How much time can you save with Thriday?

August 28, 2024
4
minutes to read
by
Warren More
Table of Contents

As a business owner, time is your most valuable asset. The more time you have, the more you can focus on growing your business and achieving your goals. That's why it's essential to have tools to help you save time and streamline your business processes. One such tool is Thriday, a financial management platform that can help you save time in several ways.

Based on research conducted by Thriday, the platform can save business owners up to 5 hours a week. That's a significant amount of time that you can use to focus on other aspects of your business. So, how exactly does Thriday help you save time? Let's take a closer look at some of the platform's features. 

Banking

Thriday's online banking services make managing your business's finances easy. You can quickly and securely open a bank account*, transfer funds, pay bills, and access your account information from anywhere. This means you don't have to spend time visiting a physical bank branch or waiting on hold to speak with a customer service representative. 

With Thriday, you can also set up automatic payments and reminders, which can save you time and help you avoid late fees. You can create custom payment rules based on your business's unique needs, so you save time manually processing payments.

Accounting

Thriday's automated accounting software can streamline your financial record-keeping, making tracking your expenses, reconciling receipts, managing your budget, and generating financial reports easier. This means you don't have to spend hours manually entering data into spreadsheets or trying to make sense of complicated economic reports. 

Thriday's accounting software is far superior for small business owners than Xero and MYOB is, as you don't need to transfer data between different platforms and integrate third-party apps. This can save you time and reduce the risk of errors.

Tax 

Thriday's tax features can help you comply with tax laws and maximise your deductions. You can easily file your BAS online, view your tax estimate, and receive alerts when tax deadlines are approaching. This means you don't have to spend time researching tax laws or filling out complicated tax forms. 

Thriday's tax features also include various tools and resources to help you stay on top of your tax obligations. For example, you can access tax calculators, checklists, and guides to help you understand your tax obligations and maximise your deductions. 

Other Time-Saving Features 

In addition to the features mentioned above, Thriday offers several other time-saving tools and resources. For example, the platform's chatbot, ChatGPT, can help you automate financial admin tasks, such as sending invoices and managing receipts. This means you don't have to spend time manually processing paperwork or chasing down payments. 

Thriday also offers a range of educational resources, such as blog posts and webinars, to help you stay up-to-date with the latest financial management trends and best practices.

Time Saver Quiz

To find out how much time you could save by switching to Thriday, take this quick time saver quiz, and after answering a few questions the tool will estimate your total time saving.

Overall, Thriday can help you save a significant amount of time in several ways. Whether you're looking to streamline your banking, accounting, or tax processes, Thriday has the tools and resources to get the job done quickly and efficiently. By using Thriday, you can free up more time to focus on growing your business and achieving your goals.

DISCLAIMER: Team Thrive Pty Ltd ABN 15 637 676 496 (Thriday) is an authorised representative (No.1297601) of Regional Australia Bank ABN 21 087 650 360 AFSL 241167 (Regional Australia Bank). Regional Australia Bank is the issuer of the transaction account and debit card available through Thriday. Any information provided by Thriday is general in nature and does not take into account your personal situation. You should consider whether Thriday is appropriate for you. Team Thrive No 2 Pty Ltd ABN 26 677 263 606 (Thriday Accounting) is a Registered Tax Agent (No.26262416).

Why waste time on financial admin when Thriday can do it for you?

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