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Question to all founders and managers: What tools do you use to manage your business expenses?
I'm new to the fintech space and I'd love to know more about some tools/software that help manage business expenses and improve the efficiency of your finance and accounting teams.
What tools do you use for:
- managing your business expenses - sales, marketing, product expenses, etc
- paying for software and other subscriptions
- employee reimbursement and claims
- accounting automation
- travel and miscellaneous expenses
Eager to know and learn more from you all. Thanks guys :)
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@kaushal_im This actually looks like a gem. Thanks for sharing, Kaushal. Do you have a recommendation at which company size it makes sense switching to such a tool?
@carlo_thissen I am running a company with the team of 40, I hope this will helps you in making decision. Zoho Books can be helpful for any size of company starting from 2 Employees to 200. It's must have app for any business to manage the finance of the business. We are managing a single penny with Books and everything is crystal clear. Happy to help if you have more queries. 🤝
@kaushal_im Thanks for the detailed answer Kaushal! I'm having a deeper look into it right now. Would love to reach out with more questions in case they come up. Thinking about this topic for a while now and you might have just brought me to that tipping point of taking action.
-Google Sheets to track expenses (we're a team of 6 so it is manageable on Sheets)
-karboncard.com for paying for software / subscriptions (this is a India specific product I think)
-Quickbooks for accounting/invoices etc
Payfit.com is a simple to use tool for managing employee reimbursements and claims and most personnel costs.
Pagemaker