Recent studies show that the number of small businesses investing on software platforms is higher in response to Covid -19. 90% of businesses converted to digital in 2020; 77% say technology will be a core aspect moving forward. But some are still lagging behind to take their business to the next level due to their limited operating budgets, small staff, and poor knowledge about the software available for them. So here is a blog that can help you to clear all your doubts.
In this blog we have categorized software for business, small and medium, according to different needs. Read the blog and choose the best software for your small business and step on to a new digital world.
The Best Accounting Software for Small Businesses
As your business grows, the accounting needs will become more difficult to handle, and an accounting software or ERP is often needed. They help you record and track your finances, create financial reports, enter income and expenses, pay bills, send invoices and do many more. There are different accounting software available in the market with different specifications and you’ll have to choose one based upon the type of your industry, requirements and budget.
1. Quickbooks software
Quickbooks is one of the top accounting software available in the market that is designed for small and medium businesses. With quickbooks you can organize and manage your expenses, send invoices, track inventory, and manage payroll in an easy to use interface.
Features
- Accounts payable, receivable
- Asset management and tracking
- Receipt scanning
- Billing portal
- Customized financial reports
- Track miles
- Billing and Invoicing
2. Xero
Xero is a user-friendly cloud based accounting for small businesses that is easy to set up. It is available on Android and iPhone apps. This accounting tool has a multi-user feature that lets you collaborate with team members , accountants and employees.
Features
- Accounts payable
- Accounts receivable
- Create expense claims
- Billing and Invoicing
- Fast bank reconciliation and integration with your financial institution and over 800 add-on apps including HubSpot and Square
- Financial reports
- Business data protected
- Cash management
- Multi user
3. Freshbooks
Freshbooks is one of the best accounting apps which is an accounting software as well as an invoice tool. It can be accessed via Android and iPhone apps. Freshbooks accounting software offers robust features with a very easy to use interface at an affordable price.
Features:
- Accounting
- Account receivables
- Billing and invoicing software
- Billing portal
- Payment reminders
- Recurring invoices with customizable options including due dates and discounts
- Online payments
- Automatic tax calculations for sales tax
- Calendar management and time tracking
- Integration with other products including GSuite and Gusto
Best Invoicing Software
Invoices are one of the essential elements in a business, small or large. For small businesses there are a number of invoice generators that help you create professional invoices and keep track of the transactions in your business
1. Zenys
Zenys Online invoice generator is one of the best invoicing software for small businesses. It is completely free and easy to use and understand. Users can create invoices online without having to sign up, and their basic plan is “free forever”. This invoice generator is primarily for GST invoices. There is a wide variety of GST bill formats and GST templates to choose from, in Zenys. If you sign up for the software you can avail features of the business management tool and access online payment and payment tracking features as well.
Features:
- Professional GST invoice formats and invoice templates
- Support for Multiple bill formats/templates
- Professional branded invoices
- Downloadable pdf invoices
- Inbuilt professional quote maker and estimate generator
- Online payments
- Payment tracking
2. Invoice Ninja
Invoice Ninja is a completely open-source business invoicing software. Its free plan will allow the user to manage 5 customers and 4 invoice formats. Anything more will need a premium account.
Features:
- Client portal to manage invoices and payments
- Seamless integration with over 25 payment gateways
- Quote creator with quote approval and conversion
- Supports over 50 currencies and 25 languages
- Customizable Invoice design
3. Zoho Invoicing
Zoho Invoice creator is an invoice software from the same company which created and maintains Zoho Books. If your business uses Zoho products, Zoho invoice maker will be the perfect addition as an invoicing tool. It also works effortlessly with different applications like OneDrive, Google Drive, PayPal etc. The free plan allows up to 5 customers.
Features:
- Customizable Invoice templates
- Payment reminder alerts
- Supports multiple currencies and languages
- Invoice workflow automation
- Supports GST invoice formats
- Payment reminding alerts
Best Business Management Software For Small Businesses
For small business owners wearing many hats might feel daunting at a point. This is why business management software exists. It takes care of every part of your business leaving you more time to concentrate on your work. Business management tools for small businesses available in the market helps you in organizing and streamlining your business by providing basic features like project management, task management, sales and CRM, accounting and invoicing.
1. Zenys
Zenys is an all-in-one platform for small businesses that helps them manage their business starting right from getting customer inquiries to tracking payments and collections. For small businesses and freelancers this is the right tool to opt for as you don’t have to spend money on different tools to meet different needs as Zenys offers features to manage the whole administrative side of your business.
Features:
- Customer Managaement
- Free listing
- Lead generation
- Task Management
- Project/Sales Tracking
- Invoicing
- Payment Tracking
2. Honeybook
HoneyBook is a business management tool that helps small businesses manage their business for you to capture leads, manage projects, automate workflows, send contracts and invoices, and get paid.
Features:
- Online contracts
- Online invoices
- Proposal
- Online payments
- Automation
- Scheduling
Looking for the Right Software Tools for Your Small Business?
Zenys might be the right option for you. Why invest in multiple tools when you can manage your business from one platform? On Zenys everything is covered from getting your inquiries to tracking your total collections. Sign up right now.