Coconut and PrePay Solutions Launch Accounting and Invoicing Solution

PrePay Solutions (PPS) has enabled functionality for Coconut to launch a limited company accounting and invoicing product. The tool automates taxation and bookkeeping calculations, as well as providing invoicing services. The product supports those that are self-employed, freelancers, or operate an owner-managed business to gain visibility and control over their company finances.

The move comes as Coconut identified the demand from its existing customers to be able to manage all business finances from one app. The company has seen 5,000 limited companies pre-register for the product, highlighting the demand for faster, mobile accountancy solutions in even the smallest businesses.