QuickBooks software has become the world’s largest self-employed and small business ecosystem. It connects millions of self-employed people, half a million accountants, and 5,000 app developers. This software is using developers to empower small business owners.
Let’s take a look.
Managing Cash Flow
For small businesses owners, money is the only way to survive. With that said, cash flow is the most important aspect and often the biggest struggle. Great cash flow means paying employees on time and processing payroll seamlessly.
Thanks to three innovations developed by QuickBooks, money management is easier.
70 percent of new businesses need funding in the first five years and only few obtain it.
Awesome Features
With QuickBooks Capital, the lending process is smoother. Developers have created a breakthrough credit model built on billions of data records. This will assist small businesses in accessing loans easier. Intuit has also designed Quickbooks Payments to pay small businesses twice as fast.
By creating a “payments-enabled” invoice in under a minute, you can populate expenses automatically. Customers have the flexibility to pay online by credit card or free bank transfers.
PayPal and Apple Pay will also be options of payment in Quickbooks. Google has also developed a new integration to send invoices from within Gmail!
Full Service Payroll now offers 24-hour Direct Deposit. This way, small businesses hold onto their cash longer. Its assuring to pay employees before their weekend begins.
Collaboration and Connection
The self-employed and small businesses are connecting customers and employees with its network. Intuit is actively improving access and control.
The secret behind a smarter business and its success is the accountant behind the scenes.
Intuit has boosted the ‘Find-A-ProAdvisor’ platform, connecting 1,000 small businesses to accountants worldwide.
With QuickBooks Online Accountant, you can manage clients in one place. The Practice Management solution enables you to manage all clients at once. Run your practice, tackle books, tax, payroll, and payments.
Speaking of applications, most small business owners use more than 15 different ones to run their business. With Intuit’s App Store providing 500+ apps that integrate with QuickBooks, its much easier.