Karta.io Introduces a New Sub-Accounts Feature, Delivering an Advanced Money Flow Operation

Karta.io improves e-commerce finance management with a new way to divide assets. The sub-accounts feature allows businesses to keep operational and personal expenses separated and a better track of their cash flow.

Falls Church, Virginia , 6th December 2022, ZEXPRWIREKarta.io, a financial ecosystem for e-commerce businesses, announced today the largest feature launch of the past months: sub-accounts. Now, all Karta users can open multiple accounts for any purpose — operational expenses, savings and investments, and partners — to streamline money management, eliminate clutter, and forecast deeply.

Previously, Karta.io introduced Budgets to divide expenses by teams, projects, or ad campaigns when planning operational expenses. With this feature, business teams can create multiple virtual cards and get the role of a budget manager for each card. Now Karta is taking it one step further with advanced money flow management where not only operational expenses need to be divided, but also all business money with any goals. This feature is especially useful for e-commerce companies that are looking to grow their cash flow in operations by managing all their funds with a single dashboard.

“E-commerce businesses experience rapid growth and managing expenses becomes more difficult as cash flow increases. Smart separation is a tried-and-true tactic, especially during peak e-commerce seasons. You have all your financial information at your fingertips, including income, savings, and investments. It’s all about understanding how to move money in order to get more control over your assets”, says the CEO of Karta Nik Zimarkov.

This way, each sub-account has a separate balance, so every user can create budgets and make invoices to customers. It’s easy to set up one, ten, or more sub-accounts with a single click as well as transfer money between them. As a result, all expenses are neatly organized in their sub-accounts so that they never get lost in the high-pressure expense flow of the primary account.

By reaching full control of assets and separating financial goals, businesses can gain more control over the flow of their money, plan better for the future, and grow faster. For the US e-commerce market, this is especially vital as financial records have become increasingly challenging. According to eMarketer, the market is expected to reach $1.06 trillion in 2022 with a 16.1% growth rate. As cash flow grows, it is crucial to keep dividing daily purchases and subscriptions from partners or savings. Many e-commerce businesses still lose time on scattered money flow data, but Karta takes its step to make cash flow operations agile.

Karta CEO Nik Zimarkov notes, “This is a big step for us and a one-stop feature for any e-commerce business, because it puts us in total financial control and gives full flexibility. For e-commerce businesses, it’s vital to have a single place to reconcile all financial data, and sub-accounts are an essential strategy for “divide and conquer.”

About Karta.io

Karta.io offers an all-in-one platform for e-commerce businesses to understand, run and grow their business. We work to give e-commerce budget automation, easy-to-understand insights over working capital, business accounts, and unlimited virtual cards. With Karta.io, companies take financial control and eliminate manual work.

Media Contacts

Anna Nowak

[email protected]

https://karta.io

The Post Karta.io Introduces a New Sub-Accounts Feature, Delivering an Advanced Money Flow Operation appeared first on ZEX PR WIRE

Information contained on this page is provided by an independent third-party content provider. Binary News Network and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact [email protected]

News

Understanding and Treating Depression: Signs, Symptoms, and Options By Kays Counselling

Birmingham, UK, 8th January 2023, ZEXPRWIRE, Depression is a condition that can be devastating for both the person suffering from it and for the...

Clinic Director of Revolution New Medicine, Dr. Keith Nemec, Receives Certification in Fertility Treatment Through The American Academy of Anti-Aging Medicine

The American Academy of Anti-Aging Medicine is the most complete fertility treatment; addressing body, mind, brain and emotions.  Carol Stream, IL, 30th November 2023, ZEX...

Best New Metaverse and Web3 Crypto Project To Invest Now

CA, US, 14th June 2022, ZEXPRWIRE, The crypto market may be entering a new ‘crypto winter.’ But after every past bear market, cryptocurrencies have...

Shandong SENMO Machinery Co., Ltd Offers Highest Quality Equipments to Breweries and Microbreweries Worldwide

Shandong SENMO Machinery Co., Ltd, a reputed beer brewing equipment manufacturer and supplier in China, is catering to the equipment requirements of breweries and...

Vates Nearshore Celebrates 30 Years of Providing Top-Notch IT Solutions

The leading international software development company in Argentina provides businesses with reliable big data analytics, and modern IoT solutions & consulting services Cordoba, Argentina, 13th August...

Nanda and Associate Lawyers Has Divorce Lawyers In Brampton That Can Keep Sponsored Spouses Safe

The law firm boats an impressive team of divorce and immigration lawyers that understand the intricacies of Canada’s immigration and divorce laws.   Mississauga, ON,...