American Express debuts cash flow management hub

American Express Business Blueprint™ is a new digital cash-flow management hub designed exclusively for small businesses, featuring free cash flow insights, digital financial products, and an easy way to reach and manage American Express Business Cards. (Graphic: Business Wire)

American Express Business Blueprint™ is a new digital cash-flow management hub designed exclusively for small businesses, featuring free cash flow insights, digital financial products, and an easy way to reach and manage American Express Business Cards. (Graphic: Business Wire)

Business Blueprint builds on the Kabbage platform, which was acquired in 2020, as part of American Express’ strategy to expand its small business offerings beyond its leading Business Cards. Any U.S. small business may access, for free, personalized cash flow insights to help them make financial decisions more confidently. Small businesses may also access applications for select financial products, like a business line of credit, and use the products, if approved, to help them more efficiently manage their cash flow from the Business Blueprint hub.1

“Business Blueprint marks a critical next step in American Express's vision of becoming a digital one-stop shop for small businesses’ financial needs, whether to manage their cash flow, make payments, get paid, or access working capital,” said Anna Marrs, Group President of Global Commercial Services and Credit & Fraud Risk at American Express. “Kabbage is now fully integrated into the suite of American Express business products, providing business owners a wide range of digital financial solutions to help them manage their finances efficiently and confidently.”

American Express has a long track record of supporting small businesses through innovative products and services to meet our customers’ ever-changing needs, from being the number one Business Card issuer in the U.S.2 to a leading financial services provider for businesses of all sizes globally.

According to a new American Express survey, polling 1,100 small businesses, 82% of respondents said a cash flow management hub would save them time to run their business, leading to improved efficiency (72%) and profitability (50%).3 American Express Business Blueprint™ is designed to pair products with the daily tasks small business owners engage in to help them manage their cash flow, from taking a loan, to paying bills and vendors, sending wires, checking their account balances, making mobile check deposits, accepting card payments and more.

“My perception of American Express has greatly expanded from a card company to a true partner that offers products that help me with the tasks needed to run my business,” said Julie Matzen, an American Express customer and CEO of Team MayDay, a digital advertising agency. “With American Express Business Blueprint, I save so much time from having to log in to different products and tools, but instead can access my American Express Business Cards, line of credit, and data from one place.”

An embedded feature within American Express Business Blueprint™ is My Insights, a free cash flow analytics solution, providing small businesses personalized, 24/7 data analysis of many of their American Express business products4—including their American Express Business Cards—and linked external business-bank accounts. My Insights will automatically aggregate the data across these products and linked accounts to show:

Money-in and money-out cash flow analyses
Expense trends and detailed spending per account
Up to two-years of historical transactional data
30-day cash-balance projections5
Expense alerts, notifying customers of increased spend

“Historically, small businesses have been underserved when it comes to smart, simple financial management tools. No longer. A few financial institutions are reinventing small business banking and delivering needed tools. American Express Business Blueprint is raising the bar in helping small businesses manage their cash flow from one place,” said Alenka Grealish, Principal Analyst, Emerging Tech at Celent.

Also, from American Express Business Blueprint™ small businesses can learn about and then, if eligible, apply for select digital products, including1:

American Express® Business Line of Credit for flexible business loans.
American Express® Business Checking * for a digital business checking account with a 1.30% APY on balances up to $500,000, and the ability to earn Membership Rewards® points.6
American Express® Payment Accept 7 for accepting all major card payments from customers online.

American Express customers can reach their American Express Business Card accounts from their Business Blueprint dashboard to make payments and view and redeem Membership Rewards points®. Plus, they can enjoy access to American Express’s world-class customer service and support, always a call or click away.