An innovative invoicing and accounting service powered by smart credit scoring data

An innovative invoicing and accounting service powered by smart credit scoring data

Domain
Fintech
Fintech
country
United Kingdom
8
Team involved

1 Business analyst

3 Fullstack Ruby Engineers

2 QA

1 Project Manager

1 Designer

Story

Project Activities

Back End
Back End
Business Analysis
Business Analysis
Front End
Front End
Management
Management
QA
QA
UX/UI design
UX/UI design

Technologies and Integrations

Ruby on rails
PostgreSQL

Solna is innovating the invoicing process, creating the first platform of its kind to be powered by credit scoring data. Solna speeds up the payment process for small business; saving them time, mitigating risk, and allowing them to plan ahead and take advantage of new revenue opportunities.

The system’s automated credit control functionality, automatically chases the user’s overdue invoices and frees up their time, enabling them to go and grow their business.

Customizable invoice templates


Service allows to create professional, personalized invoices, that fit the brand, in seconds. There is a choice of 5 beautiful invoice templates, or an option to create a customized template in less than a minute. It also offers following features:

  • Online payments - offers straight payments via Stripe.
  • Recurring invoicing provides the great benefit of convenience as user will only have to set up the invoice once.
  • Enhanced invoice tracking - user can see exactly who has viewed the invoice and when.
  • Solna’s auto fill functionality means that user doesn’t have to enter customers’ business details ( address, telephone #, etc) due to the integration with Companies House UK.
  • Downloading invoices in PDF.
  • Bulk import invoices to save time when dealing with many invoices


Payment reminders


Freelancers and small business have a lot to do in the day-to-day running of their business. Chasing invoices shouldn’t be one of those things. Solna automatically chase payments and lets entrepreneurs focus on the important stuff.

Useful  features:

  • Automatically sending payment reminders with every invoice
  • Choice of predefined templates or customized.
  • Creating a custom reminder schedule.
  • Grouping Reminders - set one reminder email for multiple outstanding invoices for certain clients.
  • Turning on reminders on a customer by customer basis (for ‘late paying’ customers) or for specific invoices that might be more at risk.

Solna is innovating the invoicing process, creating the first platform of its kind to be powered by credit scoring data. Solna speeds up the payment process for small business; saving them time, mitigating risk, and allowing them to plan ahead and take advantage of new revenue opportunities.

The system’s automated credit control functionality, automatically chases the user’s overdue invoices and frees up their time, enabling them to go and grow their business.

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