Qonto, the European business finance solution, has announced the launch of its new solution for invoicing.
This new solution “simplifies the process of generating, sharing and managing professional and customized invoices directly from the platform.”
Whether they are SMEs or freelancers, clients will be able “to create, edit, and send company-branded invoices in a few clicks.”
The platform will also “automatically track invoices for better visibility over incoming and pending payments.”
When an invoice is paid, it’s automatically “marked as such.” As a result users will save time and get paid in one place “thanks to a centralized invoicing solution.”
SMEs or freelancers invoicing their clients directly from Qonto “will also receive instant transfers when their customers are in the SEPA zone.”
“Being paid on time” is the second and third challenge freelancers face in France and Spain.
On average, freelancers in France, Germany and Spain spend 26% of their typical work week on “ancillary tasks” which “include administrative tasks such as invoicing or getting paid.”
Marc-Antoine Lacroix, CPO at Qonto, stated:
“We are committed to offering the best service to our clients. We know first hand how time consuming dealing with invoices can be. Our new solution will help our clients save precious time: in just a few clicks they will be able to generate invoices and get paid faster. We are taking one step further towards a one-stop-shop for business finance management, providing a seamless experience for our clients.”
Invoicing is the first part of a series of solutions, “allowing Qonto clients to get paid.”
The feature “is available as of May 24, 2022 for Qonto clients starting from the Smart Plan in France, Germany and Spain.”
In Italy, the feature will be “launched following the new regulation on e-invoices, coming into force in July.”
As covered, Qonto claims to be “the leading European business finance solution.”
It aims to simplify everything “from everyday banking and financing to bookkeeping and spend management.”
With its fast and “innovative” product, highly responsive customer service and transparent prices, Qonto “energizes SMEs and freelancers so that they can achieve more.”
Launched in 2017 by Steve Anavi and Alexandre Prot, Qonto reportedly serves over 250,000 clients in 4 countries (France, Germany, Italy and Spain) and “employs more than 600 talents in Paris, Berlin, Milan and Barcelona.”
Since its inception, Qonto has “raised a total of €622 million from Valar, Alven, the European Investment Bank, Tencent, DST Global, Tiger Global, TCV, Alkeon, Eurazeo, KKR, Insight Partners, Exor Seeds and Gaingels to support its global growth ambitions.”