Running your own small business is no small task. From offering a quality product or service, staying on top of inventory, hiring the right people, and more, there are a plethora of factors that play into the success or failure of your company.

Arguably the most important aspect of a small business is the managing of your finances. This important detail typically can’t be handled by one single person, which is why we have gathered 10 of the best tools to help organize and manage the finances for your growing business.

1) InDinero

When you are running your own small business, keeping track of your finances is arguably the most important aspect of the company, which is why a tool such as inDinero is so valuable. By providing you with a full finance and accounting team, this outstanding tool helps you maintain your financial accounts, keep your books managed, and even aids in your tax filing. All these resources together help relieve the stress off of your so you can focus on continuing to innovate and be successful.

2) Chargify

In a company that handles a variety of loyal customers, recurring billing is one of the most crucial aspects to help your cash flow rolling smoothly. Managing your subscriptions can be a taxing job, which is why Chargify helps to handle it for you. From providing you with subscription information and analytics, welcoming your customers with flawless emails, and maintaining a healthy customer relationship, Chargify helps take your company to the next level.

3) Expensify

No matter what kind of business you are running, you are going to have expenses, and how you track these expenses can make the difference between succeeding and failing in the long run. Keeping track of expenses properly and staying organized can be a tough task for anyone, which is where Expensify helps. From keeping receipts digital, approving expenses, and combining cash and card expenses, Expensify keeps everything together and in an easily navigable format.

4) FreshBooks

Keeping track of the finances and everyday accounting of your small business is no small task, which is why you need a high-quality service to help you stay organized and on top of the everything. FreshBooks is one of the best all-around tools available today, taking care of everything your business needs in order to run smoothly including invoicing, expense reports, time tracking, payment, and more.

5) InvoiceHome

So you have convinced a client on your product and made the sale for your tool or service. Congratulations! This isn’t the end of the line, however, as keeping track of your finances and payments is essential to the long-term success of your company. InvoiceHome.com provides you with a plethora of spectacular templates to choose from when billing your clients. With the ability to fully customize and create professional invoices, your company can stay organized and professional with ease.

6) LivePlan

The financial structure of your company is constantly changing and keeping track of everything accurately and in real time is essential to your overall success. With LivePlan, you have the ability forecast your future revenue, see what services and products are currently trending, and properly prepare and manage your cash flow for the foreseeable future. Need to pitch to investors, bankers, and other important financial figures? LivePlan keeps everything crisp, clean, and presentable.

7) Float

As a growing business, properly preparing, managing, and forecasting your cash flow is essential to make sure you are making steady revenue and profit margins. Float provides you with magnificent accounting software to help better create and track your cash flow analytics, integrating with essential tools such as Xero and QuickBooks. With Float, you can see exactly what your money is doing, where it is going, and what your potential projections can look like over the coming months.

8) Wave

Nothing stresses out small business owners more quite like managing the finances for their company. From accounting, invoices, payment, payroll, expense receipts and more, it seems as if there a million different things to stay on top of and manage for your business. Wave provides you with tools and resources to handle each one of these aspects and more in a clean and organized way. With cloud-based, integrated software, you can keep all your essential information close by and in an organized space so you can properly track your finances and be more successful.

9) Mint

Whether you are running a small company of a few employees or are a one man/woman show, budgeting is one of the most important aspects of your company’s financial structure. In the world of budgeting, Mint is one of the best all around apps available today. Analyzing all of your important financial data and seeing where it goes, Mint helps you track all of your money down to the last cent so you can better plan and navigate your financial structure.

10) BodeTree

Your company constantly has financing coming and going in and out of it, so keeping track of your money in real time is even more important than ever. Syncing directly and securely, BodeTree helps you manage each one of your small business financial goals and tracks everything accurately and to the number in real time. See where your money is going, what trends are happening, and how you can adjust to manage your finances better and reach your goals faster.

 

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Comment by Harry on November 10, 2016 at 2:16am

I found a lot of interesting finance tool, but some listed tools aren't familiar. Here, I would like to add one more tool, take a look at Apptivo. It is a cloud-based software suitable for small and medium scale business. Some features are recurring invoices/billing, record payments, accounting rules, fully customization, expense tracking and more. If possible try to add it in your interesting list.

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