PrePay Options Powers First UK Enterprise Banking App with Invoicing and Expense Capabilities

PrePay Options (PPS), a subsidiary of Edenred, the world chief in enterprise cost administration, helps Countingup, turning into the primary cellular financial institution within the UK providing instruments billing and expense administration.

Launched for the primary time in 2018, the groundbreaking cellular utility primarily based on PPS allowed small companies to do banking, bookkeeping and management their taxes. By leveraging this complete product providing, the brand new billing and expense monitoring instruments are tailor-made to the particular wants of UK small companies.

PrePay options performed a key position in creating Countingup's companies and new additions by creating, working and managing the infrastructure. The technical platform has been designed to streamline accounting companies and supply enterprise homeowners with a snapshot of their monetary well being.

Given its ongoing mission to make enterprise simpler, Countingup is already common throughout the UK. Since its launch, it has processed greater than £ 100 million of transactions and obtained £ eight million of buyer deposits for greater than eight,000 small enterprise clients. The brand new provide will make Countingup much more enticing to enterprise homeowners.

Supported by main enterprise capital corporations, Ahead Companions, Frontline Ventures, Jam Jar Investments and in partnership with PPS, the corporate continues to develop progressive accounting options. As such, plans are already in place to launch the event of the app with extra billing and VAT submitting instruments, in addition to to allow multi-user entry – PPS will energy the app throughout its growth.

Ray Brash, CEO of PrePay Options, commented: "At PrePay Options, we’re all the time looking out for progressive know-how firms that present instruments to assist UK companies function simpler. We’re excited to launch the Countingup app, which supplies for the primary time within the UK streamlined accounting instruments. The corporate has been extremely ahead considering and we sit up for supplying future product choices. "

Tim Fouracre, CEO and Founding father of Countingup, commented: "We’re excited to be working with PPS's staff of consultants, which has helped strengthen our extraordinarily complete vary of accounting capabilities. Our app permits enterprise homeowners to make use of simplified software program for many of their accounting wants – with out having to juggle a number of strategies. Now we have thrilling tasks on the horizon and we sit up for persevering with to work with PPS. "

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