Tide, the leading business financial platform, has partnered with BT to help SMEs with rising costs to save time and money managing their business.
BT and Tide are joining forces to offer BTโs 1 million small business customers access to Tideโs connected finance and admin solutions. This includes the platformโs flagship features such as invoice generation, Tide Accounting, payment and payroll services and expense cards.
More than 550,000 Tide customers (members) will also have access to discounts on selected EE phones, laptops, tablets & SIM only deals from BT.
The partnership comes as small businesses face rising costs of doing business yet increasingly need fast and efficient broadband and mobile connectivity to run their ventures.
A recent survey conducted by BT found that 41% of UK entrepreneurs now manage their business solely online.ย Almost three quarters (73%) of those already running a business or side hustle feel this would be impossible without reliable broadband and mobile connectivity.
Todayโs announcement underpins both Tideโs and BTโs mission to transform the small business community. For Tide, the tie up means more SMEs across the UK will be able to save time and money using its integrated platform.
BTโs partnership network includes a number of like-minded organisations across a range of sectors, including retail, hospitality, banking, finance and membership bodies, to bring benefits to its smallest customers. It sits alongside BTโs Skills for Tomorrow programme which has helped more than one million small businesses access free digital skills training.
George Schmidt, SVP Member Accession Marketing at Tide, said: โThe addition of BT to Tideโs highly successful partnership programme is a perfect opportunity for our new and existing members to get precious time back via Tideโs business financial platform. Our integrated services mean small businesses can manage their banking, accounting, payroll and credit all from one place – their Tide account. This partnership strengthens this offering,ย helping small businesses at a time when they face ongoing cost pressures.โ
Chris Sims, Managing Director, Small and Medium Business at BT, said: โSmall businesses are facing a lot of challenges at the moment, which are making it difficult for them to plan financially.
“Both BT and Tide are committed to helping small businesses navigate these challenges and maximise their potential, and unlocking discounts on BTโs best-in-class business broadband and Tideโs leading financial solutions is an important part of this.โ
Tide members can now enjoy a 10% discount on selected EE phones, laptops, tablets & SIM only deals (subject to T&Cs) to support growing businesses hiring new employees. Members will also get savings of up to ยฃ259.95 on BT business broadband, which includes speeds of up to 900 mbps. The deal comes with a free setup worth ยฃ19.95 (subject T&Cs). Tide members signing up to BT will also have access to a dedicated customer support line to help them apply.
To help BT small business customers get started, alongside dedicated onboarding support, Tide is also offering cashback when they successfully open a Tide account.
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