Stretch Your Cloud Based Accounting Solution with Integrated Apps
If your cloud-based accounting application does everything you need it to, that’s great. But many small businesses need more tools and support in areas like inventory, time-tracking, and invoicing. As you grow, you may, too.
So today’s best online accounting solutions work with third-party developers to build integrated connections – or even specialized versions – for data-sharing. Many of them also create mobile apps so that you can access your most critical data and tasks remotely.
This is the direction that accounting is going. Thanks to cloud technology and the financial advisors who have been working with developers and small businesses for years, you can subscribe to an accounting website and enter your data, create transactions, and run reports knowing that when you outgrow one area, you’ll be able to choose from a variety of best-of-breed solutions to manage your expanded needs.
Today’s best cloud-based accounting applications are quite capable of handling many of the tasks needed by small businesses. But if you need more, it’s available.
Here are some of the many categories supported by state-of-the-art accounting websites, and some of the applications available as add-ons:
Invoicing and Jobs
WorkFloMax helps you manage complex workflows, offering tools for creating quotes, invoices, and timesheets, and working with jobs. If you have mobile workers, you can employ real-time job sheets, live job scheduling, and GPS tracking using GeoOp. And ServiceM8 supports field service businesses, tracking jobs and the entire work process from quotes all the way through job completion and invoicing.
Bills and Expenses
Expensify offers seamless integration for the marriage of expense reporting and core accounting, making it easy for employees to document and report expenses, and for managers to approve them. If you have mounds of paper receipts that need to be entered and converted to payables invoices, Shoeboxed can take over this tedious task for you. Datamolino works with another tedious task – extracting pertinent data from bills, invoices, and receipts, and moving it into your accounting application.
Small business accounting websites have limited inventory tracking functions. So if you’re working in an industry that requires advanced inventory control, real-time stock and order management, you have numerous choices, including Unleashed Software, simPRO Software, and TradeGecko.
Customer Relationship Management (CRM)
The relationships that your small business has with its customers is one of your most valuable assets. CRM applications have varying levels of complexity, and each supports its own combination of features, like tracking opportunities through the sales pipeline and doing email marketing. But all help you build comprehensive profiles of your customers and document your interaction with them. Your many options here include Capsule CRM, Constant Contact, and Base CRM.
Some small businesses live and die on the accuracy of their billable time. Cloud-based accounting applications can do some time-tracking, but if you’re in a service industry that demands complexity, mobility, and absolute precision here, you can choose from a variety of solutions, including Harvest, Deputy, and MinuteDock.
If you haven’t yet started working with a cloud-based accounting application, you undoubtedly have many features on your wish list. A generous catalog of supported add-ons should be one of them.