How to Choose the Best Business Software Provider
There are several business software providers on the market. We will discuss the benefits and drawbacks of each and the top two in this article. These tools are useful in many ways. Here are a few that we find particularly helpful. We’ve personally used Xero and FreshBooks and recommend both for small businesses. They both offer great features, so read on to find out which one is best for you. Also, don’t forget to consider pricing!
Xero
When it comes to small businesses, Xero is an excellent choice. The software offers many benefits, including easy-to-understand financial reports and 24/7 premier-level customer support. It also boasts a Goldman Sachs-level security. Some of its unique features include a reconciliation tool that categorize transactions, employee time-tracking, and quick invoicing. However, it is not for every business.
In addition to accounting, Xero also offers invoicing, inventory management, project management, bill payment, and multicurrency options. Its dashboard is easy-to-navigate and customizable. The dashboard shows you current bank balances, bills to pay, and outstanding invoices. Xero also has an Account Watchlist, which shows areas in which you spend the most money. You can also view a list of your recent transactions or find upcoming bills.
Xero is affordable for small businesses. It comes with a variety of plans, including the Basic, Growing, and Enterprise plan. Each plan includes almost all features and supports unlimited users. Top-tier plans often include inventory management tools, expenses, project tracking, and multicurrency support. Additionally, you can add as many users as you need without any restrictions. The Growing plan also supports unlimited invoices and bank transactions.
Xero’s invoicing feature is easy-to-use and offers many nuances over competitors’. A quick glance at the invoice history shows when it was created, edited, and sent. You can also add a PDF file if necessary. The email will contain a link for your client to view the invoice. In addition, the system also helps you manage fixed assets and can print checks.
With so many features, Xero is the best business software company for many businesses. Inventory management is the best feature for a product-based business, since it allows you to keep track of the output. You can even create invoices in seconds without having to create any paper documents. You can also get help from an experienced advisor by calling 1-800-Accountant. There are more than 500 third-party apps that can connect to Xero, including iCal and Quickbooks.
FreshBooks
If you’re looking for a business software provider that helps you grow and maintain a smooth financial flow, FreshBooks is the right choice. FreshBooks’ features include customizable invoices and proposals, payment processing tools, and reliable invoice-to-payment functionality. Keeping track of payments is easy and FreshBooks will notify you when payments are overdue and keep you updated on remaining balances. You can set up and maintain client accounts for recurring billing, retainers, and e-signatures.
The Expense Tool lets you track expenses and assign due dates, and can even snap pictures of receipts and attach them to an item. This helps you keep track of expenses by client, and can also be used for budgeting purposes. FreshBooks also allows you to collaborate with contractors, business partners, and even your guests. With FreshBooks, all project information is in one place and you can keep everyone on track of expenses and schedules.
The pricing of FreshBooks varies by plan. Its basic plan is $7.50 per month, while its premium plan supports 500 billable clients. The premium plan costs $50 per month, or $45.49 if paid annually. However, it is worth noting that the FreshBooks trial is free. FreshBooks offers free trials for 30 days, so you can see if it’s right for you before making a decision.
Adding third-party integrations to FreshBooks allows you to integrate a variety of apps with the accounting software. FreshBooks’ Chrome extension allows you to easily synchronize time-tracking data from apps like Basecamp and Trello with FreshBooks. This allows you to bill your clients for their project hours and stay up to date on your finances. And, if you work with clients overseas, you can even send invoices in different currencies.
Customer service is a key benefit of FreshBooks. Customer support is available via phone, email, and webinars. The company takes customer satisfaction seriously, and employs employees who are assigned to customer service for a month after being hired. It also places a high priority on social media. Its presence on Facebook, Twitter, LinkedIn, Instagram, and Youtube are just a few examples. The company has a comprehensive blog.