By Analytix Editorial Team
With smartphone usage on the rise, it is important for businesses to move towards leveraging mobile apps, in addition to having a dependable online presence. Mobile platform usage is growing exponentially and quickly becoming a medium that cannot be ignored, for both marketing and business development purposes.
Smartphone apps provide users with easy access and allow for faster decision making, since people are regularly engaged with their phones. Through the smart and judicious use of visual aids, such as icons and imagery, mobile apps also help strengthen users’ association.
Here are some available mobile app features that can prove to be immensely beneficial to a small business:
For a startup looking at growing at a fast pace, tracking time is also one of the ways in which to track productivity and evaluate time spent on different businesses.
One of the cornerstones of good accounting is diligent recording and tracking of expenses. A mobile app can prove to be extremely handy for this, recording and filing away even the seemingly small transactions. The data can then be retrieved easily for reconciling and organizing financial data.
With more businesses opting for cloud based solutions, meetings “on the go” are extremely common. Businesses need information and files handy to be able to access information or share data with clients when needed.
Bookkeeping is a function role that requires diligence. There are tasks that need to be repeated daily. How do businesses facilitate this? Promote using a mobile app for tracking essential bookkeeping tasks.
Critical accounting tasks, such as accounts reconciliations, effective cash flow management, tracking and managing accounts receivables and payables, etc. are better handled by mobile apps. Automating these tasks allows for reduced errors and lapses in recording the expenses to be better managed.
Some mobile apps that offer these features are listed below:
|Xero||QuickBooks||Expensify||Wave||Harvest Time and Expense Tracker|
|Xero is a comprehensive accounting software that also provides the convenience of accounting on mobile devices.|
|Similar to Xero, QuickBooks also allows users to access comprehensive accounting, including tracking expenses, generating receipts, etc., on a mobile device.|
|Expensify helps businesses track expenses, including organizing receipts. This is a good app for solo entrepreneurs who need a dependable app to track expenses.|
|Wave helps track both, expense and revenue with the help of two different apps. This app also helps create invoices and send them to customers.|
|Harvest provides small businesses with the option to manage both, finances and projects or tasks while monitoring time, expenses, and invoices as well.|
However, because of the technical expertise and investment required, it may be challenging for small businesses to engage in mobile app development themselves. This is one of the places where outsourcing can make a difference in the terms of providing both expertise and value.
For a small business, the prospect of developing a mobile app may prove to be large investments of time and money. Choosing the right vendor is important, combining expertise with an understanding of the business and its unique needs.
We would love to hear from you about what apps have helped your small business, so let us know which ones you have found invaluable.
Analytix Solutions offers customized solutions for small businesses and startups, ranging from accounting and bookkeeping to more complex requirements. For more information on how we can assist your business with custom app development, call us at 781-503-9004 or email us at [email protected].