July 31, 2024

July Product Update

In this blog, we cover all the exciting product updates that have been made to the Duplo software in July 2024.

Seamless Fund Transfers Between Business.

Introduction:

Managing finances across multiple businesses can often be a complex and time-consuming task. Whether handling payments within your network of companies or collaborating with partners, a streamlined process is crucial. With our new feature, you can now easily transfer funds from one Duplo business to another within the same merchants/company, ensuring that payments are quick, easy, and hassle-free.

The benefits of transferring funds between businesses are clear: efficiency, accuracy, convenience, security, and improved cash flow all contribute to a more effective financial management system

  1. Efficiency at Your Fingertips: Time is money, and our seamless transfer feature saves you both. By automating the fund transfer process, you can say goodbye to the tedious manual entries and complex reconciliation tasks. This means more time for strategic planning.
  2. Enhanced Accuracy: One of the biggest challenges in financial operations is ensuring that funds are sent to the correct accounts. This feature significantly reduces the risk of errors, providing you with confidence that your transactions are precise and reliable. No more worrying about misdirected payments!
  3. Convenience Redefined: Managing multiple businesses or partnerships can be daunting, but our intuitive interface makes it a breeze. You can easily select the businesses between which you want to transfer funds, input the necessary details, and initiate the transfer—all in just a few clicks.

How It Works:

Our seamless funds transfer feature is designed with user convenience in mind. Here’s how it works:

  1. Access Your Account: Log in to your Duplo account, locate the business tab, and click on business transfer.
  2. Select Businesses: Choose the businesses between which you want to transfer funds.
  3. Enter Transfer Details: Input the amount you wish to transfer along with any relevant notes or descriptions.
  4. Initiate Transfer: Confirm the details and initiate the transfer. The funds will be moved swiftly and securely between the selected businesses.

P.S. The transfer of funds between businesses is limited to businesses within the same merchant/company for now, we will unlock more use cases in the future.

Ready to experience the convenience of seamless payments between businesses? You can send a mail to sales@tryduplo.com or book a demo using this link

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July Product Update

In this blog, we cover all the exciting product updates that have been made to the Duplo software in July 2024.

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