Lloyds' new in-app invoicing tool wants to help UK small businesses cut their admin for good

• Lloyds launches new invoicing and payment collection tool
• Get Paid will give business customers a central location for invoicing and payments
• It will roll out later this year to UK business customers

Lloyds has launched a new tool designed to help its business banking customers spend less time on admin and more time actually running their business.

The new Get Paid invoicing and payment collection tool will look to support business customers with their payments admin within their existing Lloyds app and online banking platform.

Powered by Lloyds’ strategic partnership with BankiFi, the service will come at no additional cost and without the need to purchase separate invoicing or accountancy software.

Get Paid

“Businesses shouldn't have to pay extra for the tools they need to get paid," said Ruchir Rodrigues, BCB Client Strategy & Commercial Director at Lloyds.

"By building invoicing and payment collection directly into the Lloyds banking experience...

Copyright of this story solely belongs to www.techradar.com. To see the full text click HERE