Over 85% of small business clients of Bank of America have lately started making use of digital channels, which has contributed to nearly 300% surge in their digital sales over pre-2020 levels. Furthermore, these small businesses have also started depending on digital programs in a bid to exercise better control over their finances. Meanwhile, more and more small business owners are increasingly turning to digital solutions with the aim of managing and growing their businesses. For instance, the suite of financial management tools provided by BOA has also been contributing to the growth of these small businesses.
