We are often asked what tools are helpful to run my business or personal financial life more efficient and effective.
There are so many apps or technology tools out there to use, but here are some popular ones:
QuickBooks Online is a cloud based small business accounting software program businesses use to manage sales and expenses and keep track of daily transactions. You can use it to invoice customers, pay bills, generate reports for planning, tax filing, etc. QuickBooks Online Accounting app will make the life of every small business owner easier with the touch of your finger.
Zoom is a web-based video conferencing tool with a local, desktop client and a mobile app that allows users to meet online, with or without video. Zoom users can choose to record sessions, collaborate on projects, and share or annotate on one another’s screens, all with one easy-to-use platform. You do not have to have a Zoom account to attend a Zoom meeting. You will be prompted to download the software, once you have clicked on the link that you have been provided. You may also wish to create an account, but that is not required to participate in a Zoom meeting.
Bill.com is not accounting software, it is a cloud based, online business payments solution that is specifically developed to work with industry leading accounting software, including QuickBooks. Bill.com picks up where your current accounting software leaves off: streamlining your accounts payable process and making electronic payments via ACH (or EFT), and improving your accounts receivable process to accept business payments through domestic ACH, international wires in USD or local currency, virtual card, or check.
Fathom is a financial analysis and management reporting tool, designed to help users monitor trends, assess business performance, and identify opportunities for improvement. Integrations with QuickBooks, allowing users to import financial data directly from their accounting software.
Keeper is a password manager application and digital vault created by Keeper Security that stores website passwords, financial information and other sensitive documents using 256-bit AES encryption, zero-knowledge architecture and two-factor authentication for a mobile or desktop solution.
Integration is what takes Slack from a normal online instant messaging and collaboration system to a solution that enables you to centralize all your notifications, from sales to tech support, social media and more, into one searchable place where your team can discuss and take action on each. In Slack, work happens in channels. You can create channels based on teams, projects, or even office locations. Members of a workspace or org can join and leave channels as needed.
Receipt Bank is a platform used to manage the receipts, invoices, and other documents that businesses depend on to keep accurate, useful financial records. You can capture and upload your bills and receipts using the camera on your phone, email, PDF scans, or automatic fetching. After you’ve sent in a document, Receipt Bank’s automated extraction engine will read all of the key information and display it in an easily-manageable format, perfect for downloading or processing onwards to a connected accounting software. An image of the document and its associated data will be kept on file.
MileIQ automates mileage logging, creating an automatic, accurate record of the miles you drive. No more hit and miss mileage logs. Accurate records mean more mileage deductions for you and less stress all year long. Classification lets you to designate which drives are business and which are personal. When it comes to your mileage reimbursement, or claiming every mileage tax deduction, it’s as easy as swiping your finger across the screen.
ItsDeductible is an easy way to keep track of your donations and get back the maximum deductions you deserve for your charitable acts. It lists hundreds of items of clothing, furniture, tools, large and small appliances, and other household items. It gives a value for each item as either high quality or medium quality that you can use as a charitable contribution when you donate them to charities such as Goodwill, etc.