HitPay launches CFO Stack to simplify SME finance operations

HitPay has introduced a new 'CFO Stack' aimed at helping small business owners consolidate their financial operations. For retailers and operators, this means moving away from using five different apps to manage money. The platform integrates payment processing, expense management, and reporting into a single dashboard. This is particularly useful for businesses that need to track both incoming customer payments and outgoing business expenses in real-time. The initial rollout focuses on automating the boring parts of running a shop. It helps with bank reconciliations and provides a clearer picture of cash flow without needing a degree in accounting. While HitPay is currently focused on the Southeast Asian market, the launch reflects a global trend: payment processors are no longer just 'pipes' for moving money. They are becoming all-in-one operating systems for SMEs. If you are struggling with messy spreadsheets or high overhead costs for bookkeeping, this type of integrated stack is the direction the industry is heading. It allows you to spend less time on manual data entry and more time on high-level strategy and customer service.

Source: Finextra — Lending

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