Are you running a small business and looking to manage the finances and payments to increase organizational productivity? You don’t need to worry at all.
Every business, either it’s a small shop or a large enterprise; involves wearing loads of hats at a time. As an entrepreneur, you can make your life a bit simpler and easier; all you need is to have some useful business apps!
These online business wallets and apps will allow owners to stay responsible and organized, no matter what the situation is. Just have a look!
If you’re on a business trip and want to make it less painful, then you badly need Expensify that helps you in tracking your expenses. You just need to connect your Expensify account with your debit or credit card, so the app adds it to the expense report directly.
If you don’t have time to do this; you can also take photos of your receipts with your phone, and Expensify will automatically pull out the related info. You can easily create an expenditure report in just a matter of seconds.
For team users, Expensify app charges you $5 a month and for corporate users, it’ll cost $9 a month. For bigger corporations, let’s say businesses with more than 1000 employees, you’ll get more discounts. The application is compatible with all PCs and phones, including Android, BlackBerry, iPhone and Windows phone.
PayPal is a convenient platform that allows business owners to connect your debit, credit and other bank accounts with your PayPal account. You can accept PayPal and credit cards in-store and on your site with the PayPal’s standard plan, which is free.
On the other hand, PayPal’s Pro account costs $30 a month with additional features such as the capability to customize and host online checkout. For in-store and mobile payments, PayPal charges 2.7% on every swipe, for manually entered sales 3.5% + 15 cents and online payments and invoicing 2.9% + 30 cents.
Gusto, which was previously called Zenpayroll, helps you simplify your company’s whole tax and payroll processes. Gusto offers these features;
- Automatically reports new hires to the government
- Efficiently handles all local, state and federal tax filings
- Automatically deducts benefits and workers’ compensation payments
- Emails digital pay stubs to employees
The software charges the subscription price of $39. It’ll cost $6/month per employee, which means if you have 10 employees, you will have to pay $99 per month; $39 (subscription cost) + 10 (total number of employees) * 6 ($ per employee) = $99.
Gusto is presently serving more than 25,000 clients.
If you are running a small business or you’re a freelance worker, then FreshBooks app is for you! With FreshBooks, managing and tracking your company’s invoices becomes easy.
Other significant features include:
- Developing bespoke, professional-looking invoices
- Automatically sending bills to the clients for returning invoices
- Acceptance of credit/debit cards on cell phones
- Enables you to organize and track expenses from everywhere
- Developing tailored financial statements
For companies with five clients, FreshBooks will charge you $12.95/month. If you have 6-50 clients, it’ll charge $24.95/month, and if your company has more than 50 employees, it’ll cost you $39.95.
You’ll get a 30-day free trial before subscribing. FreshBooks is free to download on Android and iOS devices.
If you have a small business, or you’re an independent contractor or a sole proprietor with nine or fewer employees, then Wave might help you out! Wave is a user-friendly accounting software platform that lets you:
- Track your business sales and expenses efficiently.
- Manage customer payment and invoices.
- Pay employees.
- Scan receipts.
- Create accounting reports.
Moreover, you’ll get your hands on free personal software that will help your business and manage its finances simultaneously.
6. Apple Pay
Apple has launched Apple Pay, which can easily allow you to accept payments or make payments through your iPhone. It is a great tool for vendors to accept payments. Apple has recently accepted bitcoin apps and you can easily and effortlessly accept bitcoins with apps for Bitcoins for eCommerce transactions.
Featured photo credit: PAYG Apps via paygapps.com