The smartphone plays an important role in business management, even though many adults still use the device as a toy for playing online games and chatting with friends. Despite the wide variety of smartphone apps available for small business management, Intuit’s 2015 Small Business App Study revealed that more than 55% of Canadian small business owners use their smartphone for business management purposes. In the United States, only 43% of SBOs utilize smartphones to manage their companies.
Online Software for Small Businesses
SBOs can choose from a vast range of mobile apps that enable them to manage a business from the cloud. As a result, it is possible to manage finances, create documents and attend meetings by way of a smartphone. Nearly every business management activity conducted in the office can be accomplished remotely, with a relatively small investment in application software. According to Intuit’s 2015 study, Canadian entrepreneurs spent an average of only $1,000 on software, with nearly half of those business owners using more than three software packages to run their businesses.
QuickBooks Apps Can Take You to the Office
Whether you use a smartphone or a tablet device, QuickBooks can help you manage all of your accounting activities from its cloud-based platform when you are away from the office. A wide variety of apps from third-party developers sync with QuickBooks, making duplicate entries unnecessary. Here are three examples:
- QR Inventory is a cloud-based inventory system with bar code and QR code scanning.
- Method:CRM is the top-rated customer relationship management software for businesses using QuickBooks.
- LivePlan allows you to create budgets and sales forecasts. LivePlan syncs with QuickBooks, allowing you to compare your forecasts with your actual results as well as industry benchmarks.
- TSheets time tracking relies on employee smartphones for tracking time worked by hourly employees. It also uses smartphone-supplied, GPS location points for employee routing, accountability and mileage. TSheets syncs with QuickBooks for payroll, job costing and invoicing.
Manage Business Expenses While Traveling
Receipt Bank is a mobile app allowing you to upload receipts to the cloud. Regardless of whether you pay by cash or credit card, any receipt or invoice can be photographed with a smartphone camera and uploaded to Receipt Bank’s cloud-based system for processing. This app can extract particular data from a receipt or invoice. If only a portion of the information on the document relates to a particular account, you can isolate the relevant data because the app scans the information in the receipt. Receipt Bank’s auto-publish option allows you to automatically send the receipt data to QuickBooks. A stored image of the receipt includes any handwritten notes made on the receipt itself concerning specific details of the transaction. Forget about saving and sorting through crumpled, paper receipts. Simply snap a picture and send it to the cloud, where the app files it accordingly. Your smartphone can save you time and trouble while helping you avoid the many of the headaches from small business management.