ASB Bank has launched a new mobile app for small businesses that combines access to several popular online tools.
The bank says the first release of the app, 'Plus by ASB' is aimed at retailers and small to medium-sized businesses that use Xero alongside point of sale software Vend or the Shopify online store.
Plus is billed as a free, open platform that any business can use, regardless of who they bank with. It is presently available only for iOS.
ASB says the app reduces the time user spend switching between apps and also ‘talks’ to customers with daily insights on how their business is doing (eg in cashflow, sales or products).
“Business owners can also action administrative tasks straight from the app,” ASB says. “This might include approving an invoice or an employee's leave, or re-ordering supplies, while they wait for their morning coffee.”
Plus also uses Visa’s transaction controls capabilities that, according to Visa, “provide customisable, instant alerts that enable business owners to better manage their accounts.”
ASB said the app had been trialled by ASB Business Ventures, an online community for digitally-native SME owners who, over the past year, have tested and developed solutions to the challenges SMEs face.
The bank is promising that Plus will be available for a wider range of businesses and online business tools next year, but has given no indication when, or even if, an Android version will be introduced.