6 Best Small Business Tracking Software Options

Small businesses need an effective business tracker in order to stay on top of expenses and understand what tax payments they owe, without much difficulty or hassle. A good tracker helps create professional invoices, track payments and receipts, manage expenses easily and helps create professional invoices quickly and easily.

This cloud-based accounting solution offers a suite of resources tailored to businesses of every size, such as invoicing, time tracking, business reports and various payment options such as credit card processing.

Zoho Books

Zoho Books accounting software system offers both a free package and five monthly plans to meet any accounting need. With its simple user interface and tracking features such as tracking time and expenses quickly or reconciling bank transactions easily, this accounting program also provides basic financial reports as well as multiple currency support.

Client Portal of Our Software. Client portal allows clients to accept estimates and pay invoices online as well as send payment reminders. In addition, there is an inventory feature.

Zoho Books’ banking features make it possible to quickly import bank feeds, match them instantaneously with transactions in Zoho Books and generate reconciliation reports showing both matched and unmatched transactions. Furthermore, this software can track monthly service fees for clients as well as create budget reports.

Kashoo

Kashoo is an easy and straightforward business software solution, allowing users to digitally record receipts and link them directly with costs for easier tax season preparation. Furthermore, the income statement report page gives users a view into all incoming and outgoing payments.

Kashoo offers an interactive Bills to Pay feature that makes managing vendor invoices even simpler. A summary appears at the top of each page that displays totals such as your total bills for the year, number of days it takes to pay a bill and total amounts due.

OneUp

OneUp is an affordable accounting software solution, designed specifically to automate invoicing, inventory and CRM tasks on desktops, tablets and phones. With its low pricing options it makes OneUp an attractive proposition for small business owners.

The program is easy to use, featuring an interview process to customize your account based on your unique requirements. Users can quickly set up products and services, enter leads/opportunities/prospects, generate invoices/track expenses/manage projects.

OneUp provides excellent inventory management features, but lacks time-tracking capability which limits its usefulness when looking to increase productivity or project-based work. Furthermore, OneUp doesn’t support Stripe for payroll processing nor offer payroll features of its own.

Tipalti

Tipalti provides a flexible SaaS subscription pricing model to match the changing needs of businesses, starting at just $149 a month for platform usage, with options such as W-8 tax forms, international tax IDs, and multi-entity payables available upon expansion.

Businesses using this software can streamline the payment process and focus on mission-critical activities more easily. Its global system supports payments to suppliers, partners, customers and affiliates in over 190 countries while collecting country-specific banking details from payees for successful payment remittance.

Companies such as Noom, Skillshare, and Roblox use Tipalti to efficiently manage their invoices and payments. The software enables them to easily track payments and reconcile accounts quickly; its streamlined payments help small businesses increase cash flow and grow.

Xero

Xero offers numerous tools designed specifically for small businesses, including online invoices that can be sent from any device and payment reminders that help avoid late payments. Furthermore, this service integrates with popular payment service providers like Stripe and GoCardless, while simultaneously tracking stock minute-by-minute.

Xero offers three pricing plans with flexible plans that suit most businesses: an initial free trial period and three price ranges: Early (which costs $13 monthly and allows up to 20 invoices and five bills), Growing (with bulk reconciliation support), and Established. These offer features like time tracking and project monitoring plus multi-currency support.

FreshBooks

FreshBooks boasts an impressive feature set. It can help you manage time, track expenses and create recurring invoices; while its dashboard provides insight into outstanding invoices, profits, revenue streams and more.

Freshbooks offers a mileage tracking feature to automatically record business trips and organize them for deduction purposes, as well as link bank accounts and credit cards to simplify expense tracking.

FreshBooks offers several price options, starting with its entry-level Lite plan for individuals at $17 a month that provides expense tracking, receipt organization tools and invoicing as well as a 30-day free trial period. Higher-tier plans also add double-entry accounting and ACH payments.