Promise launches a revolutionary solution to help small business manage and pay bills

By Junction2 Noosa Junctions Creative Coworking Space

Join us for the launch of Promise, a Sunshine Coast startup by three local entrepreneurs, which is set to revolutionise the way small business manage and pay bills.
 

 Mon 04, April, 2016 2016-04-04T13:00:00 2016-04-04T15:00:00 Australia/Brisbane Promise launches a revolutionary solution to help small business manage and pay bills Join us for the launch of Promise, a Sunshine Coast startup by three local entrepreneurs, which is set to revolutionise the way small business manage and pay bills.   https://junction2.co/blog/promise-launches-a-revolutionary-solution-to-help-small-business-manage-and-pay-bills 24 Lanyana Way,Noosa Heads,QLD,4567 Junction2 share@junction2.co

 01:00 PM

 24 Lanyana Way Noosa Heads Show on Map

Promise, an integrated bill management network allowing users to sort and pay bills with a single click,is set to revolutionise the way people manage and pay bills.

The brainchild of experienced start-up founder Alexander Kohl, the App displays bills from multiple suppliers, facilitates a single-click payment and automatically syncs invoice and payment details to both the user and supplier's accounting systems.

Alexander said that while business and personal accounting systems were becoming increasingly automated, paying bills still required manual data handling, which costs small business time and productivity.

In a digitally connected world, this kind of double handling just isn't necessary. Promis reduces these inefficiencies by automatically syncing bills into existing accounting systems. This means businesses can keep their existing processes, and don't need to input any data

One of the orignal Junction 2 founders, Brian Keayes, was a driving forces behind pushing the project forward. Already well versed in coworking spaces, Brian has first had experience with how small businesses paid their bills and the impact it had on the cash flow of a business.

Promis are launching their product at the Junction 2 Coworking space on Tuesday 4th of April, and are calling for all local businesses to come and provide feedback and input.

 

"Banks have an incredible privilege: with every loan they make, they actually create money. The downside for everyone else is that we have to pay interest on that" said Promise founder, Alexander Kohl. "On Tuesday we want to reclaim that privilege and pass it back to the people. People that are creating real value for the community. Value through their services and products."

The launch will include a small workshop to showcase the product and get feedback from local small business to validate the product as they role out the new system across Australia.

A small lunch will be provided.

For any further questions, email: alexander@promis.co

Visit their https://www.promis.co/ for more information and to sign up for the Beta Release.

Image Credits: Warren Lynam / Sunshine Coast Daily