Unless you’ve been under a rock the past 5 years, I’m sure you’ve noticed the era of cloud-based apps has far outpaced its desktop counterparts. We like cloud-based apps a lot—for good reasons that are too many to go into here. You can check out this BLOG POST to see a previous post about cloud-based apps. We like them so much that we’ve completely transitioned our business to using cloud apps for us and our clients. We spend lots of time vetting out the ever growing list of cloud-based apps, and have come to rely on 3 core apps. These apps are our top pick to make our “PowerPack” of apps that we set up with each client.
Xero touts itself as “beautiful accounting software”, and we agree. From the first time you log in, you can tell right away that Xero has taken design pretty serious. But that doesn’t mean that it lacks in power and functionality. Features include: invoicing, quotes, purchase orders, A/P (bills), document management, real-time cash flow tools, contact management, powerful reporting, and much more. Perhaps one of it’s best features is the eco-system of software add-on’s that integrate with Xero.
Trust us, we know how daunting it is to manage all the paper for running a business! Hubdoc solves this issue with automation and storage. The idea behind the system is:
- To be a repository for your bank and utility statements by connecting to your online accounts and pulling the statements automatically
- To serve as an easy way to get the information from receipts, into your accounting system. Simply snap a pic of any receipt using the mobile app on your device, and Hubdoc will read the date, amount, and vendor.
By integrating with Xero, Bill.com, and Google Drive, you can have a completely paperless system that allows you to automatically keep bank, utility statements, and store digital copies of your receipts.
Expensify – Expense Reports and Mileage Tracking
Expensify has revolutionized the way you track and submit expenses for reimbursement. From single to a team of several employees, expense reports for mileage, personal expenses, and travel can easily be imported into Xero and even reimbursed via ACH straight from within the app. For most of our single-owner businesses, it works perfectly for keeping track of money you spend on personal accounts. Enabling GPS on their mobile app makes it a breeze to track your auto mileage as well.
Want to know more about these “Power Hitter” apps? Leave a comment or reach out to see how they can benefit your business and even get them for free as part of one of our monthly service plans.