Services That Can Help You Take Care of Your Financial ManagementOn September 17, 2020 by Pat Vinson
Technology makes our personal and business lives easier in every way, but its role in business growth has a lot to do with making financial management routines scalable.
And what does it mean? For your operation to scale, it needs to serve more customers without the need to grow resources at the same rate. This makes your earnings grow more than investing in structure, not simply cutting costs, but working in a smart, automated way or simplifying financial management routines.
We know this management is the Achilles heel of many people and businesses. It’s not always easy to find yourself in so many numbers and spreadsheets, but this organization is important to know if your business is making a profit and can make predictions.
We have made a list of some companies and applications that offer services that can ease your financial management, take back control of your money and improve the routine of your processes.
Do your accounting online
Paying the fees of an accountant can weigh on your company’s budget, especially for those who have just opened and need to make other investments until you have a financial return.
An alternative is online accounting firms, Cortabilizer is one such company that offers this service as the technology facilitates access to accountants from any location and automates the registration of various accounting routines.
Organize your daily expenses and receipts
These services can be accessed on your computer or directly on your mobile phone, they sync your bank and credit card details to organize all your daily spending showing your spending pattern.
With this monitoring you can better identify which areas you spend the most on, opportunities to save money and predict how much you need to have in your account every month to cover your average spending.
It has option for all tastes, helping you in the personal or business financial management, the choice will depend on the usability:
- Pocket Guide: Free mobile app.
- Mobills: web and mobile platform, plans for individuals and corporate.
- My money: Free single-user web platform, but also offers family plan for a small monthly fee.
Manage your business with management systems or platforms
The above financial organization applications are useful for personal or small business management, which has a smaller inflow and outflow of money, but for slightly larger companies, this flow can start to become complex. Therefore, it is recommended to invest in a management system. These systems often add different functionalities such as cash flow, inventory control and finance module.
- Calero: It is not a management system but a financial management platform that offers tools such as cash flow, billing, bill payment and financial reporting.
- VHSYS: Management system that includes features such as inventory control, sales management and NF-e issuance.
- Tactical ERP: Management system with differentiated solutions for different segments such as wholesaler, furniture and digital agencies.
Receive from your customers without bank
One way to boost your sales and have more money coming into your account is by offering more payment methods to your customers, such as bank slip and credit card.
This can be done with banks, but the process is bureaucratic as it requires the creation of a bill of exchange and control of shipping and return files, not to mention canceled charges and maintenance fees. But, there is a better and easier way to receive from your customers using payment intermediaries like Junko.
Using Junko to issue your charges, you only pay for paid slips and do not have to do the whole process of shipping and return files, nor worry about specific integrations with different banks. You can register with CPF or CNPJ.
Sebrae offers advice to companies of all sizes, in some cases these services are even free. It is very worthwhile if you are at the beginning of your business and need to understand how to organize your business so that it has growth potential.
Bills to pay
Forgetting to pay an account can lead to unnecessary fines and interest expense, using apps like B-Tracker or Bills Reminder allows you to mark your payments on the calendar and get reminders.
Issuance of invoices
Depending on the system or service you choose, it may be that invoicing is already included in the features, such as Cortabilizer (online accounting), Calero (management platform) or VHSYS (management system) we cite in previous topics.
Inventory management is directly related to your financial management. Since the time it takes to get your product in and out of your inventory interferes with the time you have to receive the return on your sales. Ideally, you should always try to manage inventory in such a way that time is shortened and optimized, always keeping products that have the most demand available and liquidating stalled items.
Here again come the management systems, which can already include this tool in their services.
Management for MEI
If you are MEI you can count on platforms that are specific to your needs, as taxation and financial control is a bit different. With MEI Fácil where you can create your CNPJ and organize all your microenterprise obligations.
Loan to invest in your business
Fintechs such as Hcredi simplify lending by lowering interest-bearing home loans with less paperwork. The best option if you need to trade heavy debt for a healthier one or invest in your business.
Leverage technology to optimize your financial management and have more time to focus on your core business activities or even take a break!