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, ZEXPRWIRE, Karta.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.”
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.
ZEX PR Wire offers massive Press Release, News, Authored Articles, Editorial services, geared at generating massive exposure for your unique project, business, or concept.
ZEX PR WIRE is a premium press release distribution provides end-to- end solutions to produce, optimize and target content and then distribute and measure results. Combining the world's largest multi-channel, multi-cultural content distribution and optimization network with comprehensive workflow tools and platforms, ZEX PR WIRE serves tens of thousands of clients from offices in the Americas, Europe, Middle East, Africa and Asia-Pacific regions.
Disclaimer: ZEXPRWIRE is a newswire distribution network. Articles and other content published by ZEXPRWIRE are the legal responsibility of the author and ZEXPRWIRE accepts no liability for the content of such material. ZEXPRWIRE publishes content for informational purposes and makes no representations regarding, recommendation or invitation to engage in, any form of financial or investment activity, and does not endorse the content of any material published.
ZEX PR WIRE allows users to submit their press releases through our online platform. Once submitted, our team reviews the content for quality and relevance. Upon approval, the press release is distributed to our extensive network, including major news outlets, industry-specific publications, and online platforms.
You can streamline the distribution process while still benefiting from human oversight. This ensures that your press releases meet quality standards, increasing the likelihood of media coverage and enhancing your brand's visibility.
ZEX PR WIRE accepts a wide range of press releases, including product launches, company announcements, event promotions, new partnerships, industry insights, and more. However, we do not accept press releases containing offensive or illegal content. For more information on this please visit https://zexprwire.com/editorial-guidelines/
Pricing for using ZEX PR WIRE varies depending on the distribution package you choose. We offer different plans to suit various needs and budgets. For detailed pricing information, please visit https://pr.zexprwire.com/pricing
You can view the total number of site submissions, status for each submission (live/pending), hyperlinks for each live PR, details pertaining to your package and number of press releases remaining, and view count for each live PR through third-party tracker integrations. (You may change the content according to what we provide in analytics).
ZEX PR Wire operates between 10AM to 7PM IST. During these hours, press releases may be distributed immediately after editorial approval of the press release. Otherwise, it will be published the next day. Additionally, several publications might require more than one day to be completed.
It generally takes 24- 72 hrs to publish the press release and generate the report
Yes, ZEX PR WIRE allows you to schedule the distribution of your press release for a specific date and time. This feature enables you to plan your PR campaigns strategically and ensure that your news reaches the right audience at the right time.
If you have any further questions or need assistance, you can reach out to our customer support team through direct Whatsapp ,chat on the web or can write to us at [email protected]. We are available to help you with any queries or concerns you may have.