[UK] BT partners with Tide to help SMEs manage finances

Business financial platform Tide has partnered with BT to help UK SMEs save time and money when managing their business, The Fintech Times reports.

The new partnership means BT’s one million small business customers can now access Tide’s connected finance and admin solutions. These include the platform’s flagship features, such as invoice generation, Tide Accounting, payment and payroll services and expense cards.

The partnership comes as small businesses confront the rising cost of doing business while increasingly needing fast and efficient broadband and mobile connectivity.

In addition, more than 550,000 Tide members will reportedly be able to access discounts on selected EE phones, laptops, tablets and SIM-only deals from BT.

A recent survey conducted by BT revealed that 41 per cent of UK entrepreneurs now manage their business solely online. Around 73 per cent of respondents already running a business or side hustle stated that without reliable broadband and mobile connectivity, this would not be possible.

BT’s partnership network comprises organisations across a range of sectors, including retail, hospitality, banking, finance and membership bodies, to bring benefits to its smallest customers. It accompanies BT’s Skills for Tomorrow, a programme which has helped more than one million small businesses access free digital skills training.

Chris Sims - managing director of small and medium business at BT - said, “Small businesses are facing a lot of challenges at the moment, which are making it difficult for them to plan financially.

“Both BT and Tide are committed to helping small businesses navigate these challenges and maximise their potential, and unlocking discounts on BT’s best-in-class business broadband and Tide’s leading financial solutions is an important part of this.”

George Schmidt - SVP member accession marketing at Tide - said, “The addition of BT to Tide’s highly successful partnership programme is a perfect opportunity for our new and existing members to get precious time back via Tide’s business financial platform.

“Our integrated services mean small businesses can manage their banking, accounting, payroll and credit all from one place – their Tide account. This partnership strengthens this offering, helping small businesses at a time when they face ongoing cost pressures.”

Source: The Fintech Times

(Link and quotes via original reporting)

Business financial platform Tide has partnered with BT to help UK SMEs save time and money when managing their business, The Fintech Times reports.

The new partnership means BT’s one million small business customers can now access Tide’s connected finance and admin solutions. These include the platform’s flagship features, such as invoice generation, Tide Accounting, payment and payroll services and expense cards.

The partnership comes as small businesses confront the rising cost of doing business while increasingly needing fast and efficient broadband and mobile connectivity.

In addition, more than 550,000 Tide members will reportedly be able to access discounts on selected EE phones, laptops, tablets and SIM-only deals from BT.

A recent survey conducted by BT revealed that 41 per cent of UK entrepreneurs now manage their business solely online. Around 73 per cent of respondents already running a business or side hustle stated that without reliable broadband and mobile connectivity, this would not be possible.

BT’s partnership network comprises organisations across a range of sectors, including retail, hospitality, banking, finance and membership bodies, to bring benefits to its smallest customers. It accompanies BT’s Skills for Tomorrow, a programme which has helped more than one million small businesses access free digital skills training.

Chris Sims - managing director of small and medium business at BT - said, “Small businesses are facing a lot of challenges at the moment, which are making it difficult for them to plan financially.

“Both BT and Tide are committed to helping small businesses navigate these challenges and maximise their potential, and unlocking discounts on BT’s best-in-class business broadband and Tide’s leading financial solutions is an important part of this.”

George Schmidt - SVP member accession marketing at Tide - said, “The addition of BT to Tide’s highly successful partnership programme is a perfect opportunity for our new and existing members to get precious time back via Tide’s business financial platform.

“Our integrated services mean small businesses can manage their banking, accounting, payroll and credit all from one place – their Tide account. This partnership strengthens this offering, helping small businesses at a time when they face ongoing cost pressures.”

Source: The Fintech Times

(Link and quotes via original reporting)