When it comes to business banking, there's a multitude of options out there, but are any of them actually delivering what businesses want and need right now?
According to the Federation of Small Businesses, of the 5.4 million businesses nationwide, 99.9 percent are small and medium-sized enterprises (SMEs.) They employ around 60 percent of the UK workforce and generate roughly half of all private sector turnover, yet it turns out that one third of business customers are unhappy with the services that their bank provides. Complaints of high fees and a lack of innovation within business banking reign supreme - but all that was about to change.
Enter Revolut Business - from day one, we gave our users access to foreign currency exchange using the Interbank Rate, all managed through a beautifully crafted online banking portal. We've also added a fully customizable Open API and introduced Revolut Connect as the 'app store' for business banking.
Put all these things together and you'll get a sense of how we've managed to help businesses save over $20m in fees in just over a year since we launched. 💸
But today, we're super excited to tell you about how you can link your Revolut Business accounts with virtually thousands of the most popular tools and apps out there - all thanks to our latest integration with Zapier!
So what is Zapier? 🤷🏻♀️
Some of you might already be avid Zapier fans, but if you're not familiar with it, Zapier is an online platform that allows you to connect thousands of apps you use every day to automate tasks, streamline your workflow and ultimately save time.
You can set up simple actions which will move information between your web apps automatically. So whatever apps you use to help your business function, our integration with Zapier now enables you to combine your Revolut Business accounts with your apps of choice. The automation options are endless, allowing you to create the bespoke solutions that will help to make your business run smoother. By allowing the 'bots' to take care of the small things that take up your time, you can concentrate on the bigger things that matter most.
Sounds great, but how does it work? 🤓
One of the best things about using Zapier is just how easy it is to set up. Instead of going through the traditional API route and building your own integrations, our Zapier integration allows you to connect the apps you use most, without the need for any coding experience whatsoever!
Once your Revolut Business account is up and running all you need is a Zapier account, and you can start connecting your business accounts to the thousands of apps supported by Zapier instantly. Set up the integrations to suit you and control the notification rules so that they work for your business. You set the rules and you can update them at anytime. It's really that simple.
Ok, but why do I need it? 🤔
The short answer is that it makes your life easier. Instead of spending precious time logging entries in your spreadsheet, then copying those over to another app that you use, the Zapier integration automates a multitude of tasks.
You can now move the information you need directly between apps, without the need for you doing anything at all. Which means, wherever you are and whatever you're doing - the computers will be working around the clock to keep everything updated. You can set-up the processes you want to automate, which means you'll be able to get more done quicker, as you'll let the 'zaps' take care of any action you need. The best part is, you just point, click and automate - you don't need a developer to help you.
So if you're ready to start offloading the tasks you secretly hate, or those that just take up too much time - our integration with Zapier is going to be a game changer.