How Cloud Add ons Benefits To Your Start-Up?

As a Startup, you have multiple things to handle in a single go. Everything is from scratch, and all business functions need planning to work everything in tandem. Staying on top of your finances is every business’ requirement, and being a Startup it’s even more important. Whether you are in the first month or seeking funding, accounting software is an indispensable tool for a start-up. And Cloud Add-on will empower your accounting tool with additional functionality and scalability.

Cloud Add-ons Benefit.

• Cloud Add-on saves your time from the daunting task of data entry, bill payments, tax preparation, debt control, and other routine tasks when integrated with accounting systems.
• Among the various benefits of cloud accounting software, one of the best things is how it integrates itself with the add-on to provide additional functionalities.
• It streamlines the accounting process and automates various tasks of invoicing, bill payments, staff management, invoicing, data entry, job management, payroll, and e-commerce.
• There are many accounting software add-ons available for inventory management, tax lodgment, and debt control.

Before exploring some best cloud add-ons, let’s explore some of the best accounting software options for startups.

Best accounting software options for startups

Below is the curated list of software that is helpful for startups. The list includes everything from free software, entry-level accounting software to enterprise-based software available with advanced features. You can choose any option to keep your finances in order.

1. Intuit QuickBooks Online: It is easy to use accounting software. It has a user-friendly interface and caters to every kind of professional –new business owner, certified public accountant (CPA), accountant, or bookkeeper. It provides scalability and has features such as photo receipt, capture, and hundreds of integration with third-party apps.
2. Freshbooks: It provides basic accounting functions such as a double-entry system, invoicing, expense tracking, online payments, project management, and much more. It is best suitable for freelancers, small business owners, and other self-employed individuals.
3. Xero: With Xero accounting, startups have no stress of manual data entry and time-consuming administrative tasks. It is budget-friendly software that helps in reconciliation, online invoicing, recording bills and receipts from a computer device. It offers three subscription plans and can have most features with the upper limit subscription. You can integrate more than 600 third-party applications, to name a few Gusto, PayPal, etc.
4. NetSuite: It is an ERP system that helps businesses to streamline business operations. It provides more than accounting and comprehensive solutions. Apart from accounting features, it has advanced features like compliance management, real-time tracking from purchase order to shipment, etc.
5. Wave: If you are looking for a free option, then the Wave is the perfect solution. It provides features that cater to entry-level- accounting needs. If you are a budget constraint start-up and need a basic accounting facility, Wave is simply awesome for you.

Undoubtedly Cloud Adds ones are a plus for accounting software. It provides flexibility to add functionality according to the business requirement of Startups. But it adds some burden to your business expense for the cash-conscious startup and even underutilization of the service if you are a beginner or just not good with numbers.

Save your cost and avail Clouds Adds-on service with Meru Accounting.

At Meru Accounting we provide cloud accounting solutions to our clients. We also are equipped with several cloud add-ons to serve our clients beyond numbers. Outsourcing your work at Meru Accounting means service of professional experts, accounting software, and cloud add-on service on a single go. Doesn’t it sound inexpensive and perfectly fits your pocket because we charge on an hourly basis.

Here are some of the Cloud Adds-on we use:

• WorkFlow Max.
• Receipt Bank.
• Monday.com.
• DropBox.
• Google Drive.
• Zoho Sales.
• Bill.com.
• Gusto and many more.

To know more just book an appointment with us.