At Futrli, we know that having the right tools at your disposal is critical. The right financial management tools can help you save money while also ensuring that your company runs smoothly. We know how important a little help can be for (small) businesses. So, if you are a small business owner, we have compiled a list of (free) financial tools for business in Futrli's list of the top 5 business solutions for start-ups.
Top 5 financial management tools for (small) business?
1. Mint
Mint is one of the most popular and effective free financial management tools available. So, what does it do? In essence, it's a budget planner that lets you keep track of all of your finances in one place. Ideal to improve your business planning. The program gives users an overview of their budget, bills, expense tracking, and credit score, making it an excellent method to keep up-to-date. The advantages of using this free online business tool include the ability to create a budget, establish goals and reminders, and connect your data across applications and the internet. Furthermore, Mint has a portfolio and investment tracker that lets you keep track of all of your accounts. Perfect at helping (small) business owners stay up to date.
2. Personal Capital
Personal Capital is a fantastic free online business software that may be used to plan your retirement or tracking investments. There are several features to explore, including cash flow, budgeting, spending, and net worth analytics. It's an excellent method to manage your long-term financial planning, and with multiple layers of protection, your financial data is always safe and secure. Personal Capital's budgeting systems, however, aren't as robust as other start-up tools, so if you aren't an investor, this may not be the ideal business or financial management tool for your company.
3. GnuCash
The accounting software GnuCash, one of the best free online business tools, is perfect for handling double-entry bookkeeping, producing accounting reports, and scheduling transactions for small company accounting. GnuCash is also one of the finest payroll management solutions for new businesses.
4. Hubstaff
Hubstaff is the ideal start-up business tool to add to your arsenal if you want simple and accurate time-tracking. HubStaff allows you to keep track of an infinite number of programs, take automated screen captures (to prove that work is completed), and create complete online timesheets. Hubstaff also provides payroll solutions, which allow you to automate and send payments quickly and efficiently. It's one of the greatest tools for start-ups seeking to increase production, improve business planning and manage work in a more efficient manner. However, it's worth noting that Hubstaff isn't a free online business tool (aside from a 14-day demo period), so it is an investment for your company.
5. Zoho
Last but not least - there is Zoho. Zoho is one of the greatest software solutions for startups looking to manage their entire business from a single place. Company cards are one of Zoho's areas of strength. Integrating with many popular credit card companies, users can upload receipts, set per diem rates, and convert expenses to any currency. Zoho is a great accounting tool - however, it is not free, so investment should be considered carefully.
We at Futrli are here for you - chat to us about your (small) business and how we can help you grow with our forecasting software (we plug into your accounting software!).