Business finance is probably the most common hurdle that small business partners are faced with. Managing the business' taxes, cash flow, payroll, and other aspects related to finance, can be daunting for owners who have administrative responsibilities to handle.
Finance innovation multiple segments that require a lot of time and focus. Technological innovations in the form of accounting software have helped many small business owners handle their finances well.
Here's a roundup of this year's most recommended accounting software, especially developed for small businesses:
10. Xero
This particular software allows for business owners to manage various types of financial data at home, in the office, and just about anywhere. The best part is, it is accessible on any device!
Xero also offers real-time currency exchange rates - a feature that works best for small businesses or startups that cater to international clients. Users can import banking transactions and other financial transactions made by using a credit card. Get to know more about the platform here .
9. Zoho Expense
Like Xero and other finance software, Zoho Expense offers a free trial period but users can upgrade anytime to the Premium Plan for unlimited data storage.
For added convenience, Zoho Expense allows users to take a photo of a receipt using a smartphone. The software will automatically create an expense entry out of the snap!
8. FreeAgent
This software was designed not just for small businesses but also for freelance workers who want to have a clear and detailed view of their financial statements. The system creates and tracks invoices to help the owner manage all finance-related operations.
FreeAgent can also be integrated with over a dozen apps and services. This makes for a more detailed account of all expenses, income, and transactions using external apps. Sign up for the free trial here.
7. QuickBooks Enterprise
Made for small business owners who want to categorize their transactions, QuickBooks Enterprise targets accuracy of statements as categorized by purchases, sales, expenses, and other business transactions.
Users who have experienced this accounting software testify of the platform's user-friendly interface that both beginners and tech-inclined business owners can easily adapt with.
Unlike the above mentioned software, Quickbooks Enterprise has larger storage for businesses under the finance sector, more numbers and statements are accounted for daily. Check out the free trial features here.
6. Zoho Invoice
Unlike other all-in-one accounting platforms, Zoho Invoice is offers an entirely new invoicing system that allows for scheduling prepared invoices and receipts to clients. The software also allows for segmenting contact lists.
Templates are also available so business owners have a more professional invoice to send to clients around the world. The platform uses various currencies so clients don't need to spend time with conversions. Find the free trial sign up page here.
5. Sage Business Cloud Accounting
A cloud-based system that allows for easy access to a business' financial statements, Sage Business Cloud Accounting is an owner's invoicing and accounting best friend. Unlike some finance platforms, this software can provide purchase and sales histories.
Sage is accessible through smartphones so small business bosses can view financial statements whenever and wherever. Check out the platform's features here .
4. Sage 50cloud
Patronized by over seven million business heads, CEOs, financial advisors, and finance experts around the world, Sage 50cloud takes pride in its key offers that attract small- and medium-sized businesses.
This accounting software provides invoice templates, checks, and other transaction receipts for users. Current users are confident of the security features this software provides for various business setups.
Know more about the software's 24/7 world finance updates, 50 accounting features, and affordable plans here .
3. QuickBooks Online
This platform is one of the top picks by small business owners due to its extremely user-friendly navigation. Even freelancers who don't have a background in finance can use it!
The features and interface are easy to understand and non-technical users can learn how to navigate through the software just by following simple guides. Click here to discover just how convenient and useful this inventory tracking and financial management platform is.
2. Wave Financial
Small businesses have fewer financial management needs compared to big companies and conglomerates. With Wave Financial, small business bosses who need basic and FREE financial management systems can get the assistance they need.
Wave offers zero-cost yet comprehensive accounting tools for SMBs around the world!
1. FreshBooks
It has the features that all other platforms have to offer, but has the highest satisfaction level among users due to its interface design and comprehensive management tools. Sign up for a Free trial today for a more in-depth and firsthand experience of this world-famous accounting software!
Finance isn't the easiest topic in business but it is the aspect that needs the most attention (at least for owners and administrative heads). Through accounting software that promises accurate records and data protection at its finest, small businesses can experience the top- Level financial assistance that multi-million companies receive every day.
