Do you look at your company’s finances and wonder where the money went?

This is the situation for so many small businesses and what prevents them from scaling. So what’s the solution? How do you ensure that you handle your spending management and reduce your business expenses?

One of the best routes is to use spend management software. This is a type of software that tracks your business finances and assists with improving your spending management.

Here’s what you need to know about this crucial business software.

Bento for Business

Business Performance

Without a doubt, if you want to use spend management software then you want to use Bento For Business.

This spend management software keeps track of your company’s finances in real-time. You’ll see the average rate of your business expenses via the software’s dashboard.

This gives you an idea of whether you’re staying on budget or going overboard. You won’t have to wait until the end of the month to calculate your expenses. This is the easiest spend management software to use and doesn’t require much technical expertise.

This software works for a range of businesses. Whether you’re running a large enterprise or are a freelancer this is a great option.

You can choose a plan to determine which is the ideal option for your business. Bento For Business also offers free trials and excellent customer service to help you with using the software.

Spendesk

The good news Small businesses can have great email security

This is a great spend management software that works if you’ve got a bit more technical expertise. It’s ideal for businesses that receive lots of invoices.

You can scan an invoice and the price automatically gets added to your dashboard. This makes it easy to keep track of your spending as well as your earnings.

You can also use Spendesk to assign credit cards to your employees. As expected, you can keep track of their purchases through the dashboard. This software is ideal for businesses that are scaling and isn’t suitable for sole proprietors.

FreshBooks

Business Management

This is one of the best spend management software that works well for keeping track of your accounts.

It works as accounting software that can keep track of the monies your company makes and spends. You can also create reports to share with your company’s accounts department.

It’s one of the most basic business software options on this list but one that works if you don’t have too much time to handle your financial obligations. This is also one of the easiest types of spend management software to consider.

Find Your Spend Management Software

Now you can find your spend management software and keep track of your company’s finances.

Bento for Business is arguably the best spend management software available for any type of business. You can keep track of your company’s finances in real-time with stellar customer service by your side.

Spendesk is great for growing businesses and also helps you track your employee’s expenses. FreshBooks works mostly as an accounting software but also has great spend management features.

You can find more software options and recommendations on our blog.

2 Shares:
You May Also Like
Technological must haves
Read More

Keep Your Business Competitive With These Technological Must-Haves

Running a business in 2016 is a fascinating and complex endeavour. The truth is, the world of business is unlike it has ever been before. Not only is it more competitive than ever, but the rules seem to be getting looser and looser.

If you want to succeed in business today, you need to know how to adapt continually to a changing environment. As long as you remain fair, and consistent in your vision, you can do more or less whatever you please. And that is very good news indeed for anyone looking after a company.

Part of the process of keeping up-to-date with the world of business is taking on the latest technologies. This doesn’t mean that you have to religiously follow every new trend. Indeed, if you did, people would likely think less of you and your business as a result. But it does mean that you should be taking advantage of what technology is available.

At the end of the day, you should be using whatever is available to make your business a viable competitive force in the world today. But nor is it just about being competitive. It also makes little sense to ignore certain technological advances. If they are cost-effective, and they provide a means for you to do what you do quicker and easier – then that’s just good business.

With that in mind, let’s have a look at some of the top technological must-haves for your business this year.

Productivity tools

One of the most important aspects of running a business is ensuring that your time, and your staff’s time, is used effectively. After all, you are paying them their wage – you need to make sure that you are getting your money’s worth.

That’s why it’s important to keep their productivity high. This is just good business. Fortunately, there is technology available which enables you to make the most of the time spent in the office.

Programs such as OneNote allow you to keep a much more organised digital workspace. This is great news. Too much of our time at work is wasted on trying to find the right documents for any given task.

With OneNote, you have a user-friendly, easy way of keeping everything together which needs to be together. That way, you can spend more time working.

Even if you just make this change for your own computer, your business will see a dramatic improvement in its productivity levels. Not only that, but you can use that same software to keep tabs on the productivity of your employees. How’s that for a versatile piece of software?

The cloud

Long gone are the days when you would have to copy over files from one computer to another. Thank goodness – we all remember the hassle of having to email files, or put them on a flash drive. And if the files were too big, then it could prove to be a real nightmare.

Flash drives have their place, of course. But for a sprawling business which is only set on growing bigger, they do not serve all that much purpose. Any growing business needs a method of transferring files which is fast and easy to use. It is also a huge benefit if location doesn’t matter at all.

Part of the reason for this is that growing businesses often need to have more than one location in which to do their business. If you have started kitting out a second office, then you might be worrying about data transference.

Don’t – with the cloud, it’s no problem at all. The cloud allows you to have all your files available on any connected device, immediately. There are not even any transfer times, because it is just waiting at your disposal for you to connect to.

This is the kind of technology that business has been waiting for for many years. A few years ago, this would have seemed like a dream. Now it’s a dream come true.

The main beauty of the cloud is that it is easy to use. But even if you – or any members of staff – are struggling with it, then don’t worry. There is always a helping hand available. Consider icloud sign in for all your cloud needs. Chances are, you will have your answer in moments.

Social media

Any business owner worth their weight in salt knows the overbearing importance of marketing. The way you put your business forward into the public view says a lot about your enterprise. It also dictates, to a large extent, how successful you are likely to be as a company.

Marketing should be considered as one of the primary arms of your business. Of course, the methods involved in marketing are varied. And with the advent of certain technological advances, marketing is now more effective than ever. Nowhere is this plainer than in the world of social media.

Social media is a real godsend for business owners in today’s world. With social media, you have a tool which enables you to get your message directly into people’s homes (and pockets). Not only that, but you don’t even have to pay a penny. Unless you want to, of course, in which case, it is even more effective.

Social media allow you to project your brand image however you like, day and night, to millions upon millions of people all around the globe. Never before has there been a marketing tool so immediately effective. Truly, any business would be insane not to consider social media a central part of their marketing strategy.

If you run a business, and you want it to be a competitive force in today’s world, then getting engaged in social media is an absolute must. Ensure that your business has accounts on all the main sites.

But more than that – use them! The key to successful social marketing is a lively, healthy interactivity with the general public. Take the opportunity to present your company in a bold and exciting manner. The people will find it hard to forget your brand in a hurry – and that is the name of the game.

Let's block ads! (Why?)