Johann Oberholzer

Johann Oberholzer is the founder of Sole App. Sole app is fast becoming a must-have tool for Australia’s growing legion of small businesses and sole traders. The innovative and highly user-friendly accounting app is the first of its kind to be tailored exclusively to sole traders. Sole’s mission to empower Australian small business owners by simplifying financial management leaves them free to pursue the high-level tasks that would enable their business to thrive.

Johann Oberholzer is the founder of financial management app Sole. In this piece, he highlights how more needs to be done to recognise the contribution of sole traders to the Australian economy. About 97 per cent of businesses in Australia are small businesses and a significant portion of these are made up of freelancers and sole traders. Yet these types of businesses barely rate a mention in the ongoing political and economic conversation.

Traditional AI has already transformed mergers and acquisitions (M&A) by simplifying time-consuming tasks and facilitating decision making at key steps. AI can fast-track labor-intensive M&A processes before, during, and after a deal. While human expertise is still key to successful relationships and outcomes, AI has assisted in making smarter decisions by analyzing buyer sentiment or generating reports from massive data sets. Now, with the rise of generative AI, we're seeing an even bigger shift.