CommBank launches all-in-one small business app Vonto

By Tom Watson · · 2 min read
Fact Checked
Advertiser disclosure

Xero, Facebook, Google Analytics - there are plenty of tools and apps available to assist small businesses in tracking website traffic and audience figures, managing campaigns and keeping track of finances.

But what about a single app that parcels all that information together? 

That’s the promise of Vonto, a free app powered by the Commonwealth Bank, which aims to aggregate information from the likes of Facebook, Google Analytics, Shopify, Vend and Xero in order to “provide easy to understand and actionable insights” for small businesses. 

The app, which was launched on Tuesday, runs through a business’ data each morning and provides ten ‘key insights’ including things like cash flow, website traffic, social media engagement and product performance.

“More than 80 per cent of small businesses are using up to six business apps to run their operation, potentially meaning six logins to six different systems, every day, just to see the status quo,” said Vonto Managing Director, Elliot Cousins.

“Small business owners are time poor - for most business owners there aren’t enough hours in the day to double click on what their business data is telling them, let alone decipher this information and know what to do with it. That’s where Vonto comes in.”

Vonto was developed as part of X15 Ventures, a self-described ‘Australian technology venture building entity’ born of a partnership between the Commonwealth Bank, Microsoft and KPMG.   

While powered by Commbank, Vonto is free for download by any Australian small business, irrespective of who they bank with.

“We wanted to make sure Vonto was available to anyone in the small business community. Small business is the lifeblood of the Australian economy and we want to help as many of them as we can,” said Cousins. 

And according to Cousins, Vonto will continue to add to the list of external integrations available with the app.   

“We decided to launch with a selective number of integrations and are looking to our users to tell us what integrations they want in future releases,” he said. 

RELATED: Why 2020 could be the best year to take out a business loan

Interested in catching up with even more business articles? Head over to our business banking hub for the latest news, guides and information on everything from business loans and business credit cards to business bank accounts.

Compare business loans

Mozo may receive payment if you click products on our site. We don’t compare the entire market, but you can search our database of 85 products
Last updated 23 December 2024Important disclosures

Refine the list of business loans

Let’s help find you a great business loan...
  • About Lumi
    Unsecured Business Loan

    A straightforward business loan with no hidden Lumi fees or charges. Speedy application and approval process with fast access to funds according to Lumi.

    Interest Rate
    Upfront Fee
    Funding speed
    from 9%
    -
    Within same day
    Go to site
    Details
  • About Prospa
    Prospa Plus Business Loan

    Prospa uses risk-based pricing to determine your interest rate. They look at factors including your industry, years in business, cash flow, creditworthiness and the overall financial health of your business.

    Interest Rate
    Upfront Fee
    Funding speed
    Interest rates vary based on risk.
    3.5%
    from 24 hours
    Go to site
    Details
  • About Bizcap
    Unsecured Business Loan

    Business Loans from $5,000 to $5,000,000 with high approval rates. Access to funds on loans up to $500,000 in as little as 3 hours. Cash flow friendly repayments and open minded offers.

    Interest Rate
    Upfront Fee
    Funding speed
    On Application
    3%, starting at $399
    from 3 hours
    Go to site
    Details
  • About Westpac
    Fixed Rate Unsecured Business Loan

    Interest Rate
    Upfront Fee
    Funding speed
    -
    On application
    Varies
    Find out more
    Details
  • About NAB
    Business Overdraft

    Interest Rate
    Upfront Fee
    Funding speed
    10.47% p.a. variable
    Negotiable
    Varies
    Find out more
    Details

Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.

While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.