Financial Apps Every Small Business Owner Should Consider Using

As a small business owner, you know how challenging it is to manage all of your professional finances. With so many details to keep track of, it’s hard to handle everything yourself. Luckily, there are a number of financial apps on the market that make things easier by acting like your own in-house accounting department. While there are apps across all business categories to help you run things more smoothly, choosing a financial app is a great first place to start, as it can really help compensate for lack of headcount.


QUICKBOOKS ACCOUNTING – Quickbooks is a great app to help organize your bookkeeping. It lets you create invoices, manage your expenses, manage your cash flow and view your P&L. You can take pictures of your receipts and attach them to your expenses and you can categorize all of your transactions and check them against your bank statements. It even helps you find tax deductions, so you will be better prepared by tax time.

FRESHBOOKS – This app is a great way for small businesses and freelancers to manage and track invoices on the go. Its accounting software makes things easy, fast and secure by recording expenses, tracking time and helping you get paid quickly. You can create professional invoices, accept online payments, keep track of your billable time, keep automatic payment records, track expenses and store client conversations. It is a highly visual and intuitive app.

WAVE – This is an easy invoicing app for businesses with fewer than 10 employees. You can use it to send customized invoices with your logo, check invoice status, record payments and send invoice reminders and receipts. You will receive notifications when you’ve been paid and the app accepts credit cards and bank payments. It helps with expense tracking, receipt scanning and provides free software to help you manage your finances all in one place. You can link your bank account and integrate it with services, such as PayPal.


SQUARE – If you are a retail business or have customers who pay by credit card, this app has a square portable card reader that attaches to your phone or other mobile device to accept quick credit card payments. Funds are deposited directly to your bank account quickly — within 1-2 business days. It has a point of sale system to keep track of sales and inventory and you can manage items and employees and view analytics about your business.

PAYPAL HERE – This app is PayPal’s answer to Square. It allows you to accept payment through a free card reader (or you can invest in PayPal Chip Card Reader), so your phone becomes a portable cash register. Payments processed through this app are transferred to your account within minutes.


EXPENSIFY – Filling out expense reports is tedious work, but this app helps you keep track of your business expenses easily. You can either link your credit card to your Expensify account and the app places charges directly in an expense report or you can take pictures of your receipts and Expensify transcribes the details for you to create the expense report later. No need to stockpile your receipts and risk losing them. Expensify keeps track of them while you are on the go.


All of these apps can go a long way to helping you simplify and automate your financial processes. Give them a try and see which ones you like best.

For help with other financing solutions, such as funding, contact ExpoCredit at https://expocredit.com