Top 7 Small Business Tech Stacks for 2021

SNEHA HULL | June 23, 2021 | 424 views

Top 7 Small Business Tech Stacks
The start of the COVID-19 pandemic created unprecedented demand for digital marketing irrespective of large businesses or small-medium businesses. Along with it, the pandemic brought the ever-increasing demand for tech stack in business. Business tech trends are important for small business owners in 2021 that play a vital role in the growth and efficiency of their business. Growing business and start-up tech stack issues for small businesses differ from large enterprises.

Tech stack has been in marketing for ages, yet it was the most neglected aspect by small business owners. However, the emergence of the pandemic brought business technologies for small businesses into action. Embracing technology is crucial to enable your company to equip with the right tools to find the solutions for the ever-changing demands and expectations of consumers.
Small business technology trends will be substantial/significant in 2021, and here are the best 7 small business tech stacks to reshape your business.


What is a tech stack?

A Tech stack is a set of technological tools used to build applications for web or mobile, software, and other operational tools. Tech stack is also called a solutions stack, technology infrastructure, or data ecosystem. As more and more businesses have started operating through computers and mobile devices, the tech stack has become a necessity to the app, web, or software development process.

About 89% of companies are going digital; thus, adopting it as their first strategy for business, the demand for technology is also growing. The technology stack is used for various reasons: sales, human resources, finance, digital marketing, operations, and analytics.

Why businesses need tech stacks?

Tech stack helps small business owners leverage capital in more effective and smarter ways. You will benefit from building your tech stack, whether you manage a large company, a start-up, or a solopreneur, and automate some processes. Your tech stack defines how different parts of your business fit together and interact. The right tech stack can streamline all your processes and help your team increase efficiency, improving your bottom line.

Top 7 Small Business Tech Trends for 2021

Artificial intelligence (AI) and machine learning

The rise of artificial intelligence and machine learning is a significant trend and has transformed the way businesses are operating today. Most of the solutions are now implementing AI technology, where small business owners can include them in new and existing processes in 2021. Soon artificial intelligence (AI) will be widely adopted by small businesses in 2021 as it offers more personalized experiences to their customers by automating manual tasks and saving time. AI acts as an automation tech stack in business operations. AI will be implemented into new and existing processes and on a broader scale in 2021, from voice assistance to personalized customer experiences.

AI-based tools offer various benefits, which includes:
• Reducing time spent on tasks
• Increasing results
• Lowering costs
• Reducing risk
• Improving flexibility and responsiveness

Here are a few existing AI solutions that can help your small businesses.


AI-infused CRM

AI-infused CRM is a marketing and sales tech stack for businesses. It helps to improve sales and marketing. Customer-relationship management is nothing but a system designed to collect customer data through communication channels such as phone, emails, and social and thus helps to automate and boost the sales process. It is a significant small business tech stack that helps small business owners to identify and focus on audiences based on the customer feedback received through all those communication channels. Based on this information, you can adjust marketing and lead generation activities through implemented AI-infused CRM. AI-infused CRMs can be utilized to gather marketing and sales-related insights
AI-infused CRM can be the best marketing tech for small businesses.


AI-powered Chatbots

AI-powered Chatbots is one of the effective small business tech trends. It  automates customer communications. Many small businesses do not have strong customer service or sales teams. In such a case, AI-powered Chatbots can ease the pressure by working 24/7 without taking any breaks. Furthermore, AI-powered chatbots handle inquiries, improve customer experience, troubleshoot, and provide immediate support, and so on, all at the same time.


Streamline human resource tasks

The most unexpected arena that AI has made an entry is into human resources. AI tools streamline the hiring and onboarding process and acquire feedback from the new employees about improvisation required in the HR process. It saves time and money from manually interviewing every applicant. According to small business trends, 84% of small businesses still manually manage inventory and record data.


5G Technology

5G is a super-fast new global wireless fifth generation of cellular capability replacing 4G LTE connection. 5G promises faster data transmission speeds, a better and more consistent user experience, and improved network reliability, eliminating delay in data transfer between different devices’ communication. Small businesses can leverage IoT sensors of 5G by optimizing their workflow with automation, operating CCTV cameras, or placing a motion detector in a store during after-hours. According to Statista 2021, there will be more than 1.9 billion 5G subscriptions worldwide by 2024. 5G is a significant innovation for small business tech.

Comprehensive HR Technology

The need for comprehensive human resources software and tech by small and medium-sized businesses gained importance in 2020 due to the remote work in practice. By adopting this technology, small businesses can track their employees and their needs. This trend will continue in 2021, too, and can bring change in small business tech.

HR tech comprises the tool that HR managers will need to deliver a better employee experience. HR tech allows to store data, automate daily activities, reduces human errors, and maximizes productivity. A centralized HR system will help your employees to communicate better. Comprehensive HR tech helps to train your employees online and offline and allows you to track your employees regularly.


Tech-assisted Shopping

As a result of the pandemic and lockdowns, the major business shifted to mobile tech, online shopping, and mobile scheduling payments to establish a contactless shopping experience to their customers. However, this trend of making payments and shopping will continue in 2021 as well. Many retailers and small businesses rely heavily on online shopping, delivery, and mobile payments giving rise to popular eCommerce tech trends such as voice-activated payments, omnichannel shopping, augmented reality shopping experience, and mobile tech among the few. Tech-assisted shopping can benefit small business tech trends as it emphasizes convenience.

More Automation for Small Businesses

Automation was a buzzword for small businesses until 2021. Automation for small businesses saves enormous amounts of precious time and money on manually completing the tasks. The largest of the budget of small businesses will be spent on automation in 2021. Automation investments will increase as small businesses include online pricing automation and inventory management systems to conveniently solve their problems. Estimates say that there would be a boom in companies looking out for utilizing automated solutions for small business activities.
Additionally, automation tools improve sales, revenues, communication, create and manage invoices, increase customer experience, and much more. Automation increases the efficiency and productivity of small businesses. It is one of the core aspects of small business tech.


More Influencer Marketing

Influencer marketing is new-age marketing. It is also known as social media influencers, wherein you use the people having a strong influence on a brand’s industry or target audience. Influencer marketing is a dynamic form of the marketing strategy of 2021. Small businesses cannot afford to use a big celebrity or a high-profile influencer in influencer marketing. In such a situation small business can find a blogger, Instagrammer, or YouTuber that most of the audience relate with and join forces with them to recommend or promote their services, products, and brand. Besides, you can personalize the marketing strategy that will help you  effectively connect with your customers, improve marketing campaigns, and create a niche within your industry. Thus, influencer marketing is the best marketing tech for small businesses.


Software Integration

With the modern workplace and innovation of more and more tech solutions, small businesses are also adopting new technology tools, thus giving rise to the need for software integration. Integration platforms allow any software to connect well with any other software. It brings various software together to make one unified software. Companies use various software to connect teams, manage customers, send important documents and store company information, respectively. The small business adds technology tools as they appear, which are necessary to complete the aspects of daily operations. Tech stack includes many components such as CRM, content performance and search, customer experience, social, and digital analytics. All these need to be accessible while working together. In such a situation, integration makes the tech stack streamline all the processes and enable team efficiency.

Technology integrations allow more data, eliminating errors speedily, and is also a low-cost technology. The key aspect of a tech stack is how seamless, and integrated technologies are.

Frequently Asked Questions:

How small business owners use technology to improve the business?

The use of technology enhances small businesses. Small business owners use technology to connect with people, provide better customer services, resort to remote workplace methods, automate tasks to save time, and much more.

What technology do small businesses need?

Small businesses must have some popular technologies such as HR software, Cloud computing, CRM, data and information security technology, mobile applications, etc.

Why do small businesses need technology?

Technology helps to save time and physical space for small businesses. The use of technology brings efficiency to operations. Technology helps small businesses to leverage their capital smartly and more effectively.

What are the 3 tools for small businesses?

The tools that can benefit small businesses are task management tools, email and social marketing tools, and scheduling meeting tools. These tools help small businesses to save time and money for their business to grow.

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How to Choose the Right Small Business Accounting Software?

Article | September 23, 2022

Introduction With increasing complexities in financial management and migration towards digital technologies for accounting operations, advanced accounting solutions are gaining massive traction across the small business sector. Accounting software assists small businesses in enhancing their financial performance by providing higher accuracy, optimized payroll, automated transaction tracking, centralizing financial records, and others. However, it is crucial for small businesses to integrate the right accounting software as per their requirements to get the most out of the solutions. Since the market is full of numerous accounting solutions with different capabilities, selecting the one that is most suitable for your business can be overwhelming. So what are the factors that a small business owner should consider before looking for an accounting solution? Let’s see below. Select the Right Accounting Software: The Top 5 Primary Factors to Consider for Small Businesses Types of Software With multiple types of accounting software available, such as system software, application software, cloud-based software, and others, small business owners can opt for solutions that suit their operations and working style. If the owners operate in an on-the-go style, cloud-based software is best for them. But if the owners prefer to work from a single location, then the system software is appropriate for them. Learning Curve Until and unless small business owners are aware of the ins and outs of accounting software, using the software may seem complicated. As the high complexity of the solutions can result in costly errors, these owners should make sure that the learning curve for operating the software is not too steep. Features List Before small business owners start reviewing various types of accounting software platforms, they should take the time to brush up on the basics. It is crucial for the owners to make sure that the accounting solution has all the functionalities and features they need, such as inventory management, multi-currency support, payment processing, expense tracking, and others. They should also consider the add-on features that the solution provider can offer. Software Cost Accounting software varies in cost, depending on the number of users it supports, its tools and features, and other factors. The more specialized the software is, the more expensive it gets. Small business owners should compare prices between various accounting software providers and understand the exact amount and the process by which they will be charged. For instance, some of the companies charge standard monthly fees, while others have a single upfront cost with additional charges for add-on services. They should also find out if there are any hidden charges associated with the setup, customer support, and cloud storage. Customer Support A huge part of a reliable accounting solution is customer service. This is because small business owners need quick solutions and answers if they get stuck or have any questions related to the software. They do not want to be bounced around from representative to representative when reaching out for support. Thus, the owners should look for accounting software that offers excellent customer support and service. While selecting the solution, they should research and read customer testimonials about the software’s customer support. Begin Your Accounting the Right Way Efficient accounting is a crucial part of financial management, which involves tracking critical business activities such as accounts receivable and payable, invoicing and billing, bank reconciliation, reporting, and tax compliance, among others. It can be difficult for small businesses to get everything right, yet good accounting is fundamental for the company's growth and success. Choosing the correct accounting software is a crucial first step when getting started with the discipline. To get the most out of your accounting software, it is essential for small businesses to carefully consider their requirements, check the availability of features as per the requirements, and then select the accounting software that provides the capabilities they require for the greatest accounting experience.

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How Are Small Business Accounting Software Meeting the Industry Needs Today?

Article | July 20, 2022

Introduction Every business owner wishes to become financially independent when starting a business. To achieve that, it is crucial for the owners to manage their finances in an efficient manner. When done wrong, financial management, which is supposed to make a company's budgeting processes more efficient, has led to the loss of funds in many cases. Without sound financial management, small businesses may struggle to meet their objectives and might even suffer losses that could push them into insolvency. Financial management assists businesses in maximizing their market share, minimizing capital expenditures, maintaining proper cash flow, and improving profits. Accounting software plays a significant role in proper financial management and has become a vital need for all businesses today. With a better understanding of the inefficiencies of manual bookkeeping and the increased chances of error in finance tracking, business owners are increasingly shifting from managing finances manually to leveraging innovative solutions, such as accounting software, to improve their financial management. Why Is Small Business Accounting Software a Need for the Industry Today? In the course of a typical day, there are numerous tasks and responsibilities that must be managed and accomplished by small businesses by the end of the day. From planning to managing finances and accounting, a small business owner's back is full of a plethora of day-to-day tasks. As a result, keeping track of every last detail is nearly impossible for them, especially in accounting, where keeping track of every transaction is critical for managing business operations. Accurate and reliable accounting management is critical for small businesses and start-ups to ensure stable cash flow. As accounting software helps small business owners keep track of every single transaction along with other benefits, such as managing business finances, understanding profitability, and preparing tax statements, among others, it is becoming a necessity for small business financial management. Here are some of the other reasons why small business accounting software is becoming a necessity in the industry. Overcoming Manual Records With the growing number of transactions in the small business sector, it is becoming increasingly difficult for business owners to track and record income and expense data. As accounting software assists these owners to overcome manual work by recording the data directly into the page in real time and keeping a daily update of all the transactions, it is increasingly being sought by small businesses. Ease in Maintaining Transaction Due to the increasing customer inclination towards the adoption of digital payment solutions, small businesses are encountering numerous obstacles in maintaining all transactions from different online portals. Accounting software helps businesses leverage the bank feed feature to connect credit card accounts and the business bank, thereby centralizing and maintaining all transactional data in one place. Preparation of Reports and Financial Statements Keeping track of all small and large transactions and preparing financial statements, such as profit and loss statements and balance sheets, of these transactions manually is a tedious task and prone to errors. Accounting software automates the preparation of these financial statements and allows comparing transaction activity from prior months and years. As a result, it is increasingly gaining acceptance among small business owners. Increases Efficiency Accounting software allows small businesses to manage invoices and expenses, prepare for taxation, and keep tabs on all the financials, including payments, bad debts, upcoming dues, employee salaries, and others. Delegating all these financial management responsibilities to accounting software enables small business owners to focus on tasks that require their undivided attention, thereby boosting business efficiency. Bottom Line Regardless of the size of the business, every company strives to optimize its financial management, improve efficiencies, minimize costs, and simplify complex and tedious tasks. Accounting software can help small business owners achieve these objectives, along with eliminating time-consuming manual processes and redundancies, by automating accounting practices. Following this, the growing introduction of advanced cloud-based accounting software capable of providing real-time data access to business owners from anywhere at any time and on any device is expected to change the ways accounting is done in the small business industry in the coming years.

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5 Tax-Related Resolutions for Smarter Small Business Accounting in 2020

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Accountants working with small businesses often play the role of business advisors, especially when it comes to educating their clients about tax regulations and reducing their tax bill by taking all legitimate factors into account. We’ve gathered four tips that accounting professionals can use as a check-list to give to their small and mid-size business owner clients looking to make better financial decisions this year.

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7 BIGGEST ENTREPRENEURIAL MISTAKES

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This is the first post in a seven-part-series detailing the biggest entrepreneurial mistakes business owners make. The series will run over the next few weeks so check back to learn more. These are the 7 Biggest Mistakes I have seen entrepreneurs and companies make that can devalue their Intellectual Property (“IP”) portfolio, damage their brand, or sink a deal. If you are considering turning your idea into a business, read this carefully first. There are other mistakes you can make, but these are the deal-breakers. Any one of these can cost you big bucks, credibility in the eyes of investors and potential partners, and ultimately lead to evaporation of the value of your idea.

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mdf commerce Partners with Acumatica to Provide SMBs a Unified E-commerce Solution

mdf commerce | January 31, 2023

On January 30, 2023, mdf commerce inc., one of the SaaS leaders in digital commerce technology, announced a collaboration between its ecommerce solution, k-e-commerce, and Acumatica. The products, when combined, provide a full offering to SMB clients and extend the reach of mdf commerce's e-commerce solution. The k-e-commerce ERP-integrated e-commerce platform designed for Acumatica Cloud ERP customers comprises a CMS, cloud hosting, and post-implementation servicing and training. In addition, k-e-commerce assists B2B businesses by providing a PCI Level 1 compliant environment. Vice President of partner solutions at Acumatica, Christian Lindberg, said, "With over 20 years of experience in the B2B ecommerce industry, built specifically for manufacturing, wholesale and distribution businesses, k-ecommerce checks off all the boxes for providing Acumatica Cloud ERP users with a robust and scalable B2B ecommerce platform. The integration to k-ecommerce also means Acumatica customers can maximize the return on their current technological infrastructure." (Source – GlobeNewswire) President of k-e-commerce, powered by mdf commerce, Pascal Cardinal, said, "Acumatica has been the world's fastest growing Cloud ERP company for more than six years. We are proud to support the Acumatica Cloud ERP business by providing the fully integrated ecommerce experience that is key to partners in the channel and end users within the Acumatica ecosystem." He added, "We are excited to introduce the new solution in exclusivity during the Acumatica Summit 2023." (Source – GlobeNewswire) About mdf commerce inc. mdf commerce Inc., previously known as Mediagrif Interactive Technologies Inc., facilitates the flow of commerce by offering a comprehensive suite of SaaS solutions that optimize and speed up commercial transactions between buyers and sellers. The firm's infrastructure and services enable companies all over the globe to produce billions of dollars in yearly transactions. Its procurement, e-commerce, and e-marketplace solutions are backed by a strong and devoted workforce of over 700 professionals in Canada, the United States, Denmark, Ukraine, and China. About Acumatica Acumatica is among the world's top innovators in cloud-based enterprise resource planning (ERP). Acumatica ERP provides adaptive cloud and mobile technologies with a one-of-a-kind, all-inclusive user licensing model, providing a comprehensive, real-time picture of your company at any time and from any location through its global network of partners. The technology is based on a future-proof platform with an open architecture for quick integrations, scalability, and user-friendliness, allowing it to give unmatched value to small and mid-sized businesses. The company has its headquarters in Kirkland, Washington, and is owned by EQT Partners, one of the world's most prominent investment firms.

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Melio Announces Integration with Xero to Sync Payments Data

Melio | January 25, 2023

On January 24, 2023, Melio, the industry-leading B2B payments platform for small businesses, announced a new integration with the cloud-based accounting software platform Xero. Through this integration, Melio's small business clients will be able to seamlessly sync their accounts payable and receivable data with Xero, therefore saving time on bill payments, facilitating reconciliation, and enhancing insight into incoming payments. Melio's co-founder and CTO, Ilan Atias, said, "This two-way sync with Xero will help small business customers better understand how much money is going in and out of their accounts at a time when it is critical to keep a close eye on cash flow." He explained, "Moreover, this integration will help save customers time and simplify the bill-paying process while providing them with more visibility and control over their day-to-day finances." (Source – PR Newswire) The United States is home to 33.2 million small businesses, which accounts for 99.9% of the nation's businesses. This integration will enable these businesses to spend less time on accounting and more time growing their businesses. In addition, small business bills, payments, and invoice information will be seamlessly synchronized across the two platforms, saving time typing data into separate accounts and eliminating the guesswork of matching charges to open invoices. The VP of Partnerships, Americas, at Xero, Carol Haverty, stated, "Melio's integration with Xero offers tremendous value to our accounting and bookkeeping partners and their small business clients." She also said, "Melio and Xero have a shared vision of championing small business. We look forward to helping our customers streamline workflows and save time with this integration so they can focus on growing and running their business." (Source – PR Newswire) This is Melio's fourth synchronization with an industry-leading accounting software vendor, extending the company's track record of collaborating and integrating with financial institutions, software providers, and markets. About Melio Melio is a market-leading B2B payments technology firm that helps small and medium-sized businesses send and receive payments rapidly and without hassle, thereby improving their cash flow and productivity. Melio, one of the fastest-growing B2B payment platforms in the United States, is revolutionizing the transfer of funds between businesses. It serves banking institutions and software firms that want to provide accounts payable and receivable solutions to small business clients. The company was founded in 2018, with headquarters in New York, a research and development facility in Tel Aviv, and headquarters in Colorado for the western United States.

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Swiftly Systems, Inc. Digitally Empowers 15,000 SMB

Swiftly | January 13, 2023

On January 12, 2023, Swiftly Systems, Inc., a best-in-class retail technology firm that provides omnichannel tools for business retailers, announced the launch of its highly-requested new SMB platform. This launch democratizes direct exposure to the Swiftly platform for more than 15,000 SMBs, empowering them with an inventive portfolio of retail tools and solutions to own their digital customer relationship on an enterprise-grade platform that has been adapted to meet the requirements of the small and mid-market retailer. In addition, this would increase Swiftly's network of retailers to over 25,000 stores throughout the United States, representing over 12% of grocery and convenience store locations. Swiftly is making this announcement in collaboration with two launch partners, Skupos, one of the leaders in driving business outcomes in the convenience retail industry, and Alliance Retail Group, the largest self-negotiating grocery advertising group in the United States, to expedite the success of SMB shops. As a result, their clients have access to an easy-to-integrate, low-cost digital platform that offers advertising access to the nation's most extensive network of retailers. Although today's merchants recognize the need for digital solutions to compete with big-box retailers, they have traditionally needed more technical and financial resources. This new platform solves these difficulties and develops solutions for SMBs in the aftermath of impending mergers such as Kroger and Albertsons, which are anticipated to result in higher customer sizes and stronger digital strengths, rivaling Walmart and other major retailers. With this announcement, Swiftly significantly closes this gap, guaranteeing that small merchants do not lose business to internet giants. Moreover, by providing SMBs with the technology and resources they need to generate new income streams quicker to market, and with less upfront costs, the scales are tipped more fairly in favor of SMB merchants. About Swiftly Systems, Inc. Swiftly Systems, Inc. is a leading technology and retail media solutions provider for retailers. The company was founded in 2018 and has delivered revolutionary retail engagement solutions that empower retailers to control the digital consumer connection. Its retail tools, analytics tools, mobile platforms, and media network help retailers accelerate sales and develop customer loyalty while empowering brands to reach more customers and amplify campaigns using 1st-party data. As a result, the firm makes retail technology more accessible to merchants and provides them with the tools they need to succeed in a highly competitive sector.

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mdf commerce Partners with Acumatica to Provide SMBs a Unified E-commerce Solution

mdf commerce | January 31, 2023

On January 30, 2023, mdf commerce inc., one of the SaaS leaders in digital commerce technology, announced a collaboration between its ecommerce solution, k-e-commerce, and Acumatica. The products, when combined, provide a full offering to SMB clients and extend the reach of mdf commerce's e-commerce solution. The k-e-commerce ERP-integrated e-commerce platform designed for Acumatica Cloud ERP customers comprises a CMS, cloud hosting, and post-implementation servicing and training. In addition, k-e-commerce assists B2B businesses by providing a PCI Level 1 compliant environment. Vice President of partner solutions at Acumatica, Christian Lindberg, said, "With over 20 years of experience in the B2B ecommerce industry, built specifically for manufacturing, wholesale and distribution businesses, k-ecommerce checks off all the boxes for providing Acumatica Cloud ERP users with a robust and scalable B2B ecommerce platform. The integration to k-ecommerce also means Acumatica customers can maximize the return on their current technological infrastructure." (Source – GlobeNewswire) President of k-e-commerce, powered by mdf commerce, Pascal Cardinal, said, "Acumatica has been the world's fastest growing Cloud ERP company for more than six years. We are proud to support the Acumatica Cloud ERP business by providing the fully integrated ecommerce experience that is key to partners in the channel and end users within the Acumatica ecosystem." He added, "We are excited to introduce the new solution in exclusivity during the Acumatica Summit 2023." (Source – GlobeNewswire) About mdf commerce inc. mdf commerce Inc., previously known as Mediagrif Interactive Technologies Inc., facilitates the flow of commerce by offering a comprehensive suite of SaaS solutions that optimize and speed up commercial transactions between buyers and sellers. The firm's infrastructure and services enable companies all over the globe to produce billions of dollars in yearly transactions. Its procurement, e-commerce, and e-marketplace solutions are backed by a strong and devoted workforce of over 700 professionals in Canada, the United States, Denmark, Ukraine, and China. About Acumatica Acumatica is among the world's top innovators in cloud-based enterprise resource planning (ERP). Acumatica ERP provides adaptive cloud and mobile technologies with a one-of-a-kind, all-inclusive user licensing model, providing a comprehensive, real-time picture of your company at any time and from any location through its global network of partners. The technology is based on a future-proof platform with an open architecture for quick integrations, scalability, and user-friendliness, allowing it to give unmatched value to small and mid-sized businesses. The company has its headquarters in Kirkland, Washington, and is owned by EQT Partners, one of the world's most prominent investment firms.

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Melio Announces Integration with Xero to Sync Payments Data

Melio | January 25, 2023

On January 24, 2023, Melio, the industry-leading B2B payments platform for small businesses, announced a new integration with the cloud-based accounting software platform Xero. Through this integration, Melio's small business clients will be able to seamlessly sync their accounts payable and receivable data with Xero, therefore saving time on bill payments, facilitating reconciliation, and enhancing insight into incoming payments. Melio's co-founder and CTO, Ilan Atias, said, "This two-way sync with Xero will help small business customers better understand how much money is going in and out of their accounts at a time when it is critical to keep a close eye on cash flow." He explained, "Moreover, this integration will help save customers time and simplify the bill-paying process while providing them with more visibility and control over their day-to-day finances." (Source – PR Newswire) The United States is home to 33.2 million small businesses, which accounts for 99.9% of the nation's businesses. This integration will enable these businesses to spend less time on accounting and more time growing their businesses. In addition, small business bills, payments, and invoice information will be seamlessly synchronized across the two platforms, saving time typing data into separate accounts and eliminating the guesswork of matching charges to open invoices. The VP of Partnerships, Americas, at Xero, Carol Haverty, stated, "Melio's integration with Xero offers tremendous value to our accounting and bookkeeping partners and their small business clients." She also said, "Melio and Xero have a shared vision of championing small business. We look forward to helping our customers streamline workflows and save time with this integration so they can focus on growing and running their business." (Source – PR Newswire) This is Melio's fourth synchronization with an industry-leading accounting software vendor, extending the company's track record of collaborating and integrating with financial institutions, software providers, and markets. About Melio Melio is a market-leading B2B payments technology firm that helps small and medium-sized businesses send and receive payments rapidly and without hassle, thereby improving their cash flow and productivity. Melio, one of the fastest-growing B2B payment platforms in the United States, is revolutionizing the transfer of funds between businesses. It serves banking institutions and software firms that want to provide accounts payable and receivable solutions to small business clients. The company was founded in 2018, with headquarters in New York, a research and development facility in Tel Aviv, and headquarters in Colorado for the western United States.

Read More

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Swiftly Systems, Inc. Digitally Empowers 15,000 SMB

Swiftly | January 13, 2023

On January 12, 2023, Swiftly Systems, Inc., a best-in-class retail technology firm that provides omnichannel tools for business retailers, announced the launch of its highly-requested new SMB platform. This launch democratizes direct exposure to the Swiftly platform for more than 15,000 SMBs, empowering them with an inventive portfolio of retail tools and solutions to own their digital customer relationship on an enterprise-grade platform that has been adapted to meet the requirements of the small and mid-market retailer. In addition, this would increase Swiftly's network of retailers to over 25,000 stores throughout the United States, representing over 12% of grocery and convenience store locations. Swiftly is making this announcement in collaboration with two launch partners, Skupos, one of the leaders in driving business outcomes in the convenience retail industry, and Alliance Retail Group, the largest self-negotiating grocery advertising group in the United States, to expedite the success of SMB shops. As a result, their clients have access to an easy-to-integrate, low-cost digital platform that offers advertising access to the nation's most extensive network of retailers. Although today's merchants recognize the need for digital solutions to compete with big-box retailers, they have traditionally needed more technical and financial resources. This new platform solves these difficulties and develops solutions for SMBs in the aftermath of impending mergers such as Kroger and Albertsons, which are anticipated to result in higher customer sizes and stronger digital strengths, rivaling Walmart and other major retailers. With this announcement, Swiftly significantly closes this gap, guaranteeing that small merchants do not lose business to internet giants. Moreover, by providing SMBs with the technology and resources they need to generate new income streams quicker to market, and with less upfront costs, the scales are tipped more fairly in favor of SMB merchants. About Swiftly Systems, Inc. Swiftly Systems, Inc. is a leading technology and retail media solutions provider for retailers. The company was founded in 2018 and has delivered revolutionary retail engagement solutions that empower retailers to control the digital consumer connection. Its retail tools, analytics tools, mobile platforms, and media network help retailers accelerate sales and develop customer loyalty while empowering brands to reach more customers and amplify campaigns using 1st-party data. As a result, the firm makes retail technology more accessible to merchants and provides them with the tools they need to succeed in a highly competitive sector.

Read More

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