Fundbox, a cash flow optimization tool for small businesses, has launched its iOS mobile app.
The tool will allow existing customers to get paid for their outstanding invoices on the go. The mobile app offers small business owners the same features as the Fundbox web-based dashboard, which offers an invoice financing solution and the ability to manage repayments. Like the dashboard, the app connects with a user’s existing accounting software to fill cash flow gaps. New users can also sign up for Fundbox through the app.
According to a 2014 Small Business & Entrepreneurship Council survey, nearly 80 percent of SMBs are consistently relying on three or more mobile apps, and finance management is one of the most commonly used app types among them.
“Our mission has always been to empower small businesses with an easy and convenient way to close their cash flow gaps,” said Prashant Fuloria, chief product officer for Fundbox, in a statement. “Mobile use is the new norm, and our app offers a more streamlined experience for small business owners to manage their business finances when working outside of the office or away from their computer, through this natural touch point.”
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