MONTREAL, Jan. 15, 2018 /CNW Telbec/ - Canadian business owners are getting exclusive access to an online budgeting and financial forecasting tool thanks to a new partnership between BDC and BUDGETO.
Entrepreneurs will have access to a free six-month licence of BUDGETO's easy-to-use tool that allows start-ups or existing businesses to quickly create 3-year financial forecasts. BDC's customers will also be able to share their budget online with all BDC representatives across Canada to explore BDC's financing solutions.
"BDC is always looking for new ways to help entrepreneurs improve their ability to manage their business and address the challenges they face day to day," says Michel Bergeron, BDC's Senior Vice President, Marketing and Public Affairs. "While a lot of content and tools are available for free on BDC.ca, we had no free online tools aimed at improving an entrepreneur's financial planning. Our partnership with BUDGETO fills that gap very nicely."
"We are excited to work with BDC to provide Canadian entrepreneurs with an easy-to-use budgeting and financial forecasting web application which they can use even without any financial knowledge," says Marc Alloul, co-founder and President of BUDGETO. "Start-ups and established companies can use our platform to quickly validate a business project, manage cash flow and leverage insights and reports to help them obtain financing."
The bilingual tool is confidential, easily shared and accessible remotely on the cloud, with all data stored in Canada.
Canadian entrepreneurs can access their free six-month licence of BUDGETO through a new BDC/BUDGETO landing page.
BDC is the only bank devoted exclusively to entrepreneurs. It promotes Canadian entrepreneurship with a focus on small and medium-sized businesses. With its 118 business centers from coast to coast, BDC provides businesses in all industries with financing and advisory services. Its investment arm, BDC Capital, offers equity, venture capital and flexible growth and transition capital solutions. BDC is also the first financial institution in Canada to receive B Corp certification. To find out more, visit bdc.ca.
BUDGETO is the first easy-to-use, affordable and reliable online budgeting tool designed specifically for small and medium-sized businesses. Thanks to its fully automated interface, BUDGETO makes it possible to prepare, share and work multi-scenario business budgets without any accounting knowledge. BUDGETO has a clear mission: to promote and encourage entrepreneurship by developing and bring to market innovative financial and accounting tools. To find out more, visit budgeto.com.
SOURCE Business Development Bank of Canada
For further information: Flavie Côté, Senior Advisor, Media Relations, BDC, [email protected], 1-844-625-8321