Since the start of the health crisis, freelancing has been on the rise. Flexibility in the organization of work, financial autonomy… This status has many advantages. However, freelancers can quickly feel overwhelmed when it comes to administration, especially since they have to manage both their personal and professional finances. To help them in this task, there are Palloan all-inclusive financial management SaaS platform.
Manage all your finances in just a few clicks
Launched at the end of January, Pallo can be downloaded from the App Store and Google Play. A beta version is available for the web. The platform powered by artificial intelligence (AI) allows you to have an overview of all your finances simply and quickly. It offers the possibility of transferring money from one account to another for free, whether personal or professional, and in just a few seconds. It is even possible to send or receive them from customers also using Pallo. The sum goes directly into the Wallet Pallo, which the user can transfer to one of his bank accounts. When an expense appears on the screen, all you need to do is swipe left or right for it to be categorized into one of the accounts.
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At the same time, the tool provides easily understandable statistics on the expenses incurred, both personal and professional. It is possible to get advice to better manage your finances and to target which elements cost the most: rent, professional equipment, loan…. Pallo suggests creating budgets and categorizing expenses to achieve savings.
On the professional side, the platform also offers the possibility of creating reminders to relaunch its customers, to enter the amount to be paid and to create the invoice in a few clicks. This allows you to know which invoices have been paid or not at a glance.
The tool comes with other features. One of them allows you to automatically track your mileage during business trips and request compensation from your client. It also offers to make its tax declarations in a few minutes and directly from the tool.
For the moment available only in the United States, the platform should soon arrive in Europe.