Question: What online finance tools do you use to simplify your life as a busy entrepreneur?
Question by: Michael B.
On the Go With Mint.com
"Mint.com is awesome because it takes all your finances and puts them in one place. As an entrepreneur, you're always on the go; even your personal finances can, at times, fall by the wayside. The great thing about Mint is that it also helps you save, create a budget and shows you where you spend your money."
Cash Flow Is King via Pulse
"Pulse is the ultimate resource for entrepreneurs. While Quickbooks keeps my accountant happy, Pulse allows me to track and forecast cashflow for my business. Forget the old Excel spreadsheet with broken formulas. Pulse even has a free version to get anyone started."
LessAccounting Truly Means Less Accounting
"We use LessAccounting to track income and expenses, and handle general accounting needs for our business. I've tried a few other similar online finance tools, but none had the simplicity and ease of use that LessAccounting does, especially if accounting isn't your top skill."
Pay It With PayPal
"It may have some fees that other services don't, but we have enjoyed using PayPal as our center for finances. The ability to do invoicing right from the program offers customers the ability to pay online, or if they mail the check in, I can mark it paid. In either case, I am keeping my B2B accounts organized while my online orders collect, all in the same account."
Compile Your Accounts in InDinero
"InDinero is like Mint.com for businesses -- it allows you to track expenses and see where you're money goes, but also has special business tools such as runway projections and business budgets. It's great for doing regular, quick checks on where your business stands financially."
That Old Standby -- Quickbooks Online
"We love using QuickBooks Online. It's easy to manipulate, gives our team and accountant easy access to the same forms, and is robust for when we grow. It's older than a lot of the new products out there, but we find it to have all of the tools we could ever want."
Keep an Eye on It All With Expensify
"I loathe keeping track of expenses, but I know it's important to know what's spent when, where and on what. Expensify takes some of the pain out of tracking receipts and expenses. It's especially useful for entrepreneurs who travel often."
Pageonce Is My Go-To Finance Tool
"As a busy entrepreneur, I'm on the go a lot and I rely on my mobile devices to stay organized. The Pageonce app is front and center for me. It's easy to see all my accounts in one place, review transaction-level details and receive push notifications on any unusual activity in real-time. Pageonce is a simple mobile interface that gives me a snapshot of my financial life."
Freshbooks Is Free for Three
"Instead of buying complicated software like Quickbooks, use Freshbooks as a service platform. Invoice clients, record expenses and do all your bookkeeping with this software. The best part is, it's free to try on your first three clients."
Try Out myERP for Everything
"A little less intuitive than its competitors, but myERP is extremely feature rich and powerful. Invoices, quotes, bank payments, expenses, accounting, taxes are all handled in one place. It is like a CRM + Quickbooks and is quite powerful. The free version is fully functional and solves almost every accounting/financial need I have as an entrepreneur."
Forget the Fees and Fuss With Bill.com
"Bill.com allows me to pay my employees and receive payments from clients electronically, without a ton of fees and hassle. FreshBooks is also a great tool for any business owner who sends out and receives invoices."
The Young Entrepreneur Council (YEC) is an invite-only nonprofit organization comprised of the world's most promising young entrepreneurs. The YEC recently published #FixYoungAmerica: How to Rebuild Our Economy and Put Young Americans Back to Work (for Good), a book of 30+ proven solutions to help end youth unemployment.