How is Automated Invoicing Transforming Small Business FinTech Landscape?

Key Takeaways:

• Savium is transforming the FinTech landscape through its automated invoicing for small and medium businesses.
• It aggregates all business bank accounts into one web platform.
• Allows owners to automate their invoicing, bill payments and cash flow management.
• The goal is to automate end-to-end business payments and cash management for European SMBs.

Nowadays small and medium businesses (SMBs) are under constant pressure to manage their financial transactions efficiently. In this landscape, startups like Savium are transforming small business FinTech. Based in London, England, Savium is building an invoicing and payments automation platform specifically targeted at SMBs. The platform aggregates all business bank accounts into one web platform and allows business owners to automate their invoicing, bill payments and cash flow management.

Savium’s primary aim is to streamline and automate end-to-end business payments and cash management for European SMBs. Put simply; they are building a comprehensive solution that would relieve SMBs of the tiresome & complex task of managing their finances and payments. Let’s examine how they are achieving this disruptive feature in the FinTech marketplace.

Savium stands out with its approach to handling invoicing & payment automation – an aspect of business known for its complexity and the time it steals from productive tasks. Instead of handling different bank accounts separately, Savium collects them all under one platform. This saves time and reduces the chances of confusion or mistakes. On top of that, it streamlines the invoicing process by automating it. Gone are the days of manual invoicing, Savium is bringing in the era of hands-free financial management.

The platform is at even more advantage situated in the Fintech, Payments, SaaS, and Software industries, which means it has a great understanding of the needs of businesses in these sectors. Being situated in London, one of the world’s top tech capitals, further strengthens its position. Its founders, Pavel Skalin, and Yin Noe, bring together extensive knowledge and experience, making Savium poised to make a significant impact in these industries.

Looking forward, the future of Savium shines bright. Their current focus on invoicing and cash management is only the beginning of their journey towards their ultimate goal. In a fast-paced business world where efficiency is everything, a service like Savium that simplifies and hastens financial processes is golden. They plan to extend their services beyond London and across Europe, aiming to revolutionize the SMB FinTech landscape with their powerful automation platform.

With a clear vision of transforming the FinTech industry, Savium is a startup to keep an eye on. Their website offers more detailed information of their services, and you can also follow them on their socials: LinkedIn for the latest updates.