Thriday helps SMEs fight invoice fraud with bill management tool
Thriday, the revolutionary all-in-one financial management platform for small businesses, is excited to announce the launch of its latest product feature, Bill Manager. This innovative product is the first of its kind in Australia, offering an effortless and safer solution to bill payments for businesses of all sizes. The feature is designed to automate bill payments for Thriday users, saving them hours each year by eliminating manual data entry. With Bill Manager, users can simply save their bills or invoices to Thriday through the app or email.
The platform's state-of-the-art OCR technology automatically extracts key information from the document, so no manual data entry is required. Bill Manager then matches the bill to its corresponding account and automatically schedules payment from the chosen integrated Thriday transaction account on its due date, saving users time and hassle.
Thriday is proud to be at the forefront of this ground-breaking technology. By allowing users to save bills and invoices directly to the platform through the app or email, Thriday automates the scheduling and payment of bills with unparalleled ease and convenience.
In addition, since COVID-19 Scamwatch Australia has reported a significant rise in invoice fraud (payment redirection scams) costing Australia’s small businesses $14M in losses. At Thriday, we understand the importance of cybersecurity and fraud risks. Bill manager ensures payments are only made to approved billers. This feature is designed to ensure that the right person is being paid, reducing the risk of fraud or human error.
"We're thrilled to bring this innovative and secure solution to our users," said Michael Nuciforo, CEO of Thriday. "Bill Manager is a game changer that will streamline financial management for our customers, saving them time and reducing the risk of errors and fraud."
Head of Growth, Justin Bohlmann, added, "Thriday has always been committed to providing our users with cutting-edge technology that makes financial management more accessible and efficient. Bill Manager is a natural extension of this vision, and we can't wait to see the impact it has on the industry."
Thriday's launch of Bill Manager marks a significant milestone in the evolution of financial technology. The company looks forward to innovating and improving the user experience for businesses of all sizes.
Thriday's Bill Manager is now available for all Thriday users at no additional cost. You can join Thriday for free, and a premium subscription is just $29.95/month.
About Thriday
Thriday has totally reimagined how businesses should manage their money, creating a unique product that uses artificial intelligence to automate banking, accounting, and tax for small-to-medium businesses. Thriday acts like a CFO in your pocket, taking care of everything a business needs.
