MYOB integration with Butn invoice finance goes live

Butn has announced it has successfully completed the initial phase of its Partnership Agreement with MYOB, collaboratively customising and implementing the MYOB|Butn invoice finance product and commencing an initial roll out to MYOB Essential business users. 

Via the MYOB|Butn invoice finance product, businesses now have access to embedded, in-workflow, fully integrated invoice financing, assisting them in managing their cash flow and driving growth. The initial release will be followed by a broad roll-out to MYOB’s customer base.  

Through efficient and easy access to cash, in combination with the smart decision-making capabilities, MYOB and Butn have created a unique approach in addressing a core small business issue. Cash Flow is critical for small businesses, and this has never been more evident than it is now, as businesses navigate and trade through COVID-19, with invoice funding now available at the ‘click of a Butn’ within the MYOB platform. 

Butn’s Co-Founder and Co-CEO, Rael Ross said, “Access to transparent, fixed cost finance is vital for SMEs to fully participate in Australia’s rapidly changing economic landscape. We’re excited to go live with MYOB ahead of schedule, further strengthening our position as a B2B funder with leading technology and speed to market capabilities. Together MYOB and Butn will assist small businesses to unlock their working capital constraints and pursue growth”.