Home / Finance Banking / Autobooks Accelerates Financial Institutions’ Access to Small Business Banking Solution Built on Microsoft Azure

Autobooks Accelerates Financial Institutions’ Access to Small Business Banking Solution Built on Microsoft Azure

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.

8em)–sm” type=”text” content=”DETROIT–(BUSINESS WIRE)–” data-reactid=”11″>DETROIT–(BUSINESS WIRE)–

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.

8em)–sm” type=”text” content=”iAutobooks enables financial institutions to become an eCommerce platform for small business /i” data-reactid=”12″>Autobooks enables financial institutions to become an eCommerce platform for small business

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.

8em)–sm” type=”text” content=”Autobooks, a small business payment and accounting platform built on Microsoft Azure helps banks reimagine and simplify small business banking.” data-reactid=”13″>Autobooks, a small business payment and accounting platform built on Microsoft Azure helps banks reimagine and simplify small business banking.

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8em)–sm” type=”text” content=”The rise of the gig economy (lifestyle, small and micro-businesses) are creating new opportunities for financial institutions. This growing market segment is often too big for consumer and retail accounts, but too small for commercial relationships, creating a gap that has forced these businesses to seek out non-bank providers – until now.

Autobooks’ digital solution is helping financial institutions bring treasury and cash management tools down-market to address the ne of this rapidly expanding audience.” data-reactid=”14″>The rise of the gig economy (lifestyle, small and micro-businesses) are creating new opportunities for financial institutions.

This growing market segment is often too big for consumer and retail accounts, but too small for commercial relationships, creating a gap that has forced these businesses to seek out non-bank providers – until now. Autobooks’ digital solution is helping financial institutions bring treasury and cash management tools down-market to address the ne of this rapidly expanding audience.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.

8em)–sm” type=”text” content=”“Financial institutions are realizing the small business market can be an area of tremendous growth and opportunity,” said Steve Robert, co-founder and CEO of Autobooks. “Proven channel integrations with existing core and digital banking providers, along with industry leading providers such as Microsoft, enable Autobooks to offer an all-in-one solution that both banks and credit unions can use to better serve small and micro-businesses in their communities.

”” data-reactid=”15″>“Financial institutions are realizing the small business market can be an area of tremendous growth and opportunity,” said Steve Robert, co-founder and CEO of Autobooks. “Proven channel integrations with existing core and digital banking providers, along with industry leading providers such as Microsoft, enable Autobooks to offer an all-in-one solution that both banks and credit unions can use to better serve small and micro-businesses in their communities.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.

8em)–sm” type=”text” content=”Luke Thomas, Head of Banking U.S.

Financial Services at Microsoft, added, “Collaborations with fintech companies are an exciting and growing segment for Microsoft as they are helping the entire financial services industry transform. With our industry expertise in regulated markets, working with companies like Autobooks, we will collectively bring new capabilities for the financial services industry to market using our technologies, such as Microsoft Azure.

”” data-reactid=”16″>Luke Thomas, Head of Banking U.S.

Financial Services at Microsoft, added, “Collaborations with fintech companies are an exciting and growing segment for Microsoft as they are helping the entire financial services industry transform. With our industry expertise in regulated markets, working with companies like Autobooks, we will collectively bring new capabilities for the financial services industry to market using our technologies, such as Microsoft Azure.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.

8em)–sm” type=”text” content=”The Small Business Administration reports there are more than 30 million registered small businesses in the United States. That number is expected to grow 10x as more people look to augment their income in the gig-economy, from baby-boomers retiring to part time consulting gigs, to freelancers starting a photography business.

With Autobooks, financial institutions can provide these businesses with the tools they need to improve cash flow and gain access to working capital, better positioning business owners for success, strengthening their local economies, and having a social impact on the communities they serve.” data-reactid=”17″>The Small Business Administration reports there are more than 30 million registered small businesses in the United States.

That number is expected to grow 10x as more people look to augment their income in the gig-economy, from baby-boomers retiring to part time consulting gigs, to freelancers starting a photography business. With Autobooks, financial institutions can provide these businesses with the tools they need to improve cash flow and gain access to working capital, better positioning business owners for success, strengthening their local economies, and having a social impact on the communities they serve.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.

8em)–sm” type=”text” content=”By using Autobooks solution built on Azure, financial institutions can access a digital business banking suite to strengthen and build customer relationships; leading with services instead of interest rates, to attract and retain customers. Autobooks helps financial institutions drive adoption of small businesses, which accelerates deposit growth, service-fee income and business lending.

” data-reactid=”18″>By using Autobooks solution built on Azure, financial institutions can access a digital business banking suite to strengthen and build customer relationships; leading with services instead of interest rates, to attract and retain customers. Autobooks helps financial institutions drive adoption of small businesses, which accelerates deposit growth, service-fee income and business lending.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.

8em)–sm” type=”text” content=”bAbout Autobooks/b” data-reactid=”19″>About Autobooks

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.

8em)–sm” type=”text” content=”Detroit-based Autobooks is a provider of small business banking solutions that integrate within a financial institution’s existing digital experience. Through Autobooks, banks and credit unions can become a digital destination for small business owners, helping build stronger relationships, grow deposits and identify opportunities to increase fee income.

” data-reactid=”20″>Detroit-based Autobooks is a provider of small business banking solutions that integrate within a financial institution’s existing digital experience. Through Autobooks, banks and credit unions can become a digital destination for small business owners, helping build stronger relationships, grow deposits and identify opportunities to increase fee income.

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8em)–sm” type=”text” content=”Please visit a href=https://cts.businesswire.

com/ct/CT?id=smartlinkamp;url=https%3A%2F%2Fwww.autobooks.

co%2F%3Futm_source%3Dpr%26utm_medium%3Dweb%26utm_campaign%3Dmicrosoftamp;esheet=52078276amp;newsitemid=20190813005471amp;lan=en-USamp;anchor=www.autobooks.

coamp;index=1amp;md5=c96130b9695245ba2a600a2436259f94 shape=rect rel=nofollow noopener target=_blankwww.autobooks.

co/a to learn more.” data-reactid=”21″>Please visit www.

autobooks.co to learn more.

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