English
22seven Business is fast carving a name for itself in South Africa as the hub for innovative businesses to leverage through the launch of their latest application.
South African SMEs now have a better chance to enjoy business efficiency through this application.
“We built 22seven Business thanks to 22seveners using our original app and trying to apply it to ease their business operations.
Our research showed that what small business owners were primarily looking for was a simple financial overview, better spend tracking, and professional invoice management. So these are the challenges we’re addressing first.”
Users are afforded the chance to safely link bank accounts and track their business finances in one place.
22seven Business uses smart machine learning and specified rules to ensure that guarantee that business transactions are auto classified to ensures easy reporting.
Joseph buttressed the need to build a sustainable ecosystem for small businesses which will add value for SA business owners and 22seven.
His words; “Our envisaged model will ultimately help small businesses access essential services and solutions required to run a successful business via the platform.”
22seven Business partners with Lulalend, an online South African automated provider of short-term funding for SMMEs, to grant small businesses access to lending solutions supported by invoices”.
The COVID-19 pandemic adversely impacted small businesses in South Africa, however, part of the lessons from the pandemic necessitated the launch of 22seven Business as small businesses urgently needed assistance during the economic crunch.
The free business tool will aid support the economic recovery of South Africa and develop a sustainable ecosystem for small businesses.
Featured Image: business.22seven
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