Top 5 Small Business Tracking Software

Small businesses requiring payroll processing services, increased productivity, or allocation of resources require time tracking software for strategic decision-making about future growth. Time tracking apps help make more informed choices for successful growth.

Some time tracking apps feature automatic time tracking, invoicing, productivity analytics and more, while others also provide budget forecasting and expense management features.

Xero

Xero is an easy and accessible cloud accounting solution specifically tailored for small businesses. The main dashboard showcases key statistics that MDs, CEOs and other business leaders need to be aware of; such as how much money is in the bank account, who owes money and current bills due.

Also included is an efficient inventory management system with minute by minute stock tracking and automated invoice reminders to reduce stress caused by late payments. Plus it supports multiple currencies, which could come in handy if your business includes overseas trade activities.

Connect your bank account and Xero will import real-time transactions, which you can then reconcile quickly to your accounts with just a few clicks.

Zoho Books

Zoho Books provides an effective accounting solution for small and midsized businesses, including ecommerce businesses. Their professional network can assist with tasks like 1099 tax filing and bank reconciliations; additionally they offer a mobile app which lets users record expenses and generate invoices without using desktop software – it even supports payment gateways and ACH payments! In addition to recording inventory, tracking mileage, sending payment reminders or recording expenses on-the-go!

At first glance, its intuitive dashboard offers quick views of receivables and payables, cash flow, top expenses, billable hours and more. Bank and credit card integration lets you access transactions from banks directly and match them with existing records; additionally it has features that enable automatic categorization and filtering of bank transactions for categorizing them more efficiently.

Wave

Wave is an accounting application created with micro-businesses and freelancers in mind. Offering double-entry accounting with integration to online payment and payroll apps, its dashboard features individual tabs for sales, expense management and accounting with cash flow graph and bar chart that display expenses by category.

Next Invoice offers customizable invoice templates tailored specifically for small businesses and freelancers, as well as supporting recurring invoices that can be automatically sent out each month. Furthermore, its platform enables users to connect multiple bank accounts, track receipts, create custom income statements and buy business insurance through Next Insurance; although its pricing seems out of place.

Sunrise by Lendio

This platform from the company is free for users, offering various tools for managing expenses, cash flow and lending. There’s also a mobile application featuring their Magic Bot technology which automates receipt data entry while categorizing expenses based on rules; tracking discounts/refunds on invoices is also made easier using this feature.

This accounting software makes creating personalized invoices easy, while supporting multiple currencies and formats. Users can manage inventory and generate recurring invoices for regular payments. Furthermore, payment reminders and taxes calculations are sent automatically as well as visual reports with graphs, charts and shapes for further insight.

Lendio offers Sunrise users an incentive that makes using its service twice as likely to secure business loan funding, plus access to its network of 75 lenders.

Pabbly Subscription Billing

Pabbly Subscription Billing provides an extensive set of features designed to streamline recurring billing processes and increase productivity. Its advanced tax management system automatically calculates and applies taxes according to a customer’s location, ensuring compliance with local regulations.

The software supports multiple payment gateways and currencies, enabling merchants to reach an international clientele. It also features custom checkout pages with various pricing models to maximize revenue growth and profits for businesses.

Pabbly Subscription Billing allows users to add multiple plans onto one checkout page, increasing average cart value while decreasing churn rates. Customers can manage their card details on the client portal dashboard, while its powerful API enables seamless integration of applications with client portal.