Running a business entails performing various tasks. Luckily for us, computer software makes that job a bit easy. Some of them are so reliable, you depend on them so much to keep your business running. It makes for good skills management.
1. Accounting (QuickBooks)
QuickBooks has been regarded as the gold standard of business accounting software. It can perform remote access capabilities, remote payroll assistance and outsourcing, electronic payment functions, online banking and reconciliation, mapping features through integration with Google Maps, marketing options through Google, and improved e-mail functionality through Microsoft Outlook and Outlook Express. It can also import Excel spreadsheets, additional employee tracking options, and pre-authorization of electronic funds. It can be used mainly on Windows.
2. Budgeting (PlanGuru)
For planning and managing company budget, PlanGuru is highly recommended. It is an on-premise business planning and budgeting solution that helps accountants to build financial forecasts, prepare budget analysis and address financial constraints of small businesses. It can create and manage income statements, balance sheets and cash flow statements. It is also capable of interfacing with Excel, essential for accountants in making reports. This software mainly runs on all currently-running versions of Windows and a web browser for Apple/OS users.
3. Competency Management (AG5)
You can’t run your team, and make sure all their skills are managed correctly, without useful Skills Management Software. As AG5, one of the companies in the field of Skills management and competency management: ‘Using AG5, simply replace all the Excel spreadsheets floating around your organization with a single, centralized, cloud‑based repository containing all the information about your personnel’s skills. Then just authorize individual employees, teams or departments to determine what they can or cannot view and/or edit’
4. Payroll Management (ZenPayroll)
Payroll is another key feature of a business. Companies need to keep track of its employees since they have to pay them and it is important that they must exist on records. ZenPayroll by Single Grain simplifies these tasks by offering an automated system. It can collate employees’ personal data, provide a 24/7 web and mobile paystub access. For taxation, with employee data entered, it will be easy to deduct taxes from salaries. It also allows for flexible payment schedules and give bonuses with automatic tax calculations. It is also capable of giving detailed reports.
5. Billing (FreshBooks)
FreshBooks is a reliable and fast accounting suite that turns complex financial management into an enjoyable experience. Creating professional-looking invoices can be done in a few clicks as the software is user-friendly in accounting. You do not need to be a CPA to be proficient with it. It automates tasks such as client follow up, time tracking, expenses organization which saves time. Its online payment solutions help you get paid faster. The software can interface seamlessly with a variety of third-party apps such as Stripe, Shopify, PayPal, and G Suite, among others. Its mobile version can run on Android and iOS, allowing you to run your business anywhere.
6. Financial (LivePlan)
Planning is a key task in a business. A cloud-based software, LivePlan makes it easy for you to craft a business plan in no time and makes it fun to do as well, even if you are a beginner in using the software. You can set business goals, compare performance to industry benchmarks, and see all your key numbers in an easy-to-use dashboard so you know exactly what is happening in your business. Those who have used it swear this is one software anyone can use.