So, here we are in the 21st Century. Things are changing, and although the old folks haven’t really caught on yet, the days of the brick-and-mortar office building are waning. Sure, there are some positions that will never lend themselves to being work-from-home jobs: shipping clerks, warehouse attendants, and janitors. However, for the white collar world, the days of the long commute to the downtown high-rise will soon be in the past.
With virtual offices on the rise, mobile business technology is the next big thing, in terms of both investment and development. Considering that you can now manage your personal finances almost exclusively online, you will soon be able to count on managing your business in a similar fashion. Online accounting apps are being developed every day, but the future is in mobile.
Let’s face it. Telecommuters don’t really have to sit in their seats all day. They can carry their tablets with them and work in Starbucks for six hours if they want to. That said, all this business finance software has put a bit of a wrench in the gears. What good is working from home if you literally have to work from home? That’s why these great mobile apps for finance and accounting save the day.
- Developer: QuickBooks
- Cost: 30 day free trial, $9.95 monthly fee per user thereafter
- Platforms: Android, iOS
- Best Use: general accounting and bookkeeping
QuickBooks has been the Old Faithful of accounting software since the earliest days of the personal computer. It is, therefore, only fitting that the mobile version is leading the way as the Internet is continues to grow. An online-subscription service, QuickBooks Connect operates similar to GotoMyPC in that you can access everything you need remotely via sync technology. This way you can spend the first of every month by the pool instead of buried in paperwork.
- Developer: Xero Accounting for Small Business
- Cost: free limited software addition indefinitely, full version $19.99 monthly
- Platforms: iOS, Windows Mobile
- Best Use: accounts payable and receivable
This app works in concert with QuickBooks and automates collections and accounts payable and receivable. It allows you to manage your online banking and invoicing and to deal with your international clients and business partners with a built-in currency converter. This app can work with most any bookkeeping software you’re already using, and it has both a mobile version and a full-site version. This way, if you’re sitting in the café “working,” and you see one of your deadbeat clients drive by, you don’t have to chase him. The software does it for you.
- Developer: Paychex
- Cost: personalized based on your business model and size
- Platforms: iOS, Android
- Best Use: payroll and benefits
This software is amazing in that it handles payroll, banking, direct deposit, and benefit coordination, such as insurance accounts and investment accounts. Customized for your business, all you have to do is punch in the data. The software does the rest. No worries, no fuss, and no employee complaints about missing hours or late paychecks.
- License: Creative Commons image source
Chris Turberville-Tully works with Accountants For IT Contractors, http://www.accountsforitcontractors.co.uk, providing accounting services for independent contractors.