HoneyBook Unveils HoneyBook Finance, a Comprehensive Suite of Financial Tools to Boost Financial Confidence for Independent Businesses

HoneyBook Unveils HoneyBook Finance, a Comprehensive Suite of Financial Tools to Boost Financial Confidence for Independent Businesses

Press Contact:
Christina Taylor
Head of Communications
christina.taylor@honeybook.com
HoneyBook, Inc.

HoneyBook, the leading client relationship management (CRM) platform for independent businesses, today announced the launch of HoneyBook Finance, a comprehensive and integrated suite of financial tools designed to help entrepreneurs manage their money where they manage their business. The suite includes the HoneyBook business checking account¹, HoneyBook Visa business debit card, payments, and cashflow management and savings tools, empowering independent business owners to earn, spend, save, and monitor their finances all in one place.

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HoneyBook Finance includes the HoneyBook business checking account, HoneyBook Visa business debit card, payments, and cashflow management and savings tools, empowering independent business owners to earn, spend, save, and monitor their finances all in one place. (Graphic: Business Wire)

“With HoneyBook Finance, we’re not just giving independent business owners the tools to manage their money—we’re enhancing their financial confidence by offering an intuitive, comprehensive platform to gain visibility into their business health,” said Oz Alon, Co-Founder & CEO at HoneyBook. “We’ve tailored these tools and integrated them into our robust CRM to empower users with control, clear insights, quick access to funds, and automatic savings features, all while addressing the real challenges our members face in managing their finances.”

According to a recent HoneyBook survey², 46% of independent business owners expressed concerns about macroeconomic challenges, such as inflation, and managing a financial crisis—underscoring the financial uncertainty many face today. With HoneyBook's financial management tools, nearly 70% reported a significant boost in financial confidence, demonstrating that HoneyBook Finance effectively equips entrepreneurs with the resources and financial education to manage their business finances seamlessly without leaving their CRM platform. Key features of HoneyBook Finance include:

Faster Access to Funds: HoneyBook enables instant³ client payment deposits at no extra charge, ensuring immediate access to earned funds.
Automated Savings Buckets & Expense Tracking: Make purchases with the HoneyBook Visa business debit card, featuring real-time expense tracking, while automatically allocating a percentage of each client payment to designated savings categories, such as taxes, new equipment, or personal bonuses.
Comprehensive Financial Overview: Access a complete financial dashboard displaying revenue, expenses, and account balances, providing data-driven insights for better business planning and integrating with your other financial tools such as QuickBooks.

HoneyBook has processed over $11 billion in transactions, served 25 million clients, and supported over 7 million invoices for 100,000+ independent businesses. This expanded set of financial tools simplifies managing business finances, while addressing users' core needs for an intuitive financial management software that gives them a clear picture into their business health.

“Independent business owners wear many hats, and financial management is often the most daunting,” added Diana Wei Fang, Founder & Owner of The Finer Points. “HoneyBook Finance aims to address these challenges head-on by offering tools that not only make financial management easier but also help me scale my business with confidence.”

For more information on HoneyBook Finance, visit https://www.honeybook.com/lp/finance.

About HoneyBook

HoneyBook is the leading client relationship platform for independent, service-based businesses. It powers billions of client interactions through online lead nurture, communication, project management, booking, and financial tools that enable independent professionals to scale both themselves and their businesses. Founded in 2013, HoneyBook is a champion of the independent economy, trusted by over 100,000 independent business owners and supporting $11 billion in transactions on the platform. Learn more at HoneyBook.com.

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¹		HoneyBook is a software company, not a bank. Banking services are provided by Lincoln Savings Bank, Member FDIC. HoneyBook Visa Debit cards are issued by Lincoln Savings Bank, Member FDIC. HoneyBook is not FDIC insured. FDIC insurance only covers the failure of an insured bank.
²		Survey conducted in July 2024 of 255 HoneyBook Members.
³		Instant deposit only applies to client debit and credit card payments of $15,000 or less. Fund availability times may vary due to unforeseen factors. ACH payments are not eligible for instant deposit.