Business promising easier bill payment secures Palaszczuk Government funding

Published: Comments:
Business & Economy Political Queensland Government Technology & Communications

This is an archived copy of an article. It is online for informational purposes only.

A Queensland business is promising to take their innovative bill payment platform to the next level with Palaszczuk Government backing from the Advance Queensland Ignite Ideas Fund.

Innovation Minister Leeanne Enoch said today (Tuesday) Noosa Heads business Promis Network’s automated bill payment platform could potentially benefit business operators statewide, nationally and globally.

“Promis Network has been working on the automated bill payment platform for over a year and have some customers already established on the Sunshine Coast. This Ignite Ideas funding will allow the business to take their idea to new markets,” Ms Enoch said.

Promis Network’s automated bill payment platform allows invoices to be sent directly into client accounting systems such as Xero, MYOB, Quickbooks and Reckon.

“Payments can be made with a single click, or fully automated with the suppliers' reconciliation is automated at the same time,” Ms Enoch said.

“Small business operators spend many hours every week on bookkeeping and bill payments. This will save everyone time and money and eliminate duplicated effort so operators can focus on getting back to business.”

Promis Network co-founder Cameron Lawrence said the bill payment platform will help improve cash flow for businesses by making it more convenient for their clients to pay them.

“Promis can be completely managed from a mobile app or our website. For cafe owners, this means they can operate without being tied down to a computer,” he said.

Co-founder Alexander Kohl said their immediate plan was to focus on marketing the business to the Sunshine Coast hospitality industry.

“We have already spoken with some of the most innovative food suppliers on the Sunshine Coast and they are keen to see this project succeed,” he said.

“As their invoices are enabled to flow through Promis, it is easy for cafe and restaurant owners to connect. It will mean administrative time is reduced substantially.

“The business owners can focus on creating more value for their clients and on creating a great business instead of being stuck in paperwork,” he said.

Promis Network received a $100,000 grant from the Advance Queensland Ignite Ideas Fund program, which is part of the Palaszczuk Government’s $420 million Advance Queensland initiative designed to develop new products and create jobs.

The government has so far supported more than 200 Queensland businesses through $26.5 million of Ignite Ideas funding over three rounds of the program’s merit-based assessment process – driving more than 1000 jobs.

For more information on the program and its recipients, visit the Advance Queensland Ignite Ideas Fund webpage.

Minister for Innovation, Science and the Digital Economy and Minister for Small Business
The Honourable Leeanne Enoch

Advance Queensland :
Queensland Government Department of Science, Information Technology and Innovation, Queensland Wide
13 74 68
Advance Queensland
Showing 4 recent articles for this business
Regions and industry winners in $50M Advance Queensland budget boost 12 June 2018 | Innovation is front and centre for the Palaszczuk Government’s economic strategy with a further $50 million investment in Advance Queensland to position Queensland as a world leader in artificial intelligence... More information...
Advance Queensland drives 11,000 new jobs 08 May 2018 | Innovation Minister Kate Jones has today revealed new figures that show the Palaszczuk Government’s Advance Queensland initiative has supported more than 2630 innovators around Queensland whose projects will... More information...
Palaszczuk Government funding gives athletes the edge 10 April 2018 | The Palaszczuk Government is throwing its support behind new pioneering technologies to give our athletes that extra edge on the football field and in the swimming pool. More information...
Advance Queensland program set to ignite ideas 27 March 2018 | Queensland startups and small businesses can apply for up to $250,000 funding to advance their innovative products and services under Round 4 of the Advance Queensland Ignite Ideas fund which opened for applica... More information...

comments powered by Disqus

All articles submitted by third parties or written by My Sunshine Coast come under our Disclaimer / Terms of Service