#Best financial software small business drivers

Hyper Anna App connects to your accounting software in one click, automatically understands the specificities of your accounting data and proactively looks for relevant insights.Even if Wave weren’t completely free, we’d still be blown away by how much it offers. Unlike the previous solutions presented, Hyper Anna is coming from the Enterprise space, providing enterprise-level analytics to small businesses. It’s been built by data scientists to democratise data analytics and allow business professionals to access insights. Hyper Anna is powered by AI end to end and doesn’t require any set up or training. You will only find one analytics tool in this category that doesn’t require months of training and developing advanced skills to be able to use: this tool is Hyper Anna. Best Small Business Analytics software on the market? You also need a turnkey solution that won’t take months to set up or train with.

#Best financial software small business drivers

You need a way to uncover actual business insights, understanding drivers of your business and easily look at any area within your data. You are capturing quite a lot of data in your accounting software and want to look for hidden gems in your data that would make your business more profitable. You will find value in this option if you’re a small to medium size business with some level of complexity: annual revenue over $2M, multiple offices or business lines, significant clients or suppliers base etc. Get started with Small Business Analytics, using AI to access automatically generated insights Who is it for? However, if you find yourself or your team constantly going back into your accounting software to extract your raw data and analyse it in Excel, this is a good signal that you need a solution that will help you find DEEP business insights.ģ. So if you have no need to dig deeper these options will be super useful. These solutions haven’t been designed to help with deep, custom data analysis. ‍ When have you outgrown these solutions? Spotlight Reporting Dashboard Layout set up

Spotlight Reporting has a wealth of options to customise your automated financial reports.

FathomHQ allows you to project profitability scenarios.

Futrli is focused on optimising small businesses cash-flows.

The best apps would typically have specific advanced functionalities to make you save time with forecasting, cash flow management or budgeting. Best financial reporting apps on the market? Those apps have been built by accountants and former small business owners that wanted to provide a dedicated reporting and planning solution for small business accountants.

They will require some time to setup and customize to your needs after you have connected them to online accounting tools. They will enable you to connect your accounting software accounts, for example your Xero account through an integration with Xero, and generate beautifully looking financial reports like P&L, Balance Sheet and Cash Flow, with the ability to schedule automatic sends to business stakeholders, investors or clients. What will you get?įinancial reporting apps are typically available in the cloud accounting tools add-on marketplaces, like the Xero marketplace.

If you are a little bigger and looking for a simple way to generate beautiful financial reports on a regular basis, you can opt for financial reporting apps. Automate your financial reporting and planning with small business financial reporting Apps Who is it for? When you need to report on your business performance, be it to internal stakeholders, your board or investors, then the basic cloud accounting solutions won’t enable you to easily generate and circulate complete financial reports.Ģ. Another similar option in this list would be Freshbooks with a solid presence in the US.MYOB is catching up after having been predominantly a desktop app, and now having a competitive cloud offering.Quickbooks is the world leader with a strong domination in the US and also several hundreds of add-ons options.Xero is the leading platform in Australia with an ecosystem of app partners that will enable you to enrich the capabilities of the software.Best cloud accounting solutions on the market?