The platform, using business data and BNZ’s core banking information will enable small and medium businesses to access dashboard with a comprehensive view of their performance.
The tracking tool designed for SMEs allows users to connect their cloud software, 9 Spokes said, as well as allowing access to a number of other apps to suit their industry.
"By connecting relevant apps within the 9 Spokes platform, our SME customers will be gaining meaningful insights that will help them run their businesses more effectively; be it accounting, inventory management, payroll or digital marketing apps like LinkedIn or Google Anayltics,” Karna Luke, general manager, SME at BNZ, said.
“BNZ has fully integrated its bank data into the platform, enabling businesses to gain deeper insights into cash flow management. The service is available not only to all of BNZ's SME customers, but any business in New Zealand can join the platform for free."
The platform provider saw a 19 per cent increase in users over the last quarter, with 60 per cent of the user base being delivered through banking partners.
It is also in discussions with Visa, with the two having signed a global collaboration agreement and looking at mutual areas of interest.
Adrian Grant, co-founder and chief executive of 9 Spokes, said, “To now see the dashboard launched in our home market is a pivotal moment for 9 Spokes and all our employees in New Zealand.
“The market launch of the BNZ service underscores the gains we have continued to make in efficiently and seamlessly integrating the small business platform into the customer journeys of leading banks around the world.”
Sarah Simpkins is a journalist at Momentum Media, reporting primarily on banking, financial services and wealth.
Prior to joining the team in 2018, Sarah worked in trade media and produced stories for a current affairs program on community radio.
Sarah has a dual bachelor's degree in science and journalism from the University of Queensland.
Comments powered by CComment