Cloudfloat announces the strategic acquisition of Incomee

Cloudfloat, a leader in providing seamless cashflow solutions for small and medium-sized enterprises (SMEs), have announced the acquisition of Incomee, an advanced Artificial Intelligence (AI) powered invoicing and business proposals tool. The acquisition aligns with Cloudfloat’s ongoing mission to enhance and simplify financial management for businesses, positioning the company to deliver a more comprehensive suite of financial solutions to its business customers.

The Vision Behind the Acquisition

Cloudfloat aspires to create a world where cashflow management is not just a necessity for small businesses but a powerful platform that propels businesses forward. The acquisition of Incomee represents a conscious step forward in Cloudfloat’s commitment to providing those mum and dad businesses with tools that not only meet but exceed their financial management needs. By integrating Incomee’s innovative invoicing technology with Cloudfloat’s established cashflow management platform, Cloudfloat are crafting a unified platform that will revolutionise how mum and dads manage their business finances instantly.

This strategic move is designed to deliver long-term tangible improvements to Cloudfloat users; providing an upgrade to their business toolkit and here’s how:

• Integrated Financial Management: Users will benefit from a unified platform that consolidates invoicing, business proposals, payments, and financial reporting into a single, easy-to-use dashboard. This integration will provide greater visibility and control over finances, enabling more informed decision-making.
• Cashflow at the Click of a Button: With just one click, users will be able to access cash flow solutions instantly. This feature ensures that businesses can bridge financial gaps quickly, maintaining operational momentum without the typical emotional stress associated with cashflow management.
• Streamlined Invoicing: Incomee’s automation technology will help businesses reduce manual errors, speed up invoicing processes, and shorten payment cycles, leading to improved cashflow and operational efficiency.
• Beautiful Business Proposals: Incomee’s platform includes features that allow businesses to create visually appealing, professional business proposals with ease. This not only enhances client communication but also improves the chances of securing new business by making a strong, polished impression with payments settled instantly.
• Ongoing Innovation: Cloudfloat is dedicated to continuous improvement. This acquisition will enhance the companies ability to innovate and deliver cutting-edge solutions that address the evolving challenges faced by SMEs (Small Medium Enterprises).

Impact on Customers

For both Cloudfloat and Incomee customers, this acquisition promises an enhanced experience with minimal disruption. Key aspects of the transition include:

• Seamless Transition: The integration has been planned carefully to ensure continuity of services. Users will retain access to all existing features, with new functionalities introduced gradually.
• Enhanced Cashflow Management: Faster invoice processing and more efficient payment cycles will help businesses maintain a healthier cashflow, providing the financial stability needed to pursue growth opportunities.

“This acquisition is an important milestone for Cloudfloat as we continue to expand our capabilities in financial technology. By integrating Incomee’s innovative invoicing solutions, we are enhancing our platform to better serve the needs of SMEs, helping them to manage their finances more effectively and efficiently,” said Aleem Habibullah, CEO of Cloudfloat.

Looking Forward

Cloudfloat remains focused on delivering exceptional value to its customers and partners. Users are encouraged to share their feedback and insights as the business continues to refine their offerings to meet the needs of the small business community.