Key Takeaways:
- Automation in SMB financial admin is a rising trend in Fintech
- Likvido is leading the way with a streamlined solution
- The startup’s features include automated accounting, one-click payments, faster invoice payments, and real-time cash flow management
With the finance world leaning towards more automation, a startup that’s garnering plenty of attention is Denmark-based Likvido. As a leader in automating small to medium-sized businesses’ (SMBs) financial administration, Likvido offers a novel solution to a long-standing problem. The platform integrates seamlessly with a company’s existing accounting software, offering a comprehensive and automated financial solution, which presents an enticing opportunity for startups and established businesses alike.
Likvido, based in Copenhagen and working in the accounting, debt collections, financial services, and fintech industries, is dedicated to freeing SMEs to focus on what matters by automating accounts payable and receivable. By eliminating manual data entry and facilitating payments on the go, Likvido allows businesses to centralise their finances, stay on top of their cash flow, and thus, find more time to focus on growing and evolving their businesses. This new approach to financial admin is shaping up to potentially be the next big wave in FinTech.
The heart of Likvido’s unique offering lies in its automation features. Functioning as a single, unified platform for managing all financial administration tasks, Likvido eliminates the need for manual data entry and the chances of human error that come with it. With just one click, businesses can quickly cover their payments, leading to an overall faster and more efficient payment process. Digital invoices, automatic reminders, and flexible payment methods also assist in getting the business paid twice as fast as conventional methods. Along with this, real-time cash flow management helps companies make smarter, more informed decisions about how their money moves in and out.
The other feature that sets Likvido apart from competitors is its intuitive design and ease of use. The platform integrates seamlessly with most banking and accounting software, providing a smooth transition from manual to automated processes. This provides users with a clear overview of company finances, saving them a lot of time and energy that can be directed towards other, more demanding aspects of running a business. Thanks to these pivotal features, Likvido is quickly becoming a well-known name in the financial tech environment.
The potential for Fintech automation is immense, particularly for SMBs with limited resources. There’s something to fight for: reducing the administrative burden, freeing up time and mental space, and improving outputs for businesses anywhere on the corporate spectrum. Services such as Likvido are just the beginning. As automation continues to evolve, it’s likely we’ll see an increase in similar services, all aimed at simplifying companies’ financial tasks.
The way ahead looks promising for Likvido, with its innovative solutions and its already stellar feedback from users. As they continue to evolve and improve their automation tools, the future appears to be bright not just for Likvido but the sector they’re helping to shape. To stay updated with Likvido’s developments, follow them on their social media channels – Facebook, LinkedIn or visit their official website. Let’s see what the next chapter holds in store for them and for the promising field of automated financial administration.
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