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Absaâs new system: a game changer
Absa Cashflow Manager â an easy-to-use, free add-on to any Business Evolve account that generates quotes, invoices, payslips and financial statements. 00:47
The Business Evolve Zero account is a pay-as-you-transact solution that offers unlimited free Absa-to-Absa debit orders and Absa-to-Absa inter-account transfers. Image: Moneyweb
If things turn out as expected, this could be the future of business banking.
Absa recently launched its Business Evolve Zero transactional account offering for small and medium enterprises (SMEs) â and it comes with no monthly cost. Absa Cashflow Manager is a free add-on to any Business Evolve account that lets you generate quotes, invoices, financial statements and run your payroll â all from Absaâs online banking platform.
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Many entrepreneurs will have tales about how challenging it is to get a new business up and running. Aside from the usual funding issues, a great deal of business owners might be specialists in their own fields, but come up short when it comes to the financial management skills needed to become a successful start-up. This is a familiar story; one that Absa is about to evolve.
The Absa Business Evolve Zero Account offers more than just zero monthly fees. At its heart, it is a business management and accounting solution called Cashflow Manager. As an-end-to-end digital offering, Cashflow Manager empowers even novices to take control of their business finances like never before. Standard features include the ability to create cost estimates and generate invoices. Invoices will automatically be picked up when they are paid, to deliver reports on outstanding monies. Cashflow Manager delivers a bird’s eye view of your company’s finances, and even helps proprietors to keep track of the