IODM is a new cloud-based solution that aims to, much like the simple name suggests, provide businesses with a new debt management solution to help lessen worries about cash flow.
Having seen the problems unpaid invoices can cause for smaller businesses, Metcalf last year decided to create an app to help empower the other end of the market to save and collect debt themselves.
Today Australian fintech startup Invoice2go launches new mobile payments feature as it enters into a new growth phase. The new feature will help Australian business owners across all industries receive payments faster.
The number of Australian businesses using factoring finance has risen to its highest level in five years, showing the growing popularity of debtor finance in the Australian market place, according to Bibby Financial Services, one of the world’s leading global debtor finance specialists.
Leading small business accounting software provider Xero continues to change the accounting game with the addition of online invoicing.
Over the last 6 years the company has been building accounting on the web. This has been a major investment, to build a full accounting system that connects small business owners to their accountants, bookkeepers, banks and other business solutions. Over 111,000 businesses now run on Xero.