational efficiency.
“Our partnership with Slope represents a significant advancement in our commitment to aiding small and medium-sized enterprises within our communities,” said Jordi Esquinas Gimenez, Chief Commercial Officer at IKEA U.S. “This no-fee solution aligns with our mission to improve everyday life for many by providing fast and accessible financial services.”
The collaboration follows J.P. Morgan Payments’ strategic investment in Slope, announced in July 2024. This investment aims to extend payment terms for business customers through Slope’s platform, which is now part of the J.P. Morgan Payments Partner Network. This network offers comprehensive payment solutions via a range of third-party applications, enhancing business growth.
“We are thrilled to extend our payment solutions to IKEA U.S. customers and collaborate with such a forward-thinking partner to advance the B2B online economy,” stated Lawrence Lin Murata, CEO and Co-founder of Slope.
Slope’s financial services will be accessible through IKEA.com and the Customer Support Center from late August 2024, with full integration into all IKEA U.S. locations expected by October. This partnership is set to enhance the financial management experience for IKEA’s business customers nationwide.
For More Details: https://insightssuccess.com/
