Home Business NewsFinance News Fintech Payrow launches new tools to automate routine processes for business

Fintech Payrow launches new tools to automate routine processes for business

by LLB Reporter
15th Nov 22 3:25 pm

Payrow, a new British fintech that provides financial services for entrepreneurs and flexible workers, announces the launch of automatic statements, which provide detailed information about payments for the required period. Customers can configure the automatic generation of both one-time and regular account statements for the selected period.

The launch of automatic statements aligns with Payrow’s strategy to help entrepreneurs and online businesses to save their time and money instead of trying to overcome the burden of paperwork and routine processes and to focus on more interesting and promising projects and developments.

Payrow’s automatic statements open the following possibilities to businesses:

  • setting deadlines for automatic creation and distribution of statements: receiving detailed information about payments for the required period on the right day.
  • reporting function that allows to easily receive and download data for the selected period in a convenient format.
  • automatically generated regular statements by e-mail with a configurable regularity.
  • adding multiple recipients.

Focusing on the problems of participants in the modern market is one of the key advantages of Payrow. To prevent routine tasks from becoming a burden for business, Payrow has developed many automation solutions. The fintech provides customer support in the automation of invoicing and paying bills, payrolls, accounting and tax reporting, and the flow of statements.

According to a Payrow’s representative, the next step in fintech’s development is the launch of scheduled payments, as well as the issuance of cards with the possibility of contactless payments and cashless, instant transfers.

Earlier Payrow announced financial services support for businesses with complex ownership structures. Leveraging its strong market experience, Payrow is ready to onboard businesses with complex ownership structures in the United Kingdom. With a team of experts specialising in dealing with such businesses and strong KYC processes, Payrow can efficiently upload the required number of beneficiaries during business registration and easily offer all the necessary financial services from day one.

About Payrow

Payrow is a British fintech company providing a business financial service tailored to the fast-growing number of entrepreneurs, consultants, remote workers, and freelance specialists. The platform offers a wide range of financial services and a convenient, reliable, and affordable ecosystem for its users. Payrow allows you to manage payments with a high level of security, create invoices, and process taxes. Payrow uniquely optimised financial flows provide support at every stage of the business cycle.

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