Africa: SMEs Benefit From New Finance Management App

Johannesburg — SMALL businesses in the continent have received a boost following the launch of what is heralded as a mobile-first financial and business management application.

The app, a partnership between Vodacom Business and Fiskl, redesigns the way day-to-day finances are managed in a small business, the companies said.

It is anticipated the mobile app will help give entrepreneurs an instant overview of their daily finances and the ability to manage their business and staff from anywhere at any time, thus empowering them to efficiently manage their cash flow and focus on growing their business.

Anthon Muller, Vodacom Executive Head for Enterprise Mobility Service, explained that Fiskl would be integrated in Vodacom's business service range, allowing customers to add Fiskl to their business apps.

By offering local pricing, ability to invoice in over 60 languages and over 150 currencies, Muller said Fiskl appealed to an increasingly global and highly mobile set of entrepreneurs, especially in Africa.

Fiskl already has customers in 11 countries and Vodacom offers customers up to 30 savings when they purchase the product.

"We are proud to partner with Fiskl to bring mobile and digital technology together for South Africa's small businesses," Muller said.

See What Everyone is Watching

More From: CAJ News

Don't Miss

AllAfrica publishes around 600 reports a day from more than 150 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.