6 Apps To Help You Monitor And Manage Your Small Business’ Finances

Finances must be well managed if a small business will stand the chance of survival. From online software to mobile apps, here are six options for managing your business finances.

1. FreshBooks is an accounting application available online and on a mobile app that makes it possible to monitor cash flow, expenses, and invoices, among other finance-related tasks.

2. The Wave accounting app is excellent for small business owners who are just starting. It is available as an online-based platform and is one of the only genuinely free accounting software systems.

3. QuickBooks Online is touted as simple, powerful, and everywhere — many apps integrate with the QuickBooks software in some way. Depending on what version you are paying for, QuickBooks can do it all, from tax accounting to payroll, profit analysis, and inventory management.

4. Expensify plays a useful role in organising business finances. With it, you can scan receipts and process employee expenses whether you have an iPhone or Android smartphone. It can also integrate with Quickbooks and many other small business apps.

5.inDinero, in addition to helping small businesses with budgeting, prepares financial reports like profit and loss statements, statements of cash flows, and assists in financial forecasting. It is compatible with QuickBooks Online.

6. Zoho Invoice. If you’re looking to automate your invoicing workflows, you might want to consider this app. With the free version, you can invoice as many as five customers and automate five workflows. It also gives the option to customise and brand invoice templates, track expenses, and interact with customers through a client portal.