Hana Bank Provides Simple Business Settlement Management Service for Individual Entrepreneurs
Hana Bank announced on the 29th that it will offer Paywork’s ‘Simple Business Settlement Management Service,’ which assists in creating transaction documents such as estimates necessary for business, on ‘SajangnimON,’ Hana Bank’s exclusive platform for individual business owners.
Paywork is a startup selected for Hana Bank’s startup nurturing program, ‘Hana OneQ Agile Lab 15th cohort.’ It provides a business settlement management SaaS (Software as a Service) specialized for self-employed individuals with fewer than five employees in industries with frequent business trips and on-site work, such as interior design, retail, and manufacturing.
Through a business agreement with Paywork, Hana Bank offers customers using the ‘Simple Business Settlement Management Service’ on ‘SajangnimON’ a free service valued at 12,900 KRW per month, which includes 100 monthly tax invoice issuances, 150 transaction document KakaoTalk transmissions, and 10 email transmissions.
When using the service, users can create and edit a total of seven types of transaction documents on their mobile phones, including estimates, transaction statements, receipts, invoices, purchase orders, electronic tax invoices, and electronic cash receipts. Documents that gain legal effect through the recipient’s signature can also be exported as PDFs and sent via KakaoTalk or email.
Additionally, Paywork’s proprietary patented document conversion feature allows users to convert estimates into tax invoices with one click. The outstanding payment notification function also helps improve the chronic settlement delay issues faced by small business owners.
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Han Sangheon, Head of Corporate Business Division at Hana Bank, said, “Through this partnership with Paywork, Hana Bank is providing customized productivity services that offer practical help to sole proprietors and businesses with fewer than five employees. We will continue to support the business growth of Hana Bank customers going forward.”
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