Every year, the number of startup companies is increasing. And the numbers are more in developing companies as compared to acquired companies. No matter the company’s niche, each requires a strong foundation. As the companies grow, their economic significance for their country also grows. But even with this large number of startups coming up yearly, very few manage to keep their financial state balanced. Due to a lack of resources, they often lose track of their savings and credits.
Modern business owners have a lot of factors to worry about, such as accounting, salaries, keeping records of their accounts receivable, etc. However, technology has advanced so much throughout the years that even the most minor inconvenience has a perfect solution. Digital finance has become a game-changer in recent years as these financial platforms help users to manage payments and savings in the most convenient ways. What’s easier is that these digital finance platforms are available apps you can use on your mobile phones. With an excellent digital finance platform, entrepreneurs can easily manage their businesses and grow ahead of their competitors.
The fantastic features that these digital finance apps provide are the reason behind their rapid growth in the fintech market. Out of all the features, the most striking ones are
1. Voice assistance
You don’t need to use your hands anymore for these apps to function, as their voice assistance features perform all kinds of tasks with only your voice command. Even if voice assistance is a pervasive element for many technological platforms, it is relatively new in finance apps. Voice assistance is an emerging trend that every tech company keeps up with, and digital finance apps are no exception. You can also access your account receivable with voice assistance. The feature is so advanced that they can perform every crucial part, from managing your credit card to obtaining your financial information, with just your voice.
2. Security when signing in
Since we are talking about finance, security and safety are among the most important aspects to keep in mind. Many risk factors are associated with working online; when you handle your money digitally, you must be very careful with who can access it. But with recent updates, financing digitally has become less stressful and more convenient. Keep your account receivable safe with biometric authentication. The biometric authentication used by some apps is more secure than those that use passwords. Where passwords are easier to access by outsiders, biometric authentication is extremely hard to crack. An outsider will need your face or fingerprint access to your account.
3. Personalized account
Everyone feels special when they think something is made specifically for them. Something that you can personalize to your demands always draws your attention. And this has become an effective marketing strategy for many companies these days. Digital finance apps are using it to their advantage as well as you can personalize your business account however you like. The primary purpose of this feature is for you to feel comfortable using the app. You usually feel overwhelmed when you get bombarded with information you don’t need daily. Keep what you need at your fingertips and get rid of unnecessary things.
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