Technology Category
- Platform as a Service (PaaS) - Application Development Platforms
- Sensors - Liquid Detection Sensors
Applicable Industries
- Buildings
- Cement
Use Cases
- Building Automation & Control
- Inventory Management
About The Customer
Cashflo's primary customers are freelancers who need an easy-to-use invoicing and cash flow management tool. These freelancers may find traditional accounting apps too complex or filled with unnecessary features. They are looking for a tool that can help them manage their invoices, remind their clients to pay unpaid invoices, and predict their cash flow. They also need a tool that can help them secure new work before their existing contracts expire. Cashflo's customers appreciate the simplicity and affordability of the app, and many early adopters have shared extremely positive feedback.
The Challenge
Freelancers often struggle with managing their invoices and finances. Most invoicing tools are part of larger accounting apps, which can be complex and filled with unnecessary features. Additionally, these tools often do not provide the necessary insights into billing behavior and cycle times, which can lead to income dips when existing contracts expire. Cashflo co-founders, Brian Feldkamp and Greg Keegan, identified this problem and sought to provide a solution that was both affordable and easy to use for freelancers. They also wanted to create a tool that could help freelancers predict their weekly, monthly, and yearly cash flow, allowing them to secure new work before their existing contracts expire.
The Solution
Cashflo is a no-code app built on Bubble that provides freelancers with an easy-to-use invoicing and cash flow management tool. The app allows users to create and send one-time and recurring invoices to clients in a matter of minutes. It also has a 'fast cash' feature that allows users to send personalized and branded payment request links instead of formal invoices. Users can create new client profiles, view their activity in a simple dashboard, and set simple revenue goals. The Cashflo Financial Assistant tracks users’ billing behavior and cycle times to help them avoid income dips. The app was built by non-technical founders using Bubble, a no-code platform, and was taken from idea to prototype in just one month.
Operational Impact
Quantitative Benefit
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