MILAN, Italy, 16th Jun 2022, King NewsWire, There are new businesses entering a wide range of industries every day. As the world is increasingly moving towards digital transformation, the competition has grown in every industry. With bigger and already established enterprises growing in various sectors, it becomes a challenge for small and medium-scale businesses to sustain.
Cashflow is a universal problem that SMEs face often as most entrepreneurs start out without certainty of the financial health of their businesses because financial accounting is complex and boring resulting in 3-5 hours of extra work a week that can rather be dedicated to other core business activities. While using Spreadsheets helps, its manual entry has potential for human error and it’s incredibly time-consuming too. Business owners need real-time cash visibility that saves them precious time and automates the integration of all data into one single platform to view at a glance.
Today, existing cash flow forecast softwares are not targeted at small businesses but are rather targeting medium and large-scale companies with more complex and pricy cash management solutions.
Pelrio is a cashflow management software specifically built to focus on small businesses that are underserved by existing cash management platforms and businesses looking to move their financial management off of spreadsheets and onto an automated tool that simplifies everyday complex finance management.
Pelrio accurately combines machine learning and financial modeling. The software delivers a real-time cash flow forecast, automates expense control, enables payment schedules, and provides economical certainty to businesses. Pelrio also enables businesses to centralize financial data through automated integration to over 2000 banks and connection to more than 25 accounting software such as Quickbook, Xero, NetSuite, Sage, and more.
Pelrio was founded in 2022 by visionary entrepreneurs Promise Uzoechi, Sebastiano Valentini, and Santhosh Balasa with the objective of simplifying complex accounting for entrepreneurs who have little finance expertise.
Pelrio supports small businesses across many European Union countries including Italy, Germany, France, Netherland, and Spain.
Business owners deserve to spend their time and money doing what they do best – running their businesses. They deserve to stay in control of their business finances, at any point in time, reducing the financial uncertainties and helping their businesses make informed data-driven decisions.
Help your business in managing cashflow through Pelrio, today!
Media Contact: Pelrio SRL.
Contact Person: Promise Uzoechi
Email: Send Email
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No FUNDS MANAGEMENT journalist was involved in the writing and production of this article.