Rainy Day | Streamlining Financial Planning for Small Businesses

Small businesses have been one of the biggest casualties of the COVID19 pandemic in America- in fact, 41.3% have temporarily closed as a result. But in a world filled with data and forecasting technology, there’s no reason that they shouldn’t have an idea of the impact of a disaster ahead of time and be able to plan accordingly.

After interviewing small business owners, we found that simple, user-friendly, and streamlined accounting and financial planning software was one of the most important tools owners lacked. Financial literacy and planning is currently one of the most convoluted and unnecessarily difficult processes owners spend their precious time and energy on.

After compiling a list of features that would be helpful to business owners, we set out to build software that would empower them to expedite their work flow and focus on what’s important: growing their business and serving their customers while being able to predict and account for potentially catastrophic events such as the COVID19 pandemic. We used the Finastra API in order to create a centralized app that would allow small business owners to connect their banking information to RainyDay to allow for a streamlined workflow as well as personalized predictions.

Видео Rainy Day | Streamlining Financial Planning for Small Businesses канала Devin Mui