The way most businesses bank today, is revolutionized compared to the way we banked yesterday; leveraging multiple accounts for specific purposes. Those who have implemented a ‘multiple bank account’ way of banking, find great use in allocating their income based off percentages. We find this as a great way to ‘supercharge’ your budgeting and financial procedures. How can we leverage up to 20 accounts with no fee banking? Well, Relay (FDIC Insured) has a solution for us!
What is Relay Financial?
Relay Financial is an innovative and forward-thinking financial technology platform that aims to revolutionize the way businesses manage their finances. With its cutting-edge tools and streamlined processes, Relay makes it easier than ever for businesses to track their finances and make informed decisions.
For businesses, Relay Financial provides a variety of services, from traditional accounting services to automated financial tracking and reporting. The platform was designed to automate and streamline the accounting process, making it easier for businesses to access their financial data in real-time and make smarter decisions.
One of the most unique features of Relay Financial is its integrated payments platform. This allows businesses to automatically send and receive payments, which makes it easier to manage accounts payable and accounts receivable. The platform also offers an automated invoice management system, which helps businesses keep track of their income and expenses.
How can my business benefit from Relay Financial?
Relay Financial also offers a range of analytics tools that allow businesses to easily analyze their financial data. For example, the platform’s analytics tools provide insights into cash flow, spending patterns, and other trends. This allows businesses to make informed decisions about their finances and better manage their cash flow.
Accountants and financial advisors can also benefit from Relay Financial’s tools. The platform allows them to easily track client activity and keep up with the latest trends in the industry. This makes it easier for them to provide their clients with timely and accurate advice.
At our accounting firm, we believe that Relay Financial is a great tool for businesses and financial advisors alike. The platform’s streamlined processes and automated features make it easier for businesses to keep track of their finances and make informed decisions. And for financial advisors, the platform’s analytics tools provide valuable insights into their clients’ financial data.
Overall, Relay Financial is an innovative and forward-thinking financial technology platform that provides businesses and financial advisors with a range of powerful tools to manage their finances. We believe that it’s a great tool for businesses and financial advisors alike, and we highly recommend it for anyone looking for a more efficient and effective way to manage their finances.